More in Manufacturing
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Manufacturing Sales Slip As Inventory Rises
The U.S. Census Bureau reports that the combined value of distributive trade sales and manufacturers’ shipments for April, adjusted for seasonal and trading-day differences but not for price changes, was...
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A Deeper Look Into The Quality Of Jobs Added In The U.S.
A recurring argument in the financial media and blogosphere following the monthly U.S. jobs report is that the quality of the jobs being added are not equal to the jobs...
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The New Wave In Robotic Manufacturing
Many companies have been trying to find more efficient methods of completing tasks with robots. Boston-based tech firm Rethink Robotics has been working on one such project named Baxter. The...
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The U.S. Employment Situation, May 2013
The U.S. Bureau of Labor Statistics reports in its employment situation release this morning that +175k jobs were added in May. This is slightly better than what economists expected for the month and better than April’s downward revised +149k....
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Factory Orders Increase 1.0% In April
The U.S. Census Bureau reports in its factory orders release that new orders for all manufacturing industries increased 1.0% in April. This follows a revised reading of a 4.7% decrease...
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Australian GDP Misses Forecasts
Australia released its most recent GDP growth numbers last night and they came in slightly below analysts expectations. While investors were looking for 2.7% growth, the Australian government reported a...
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Boeing Finds Efficiency In Painting Process With Robots
Boeing has newly begun using robots in its Everett wide-body jet assembly plant to wash, apply solvent to remove dirt, rinse, and then spray two different paint types on its aircraft....
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ISM Manufacturing Moves To Contractionary Reading of 49.0 In May
The Institute for Supply Management reports that the headline PMI figure from its ISM manufacturing report on business was a reading of 49.0 in May. This is a decrease from...
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Dallas Fed Manufacturing Improves But Remains In Contraction At -10.5
The Dallas Fed reports that the general business activity index of its Dallas Fed manufacturing survey was a reading of -10.5 in May. This is an improvement from the -15.6...
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Richmond Fed Manufacturing Improves But Remains In Contraction At -2
The Richmond Fed reports that the general business activity index of its Richmond Fed manufacturing survey was a reading of -2 in May. This is an improvement from the -6...
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Revolutionary World’s Tallest Building Gets Chinese Approval
The Burj Khalifa in Dubai will soon lose its title as World’s Tallest Building thanks to recent Chinese approval for the planned “Sky City.” The building is being constructed by Broad...
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KC Fed Manufacturing Index Moves Into Expansion For First Time In 8 Months
The Kansas City Federal Reserve reports that the composite index of its Kansas City Fed manufacturing survey is a reading of +2 in May. This is an improvement from April’s reading of...
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The U.S. Economy May Be Adding Jobs, But They Are Not Equal To The Jobs That Were Lost
Thanks to, among other things, a falling labor force participation rate, U.S. unemployment is now down to 7.5%. It’s important to note though that the job gains of the last...
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Philly Fed Manufacturing Reading Of -5.2 Leaves All Surveys Negative
The Philly Fed reports that the general business activity index of its Philly Fed manufacturing survey was a reading of -5.2 in May. This is a decline from April’s reading...
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Empire State Manufacturing Enters Contraction In May At -1.43
The New York Fed reports that the general business conditions index of its empire state manufacturing survey decreased in May to a reading of -1.43 from +3.05 in April. This is...
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The Deurbanization Of The U.S.
A new paper examines the deurbanization of the U.S. that has followed the urbanization of the last 2 centuries. Several factors including the high city crime and reduced commuting costs have encouraged more...
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The US Manufacturing Regional Shift
A recent presentation from the U.S. Bureau of Economic Analysis includes the below depiction of the regional shift in U.S. manufacturing by GDP. From 1981 to 2011, manufacturing activity moved...
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The US Employment Situation, April 2013
The U.S. Bureau of Labor Statistics reports in its employment situation release this morning that +165k jobs were added in April. This is better than what economists expected for the month and better than March’s extremely upward...
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ISM Manufacturing PMI Slips To 50.7 In April
The Institute for Supply Management reports that the headline PMI figure from its ISM manufacturing index was 50.7 in April. This is down from March’s reading of 51.3, and is indicative of economic expansion...
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Dallas Fed Manufacturing Plummets To -15.6
The Dallas Fed reports that the general business activity index of its Dallas Fed Manufacturing Survey plummeted to a reading of -15.6 in April. This is a heavy swing from...
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Kansas City Fed Manufacturing Remains In Contraction In April At -5
The Kansas City Fed reports that the composite index from its Kansas City Fed Manufacturing Survey read -5 in April, the same as March’s reading. The negative reading indicates economic...
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Richmond Fed Manufacturing Falls Into Contraction At -6 In April
The Richmond Fed reports that the general business activity index of its Richmond Fed manufacturing survey declined to a reading of -6 in April. This compares to a +3 reading...
