Industrial Output Rises

For a sixth consecutive month, output at U.S. manufacturers rose in February indicated a sustained rebound in the industry, the Federal Reserve reported Friday. With the 0.5 percent gain at the nation’s factories, which account for 75 percent of overall industrial output, the prior month’s output was matched. The output was the best back-to-back performance [...]

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Manufacturing Off to a Strong Start

Manufacturing activity in the United States accelerated in January, and the overall economy grew for the 92nd consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The Institute for Supply Management (ISM) reported a Purchasing Managers Index (PMI) of 56 for January, which is the fifth consecutive month [...]

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Manufacturing Index Hits 2 Year High

Leaders of American manufacturing companies expressed optimism in a recent survey conducted by the Institute for Supply Management(ISM). The ISM reported that its PMI manufacturing index climbed to 54.7% in December from 53.2%. Any number above 50% signals expansion. The December Index was the highest in two years. “The manufacturing sector ended 2016 on a [...]

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Chemical Activity Barometer Ends 2016 on a Positive Note; Indicates Business Expansion in Early 2017

According to the latest Chemical Activity Barometer (CAB), the chemical industry ended the year on a strong note, posting a monthly gain of 0.3 percent and a year-over-year gain of 4.4 percent. The latest CAB is a significant improvement over the first half of the year, and a pace not seen since September 2010.  The [...]

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“Different” Manufacturing Job are Returning

The United States shed manufacturing jobs at a steady pace over most of the last quarter century. A combination of trade deals, automation and economic recessions sent the number of manufacturing jobs plummeting, with 6 million jobs being lost by 2011. But since then, about half a million jobs have been regained. According to a [...]

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