Featured Stories

Categories

Manufacturing had a great year!

Graham Immerman
January 03, 2018

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! 

Manufacturing 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

Related posts

Why does everyone hate meetings?
25Apr

Why does everyone hate meetings?

Why does everyone seem to hate meetings so much? They are vital for forward movement and growth in a business. Industry Week said, "Instead of creating a forum for productive conflict to be surfaced a...

Surprise guest at a manufacturing plant!
24Apr

Surprise guest at a manufacturing plant!

There was a surprise guest at a manuafacturing plant in Tennessee! Wate reported, "The Tennessee Wildlife Resource Agency said late Wednesday the bear spotted in the DENSO manufacturing facility late ...

How did US manufacturing perform in March?
23Apr

How did US manufacturing perform in March?

How did US manufacturing perform in March? Reuters reported, "U.S. manufacturing output was unchanged in March after two straight monthly declines, resulting in the first quarterly drop in production ...

Retaining talent in manufacturing
19Apr

Retaining talent in manufacturing

Many manufacturing companies are looking for ways to retain their top talent during this labor shortage. How do they do it? Industry Week said, "Companies should assign rockstars a senior executive as...

Why manufacturing needs more women
15Apr

Why manufacturing needs more women

More women in manufacturing will mean a more successful future for the industry. IndustryWeek said, "Despite making up about half of all workers overall, they account for less than one-third of manufa...

The latest in manufacturing fashion
12Apr

The latest in manufacturing fashion

Did you know that there was an industrial wearable fashion show recently? Industry Week said, "The ensembles we showed off at our inaugural fashion won't turn heads on a Parisian catwalk, but the safe...

Being a good leader through change
04Apr

Being a good leader through change

Leading is hard, and leading your company through an industry shift can be very difficult. Find the right balance with your time between managing day-to-day improvement and working on strategies for t...

Attract new employees from unexpected places
27Mar

Attract new employees from unexpected places

With the current skills gap, many manufacturers are trying to find ways to attract more talent.  The group of people to target might be younger than you think! Reaching middle school and high school s...

How AR is still making waves
25Mar

How AR is still making waves

Augmented reality has been making waves for a few years now, but it will continue to change the manufacturing industry in the future. Industry Week said, "In the next five years, we will be looking at...

Manufacturing summer camp?
20Mar

Manufacturing summer camp?

Summer camp is a favorite memory for many people, but the topic usually reminds us of canoes and campfires. Have you ever heard of a manufacturing summer camp? Industry Week said, "Camps allow student...