MachineMetrics Blog

START DRIVING DECISIONS WITH MACHINE DATA.

Ready to empower your shop floor?

Learn More
Categories:

    Dip in manufacturing growth not a worry

    April saw a dip in manufacturing, but Bloomberg says it's nothing to fret about. They reported, "Even with the April decline, the main index is close to the 57.9 average since January 2017 and is consistent with solid-but-moderating activity." However, backlog amounts are high and businesses don't seem to be keeping up with demand well. Tariffs and energy costs may also be taking a toll. 

    Recommended ReadU.S. Factory Gauge Dips to Nine-Month Low as Prices Pick UpSource: http://www.bloomberg.com

    U.S. manufacturing expanded last month at the slowest pace since July, while prices paid for materials continued to accelerate amid supply constraints and tariff concerns, data from the Institute for Supply Management showed Tuesday. Read More

    START DRIVING DECISIONS WITH MACHINE DATA.

    Ready to empower your shop floor?

    Learn More

    Comments

    Leave a comment

    Subscribe to our mailing list