Start driving decisions with machine data.
Categories:

    Manufacturing had a great year in the United States! In fact, 2017 was its best year since 2004! The factory index average for the year was 57.6, which shows growth. Despite its success, the field is still facing some challenges. "A common refrain from companies surveyed, though, was difficulty finding highly-skilled labor, and some firms are paying higher wages to attract the workforce needed, ISM manufacturing survey committee chairman Timothy Fiore said on a conference call with reporters." Here's to a great 2018, too! 

    Recommended ReadManufacturing in the U.S. Just Accelerated to Its Best Year Since 2004Source: http://www.bloomberg.com

    Key Takeaways The survey-based measure of factory activity -- the year’s second-highest behind September, when storm-related supply delays boosted the index -- brings the 2017 average to 57.6, the best in 13 years. The latest gain extends a string of strong readings that’s been fueled by more domestic business investment, improving global economies and steady spending by American households. Read More

    Comments

    Leave a comment

    Subscribe to our mailing list

    Related posts

    The latest on the manufacturing industry

    The latest on the manufacturing industry

    According to the news, the US manufacturing industry is shrinking. This hasn't happened since 2009? So, why now? Tariffs are one potential reason we are seeing these changes. The trade war between the...

    Manufacturing News
    How effective is your training?

    How effective is your training?

    According to some research, manufacturing employee training is not where it should be across the board.  In fact, Industry Week reported, "In manufacturing and logistics, 37% only receive training a f...

    Manufacturing News
    What experts think you need to know about data security

    What experts think you need to know about data security

    If you are collecting data it is absolutely vital to make sure that data is secure. What can you do to protect your information?  The experts say you should start by identifying the best place to stor...

    Manufacturing News
    How is AI getting smarter?

    How is AI getting smarter?

    How is artificial intelligence getting smarter?  It's learning from a whole lot of people.  The New York Times reported, "A.I. researchers hope they can build systems that can learn from smaller amoun...

    Manufacturing News
    What is the silver tsumami?

    What is the silver tsumami?

    The term silver tsunami refers to the baby boomers retiring from manufacturing jobs that are not being filled.  Millennials don't seem to be incredibly interested in these jobs, but Generation Z could...

    Manufacturing News
    Two main initiatives to gain a competitive edge

    Two main initiatives to gain a competitive edge

    Business, in many ways, is a competition. Manufacturing is no different! To gain some competitive edge focus on two main things - meeting customer expectations and reducing yield loss.  Industry 4.0 a...

    Manufacturing News
    How you can gain come confidence to grow your manufacturing business

    How you can gain come confidence to grow your manufacturing business

    Sometimes you just need a little confidence! The manufacturing industry might be slowing down a little, but to some that means it's a good idea to take a leap of faith.  Advanced Manufacturing said, "...

    Manufacturing News
    Give your employees a valuable voice

    Give your employees a valuable voice

    Opening the channels of communication in your organization can benefit everyone! One supervisor did this and they said, "It’s important to take the time to connect, to show that you care about your em...

    Manufacturing News
    Do you know the difference between OEE and OPE?

    Do you know the difference between OEE and OPE?

    Do you know the difference between OEE and OPE? While OEE is all about machine performance, OPE tells a slightly different story.  Tulip said, "If you’re only measuring OEE, you might not be isolating...

    Manufacturing News
    What are Gen Z's perceptions of manufacturing?

    What are Gen Z's perceptions of manufacturing?

    It's likely that Generation Z has a more positive perception of the manufacturing industry than millennials.  Industry Week said, "One-third (32%) of Generation Z has had manufacturing suggested to th...

    Manufacturing News