Manufacturing Sector Growths for Ninth Consecutive Month

Manufacturing activity sector expanded in May, and the overall economy grew for the 96th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The monthly poll registered a Purchasing Managers’ Index of 54.9 percent, which was above April’s level and, at more than 50 percent for the ninth [...]

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Chemical Activity Barometer Remains Strong

CAB Hints at Slowing Pace of Economic Growth and Business Activity Into 2018 A leading economic indicator created by the American Chemistry Council (ACC), the Chemical Activity Barometer (CAB), rose 0.4 percent in May, following a downward revision of 0.1 percent for April. Compared to a year earlier, the CAB is up 5.0 percent year-over-year, [...]

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Economic Growth to Continue Throughout 2017 ISM Reports

Economic growth is expected to continue in the U.S. throughout the remainder of 2017, according to the nation’s purchasing and supply executives. The Institute for Supply Management (ISM®) Spring 2017 Semiannual Economic Forecast. Expectations for the remainder of 2017 continue to be positive in both the manufacturing and non-manufacturing sectors. Manufacturing Summary Sixty-four percent of [...]

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Industrial Production Rises in April

U.S. manufacturing facilities companies reported a strong April, as industrial output was at the highest since February 2014. Gains in the automotive, mining and utilities drove total industrial output to the strongest showing in more than three years the Federal Reserve reported. Manufacturing production rose 1.0 percent last month, the biggest gain since February 2014 [...]

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Construction Industry Drafts Digital Future With Drones, Giant 3-D Printers

By Steven Norton and Angus Loten, Wall Street Journal May 11, 2017 12:51 pm ET The construction industry, which has long avoided digital technologies that have transformed other industries, is warming up to a range of new tools, from cloud computing and augmented reality to drones and 3-D printing, industry experts say. “We see how [...]

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