Brookings High-value economic growth in the United States is heavily reliant on just seven industries, finds a new report from the Brookings Metropolitan Policy Program. While the advanced industries sector continues to grow overall in spite of slowing demand worldwide, three auto manufacturing and four high-tech digital services industries are now responsible for two-thirds of that growth.
Visit https://www.brookings.edu/research/americas-advanced-industries-new-trends/ to view the full article online.
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Modern Distribution Management June U.S. manufacturing technology orders totaled $323.7 million according to AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 10.5 percent from June 2015, but was up 17.5 percent from May. Year-to-date, total orders were $1,833.9 million, down 15.8 percent compared to the same point in 2015.
Visit http://www.mdm.com/articles/35941-us-manufacturing-technology-orders-down-in-june to view the full article online.
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CNS News The economy added 255,000 jobs between June and July, according to the Labor Department's Bureau of Labor Statistics. 38,000 of those jobs were in government (federal, state and local) and 9,000 were in manufacturing. The 9,000 manufacturing jobs added in July follows an increase of 15,000 in June, which the National Association of Manufacturers called "an encouraging sign."
Visit http://www.cnsnews.com/news/article/susan-jones/jobs-added-july-38000-government-9000-manufacturing to view the full article online.
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Morningstar Manufacturing orders in Germany surprisingly declined on the month in June on a sharp drop in orders from within the Eurozone, data from the country's economy ministry showed Friday. The data point to stagnation in the country's key industrial sector and suggest only moderate economic growth in coming months in Europe's largest economy. Orders fell by 0.4% in adjusted terms versus expectations in a Wall Street Journal survey of 0.5% growth. Foreign orders declined by 1.2% while domestic orders rose by 0.7%. The data showed that orders from the rest of the Eurozone sharply fell by 8.5% on the month, while those from non-Eurozone states rose by 3.8%.
Visit https://www.morningstar.com/news/dow-jones/financials/TDJNDN_201608054160/german-manufacturing-data-point-to-sluggish-economy.html to view the full article online.
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Manufacturing.net In response to competitive pressures, manufacturers constantly strive to reduce the cost of their products. However, these efforts typically have a direct impact on the risk of product failure. To combat this risk, many companies are looking to simulation software to find the ideal balance between reducing part cost and protecting product reliability.
Visit http://www.manufacturing.net/news/2016/08/preventing-product-failure-simulation-software to view the full article online.
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Manufacturing Business Technology Today’s manufacturing industry faces surging consumer demand, a forceful global market and cutthroat pricing competition. With these concerns piling up, it’s difficult to stay focused on the most important factors that keep manufacturing organizations successful, including lean manufacturing, supply chain management and industrial safety. These initiatives are especially challenging without a skilled workforce. In fact, the skills gap in manufacturing has become a significant problem that the industry cannot ignore.
Visit http://www.mbtmag.com/article/2016/08/fixing-manufacturing-skills-gap-all-comes-down-training to view the full article online.
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Plastics Today SussexIM (Sussex, WI) has broken ground on its new, 158,000 square-foot advanced manufacturing facility, which—along with the company’s dedication to scientific injection molding—will benefit customers, industry partners and the local community. Operations at the new facility are expected to begin March of next year and will serve as a close-by adjunct to the company’s Sussex headquarters, fully integrating custom injection molding, blowmolding, assembly, decoration and fulfillment operations.
Visit http://www.plasticstoday.com/packaging/wisconsin-molder-breaks-ground-advanced-manufacturing-facility/77589047325016 to view the full article online.
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Global Manufacturing As the age-old proverb states, "a problem shared is a problem halved." This forms the cornerstone of modern HR practice, not least because problematic experiences make a strong foundation for improving the next generation of HR professionals. Here, leaders at global water, energy and maintenance solutions provider NCH Europe share what their experiences have taught them.
Visit http://www.manufacturingglobal.com/lean/908/Engineering-the-future-HR-advice-from-NCH-Europe to view the full article online.
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Bloomberg Business German industrial production increased in June, signaling that Europe’s largest economy gained momentum ahead of the U.K.’s Brexit vote. Production, adjusted for seasonal swings, rose 0.8 percent from the previous month, when it dropped a revised 0.9 percent, data from the Economy Ministry in Berlin showed on Monday. The reading, which is typically volatile, compared with a median estimate for a 0.7 percent gain in a Bloomberg survey. Output was up 0.5 percent from a year earlier.
Visit http://www.bloomberg.com/news/articles/2016-08-08/german-industry-output-rises-as-factories-shrug-off-brexit-woes to view the full article online.
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