The Federal Reserve recently announced that manufacturing output was down in March. The decline was unexpected and represented the largest drop in seven months. Specifically, the Fed explained that manufacturing production was down 0.4% in March. Output in February was revised in a southward direction to show a gain of 0.3% rather than the previously announced 0.5% increase. The manufacturing index decline in March was the first loss since last August.
The manufacturing index dropped in December 2018, but Forbes still argues that the industry is stronger than you think. They said, "Manufacturing activity keeps expanding, albeit at a slower pace. And...
While many businesses are having trouble with the skills gap in manufacturing, some are finding that veterans have the right skill set. One business owner said the main relevant skills he finds in vet...
With so many strategies taking over manufacturing, which are the most important? Manufacturing Global reported that Lisa Anderson of of LMA Consulting Group Inc. thinks there are a few key areas to fo...
There are many ways to motivate your employees, but Industry Week says prizes are not the best choice. The skills gap is a concern for many companies right now, so attracting and retaining employees i...
It's right there in the name - big data is big! Unfortunately, sometimes that can mean it becomes very difficult to sort through and find the actionable insights you need. Forbes said, "Fortunately, t...
Technology is not just impacting production floors, it is impacting services in manufacturing as well! Manufacturing Global listed ta few standouts in this area. The first they mentioned is mobile app...
With the current status of the skills market in manufacturing, it's important to retain your great employees! From millennials to those close to retiring age, it's a good idea to make sure your employ...
The numbers are in and manufacturing jobs increased by 27,000 last month in the United States. That's a year-to-date increase of 288,000! Many of the jobs created were in durable goods. We still aren'...
