Who knows what will happen after next Tuesday, but the labor department reported more good employment news for employment in October. “The official unemployment rate dropped to 4.9 percent, from 5 percent. And average hourly earnings rose 2.8 percent year…
Tag: supply chain
April Is Slow Growing
Spring is here, but cooler temperatures and rainy weather seem to have slowed down normal seasonal trends. “Slight growth” is probably the best way to describe the growth for U.S. manufacturers in April. The upside is that the overall US…
US Manufacturing Showed Signs of Rebounding in February
After reporting some contraction over the last five months, US manufacturing activity in February showed signs of a bounce back in the most recent ISM Manufacturing index. “Brad Holcomb, chair of the ISM Manufacturing Survey Business Committee, said in an…
The Talent Gap Widens
Even with the recent fluctuations in Chinese and European economies, US Manufacturers are still seeing growth throughout most segments, and economists expect that trend to continue. More and more manufacturing executives are concerned about attracting, training, and retaining talent to…
Manufacturers Poised For Solid 2nd Half of Year
The Institute for Supply Management recently reported that its purchasing managers’ index edged up to 53.5 in June from 52.8 in May. The ISM report showed factory orders and employment in June stood at their highest readings since December 2014. …
Thank Goodness for Spring
Thank Goodness for Spring The harsh winter weather definitely slowed US economic growth during the first quarter of 2015. The bad weather contributed to factory slowdowns and lackluster construction activity. Even with the cold and snow US unemployment numbers held…
Manufacturing Sector in the US Continued Expanding in July
US Manufacturing grew again in July for the 14th consecutive month. According to a report issued by the Institute for Supply Management the July PMI registered 57.1%, which is an increase of 1.8% from June’s reading of 55.3%. The new…