Manufacturers Have a Postive Outlook, NAM Reports

In the latest Manufacturers’ Outlook Survey from the National Association of Manufacturers (NAM), manufacturers’ optimism has risen to unprecedented heights, driven by their belief that the progress the White House and Congress have made on enacting bold, comprehensive tax reform shows that leaders in Washington are finally embracing policies to help manufacturers in the United [...]

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Economic Growth To Continue In 2018 According to ISM®

Economic growth in the United States will continue in 2018, according to the nation’s purchasing and supply management executives in the December 2017 Semiannual Economic Forecast. Expectations are for a continuation of the economic recovery that began in mid-2009, as indicated in the monthly ISM® Report On Business®. Overall, the manufacturing sector is optimistic about [...]

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Fourth Quarter Global Chemicals Production Starts With A Solid Gain

Data collected and tabulated by the American Chemistry Council shows that growth in global chemistry during October was buoyed by the U.S. recovery from Hurricane Harvey and a synchronized up-swing in the global economy. The American Chemistry Council’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production, which fell 0.1 percent in [...]

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Manufacturing Sector Expands as Economy Grows

New orders, increased production and employment increases continue to drive activity in the manufacturing industry, despite a slight drop in a key manufacturing index. The ISM manufacturing index fell slightly more than expected by the economists’ consensus in November: from 58.7 to 58.2. A reading above 50 for the index indicates expansion in the service [...]

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Key Trends Transforming Manufacturing in the U.S.

Manufacturing is in the midst of dramatic transformation, and there are several key trends impacting manufacturing organizations.  Business Insider recently published 6 Key Trends Transforming Manufacturing in the U.S. The key trends identified by Business Insider include: More automation, less labor; more outsourcing and leasing; more services; globalized manufacturing; more strategic partnerships, globally; and reshoring [...]

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