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Reuters
The U.S. manufacturing sector expanded more strongly than expected in June, with the rate of growth and key subindexes advancing to their highest levels in more than four years, an industry report showed on Monday. Visit http://www.reuters.com/article/2014/06/23/us-usa-economy-markit-manufacturing-idUSKBN0EY1IB20140623 to view the full article online. |
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Shopfloor
The Federal Reserve Bank downgraded its estimates of growth for 2014, with real GDP growth of 2.1 percent to 2.3 percent. This was down from its March projection of 2.8 percent to 3.0 percent, largely due to weaknesses in the first quarter. Nonetheless, the Federal Reserve still projects a pickup in activity during the second half of the year that will continue into 2015, with an unchanged outlook of 3.0 percent to 3.2 percent growth next year. Visit http://www.shopfloor.org/2014/06/monday-economic-report-june-23-2014/31566 to view the full article online. |
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AGMA
This International Standard explains the materials and procedures necessary to determine, evaluate, and describe localized overheating on ground surfaces. A system to describe and classify the indications produced during this inspection is included. However, specific acceptance or rejection criteria are not contained. Visit http://www.agma.org/newsroom/press-releases/iso-releases-new-standard-on-gears-surface-temper-etch-inspection-after-gri to view the full article online. |
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The New York Times
China’s manufacturing sector rebounded in June, showing signs of growth for the first time this year, according to a purchasing managers’ index released on Monday. Visit http://www.nytimes.com/2014/06/24/business/international/china-manufacturing-hits-7-month-high.html?_r=0 to view the full article online. |
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Nasdaq
Manufacturing activity in Germany expanded at a slower rate than expected in June, dampening optimism over the health of the euro zone's largest economy, preliminary data showed on Monday. Visit http://www.nasdaq.com/article/german-manufacturing-pmi-rises-less-than-forecast-in-june-cm363840 to view the full article online. |
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Forbes
Whether America is on the path to a sustainable industrial expansion or is just seeing a weak bounce back has been widely debated, but the recent numbers are impressive. Since 2010 the U.S. has added 647,000 manufacturing jobs. We ranked 357 metropolitan areas based on manufacturing employment data in order to determine the new industrial boomtowns. Visit http://www.forbes.com/sites/joelkotkin/2014/06/19/americas-new-industrial-boomtowns/ to view the full article online. |
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Cleveland.com
Foreign investment in Greater Cleveland's economy shrank sharply in a generation, from 1991 to 2011, and probably helped the region lose its manufacturing edge. That's one conclusion to be drawn from a first-of-its-kind study of foreign direct investment, or FDI, and its impact on regional economies. Visit http://www.cleveland.com/business/index.ssf/2014/06/brookings_study_finds_clevelan.html to view the full article online. |
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Memphis Business Journal
Pacific Industries is planning to build and operate a new manufacturing facility in Jackson, Tenn., the company’s first facility in the Southeast. When it is completed, the Jackson plant will employ 190 people over the first five years. Visit http://www.bizjournals.com/memphis/news/2014/06/18/japanese-auto-parts-manufacturer-opening-facility.html to view the full article online. |
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Chicago Tribune
The manufacturing skills gap is serious in Chicago, Deputy Mayor Steven Koch said Thursday at a round-table discussion highlighting the importance of manufacturing apprenticeships. More than 14,000 help-wanted signs dot Chicago, posted by companies that can't find the right applicants. Visit http://articles.chicagotribune.com/2014-06-20/business/ct-apprentice-manufacturing-0620-biz-20140620_1_apprenticeship-programs-jane-addams-resource-corp-job-training to view the full article online. |
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IndustryWeek
As manufacturers seek to source quality goods at the lowest cost, supply chains that were once confined to a single country or continent have stretched around the world. Managers have become adept at addressing recurrent risks. However, they have devoted less energy to designing supply chains that prevent or mitigate the impact of disruptive risks such as labor strikes, political unrest, regulatory shifts, and natural disasters. Visit http://www.industryweek.com/inventory-management/three-strategies-safeguard-your-global-supply-chain to view the full article online. |
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Manufacturing Business Technology
The U.S. has among the lowest labor costs in the industrialized world and is awash in cheap energy, making it attractive for businesses to reshore by bringing their operations back to the U.S. Businesses are expected to invest $500 billion in U.S. manufacturing in 2014, and a recent survey indicated that 54 percent of executives are planning to reshore or are seriously considering it. Visit http://www.mbtmag.com/articles/2014/06/reindustrialization-reshoring-jobs-us to view the full article online. |
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The Baltimore Sun
The Manufacturing Training Initiative for Cecil and Harford County was the recipient of an EARN (Employment Advancement Right Now) grant through the Maryland Department of Labor, Licensing and Regulation, according to Bruce England, Executive Director of the Susquehanna Workforce Network. This training initiative was conceived through a manufacturing partnership called the Susquehanna Manufacturing Coalition. Visit http://www.baltimoresun.com/news/maryland/harford/abingdon/ph-ag-bus-swn-training-funding-20140623,0,5204658.story to view the full article online. |
