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US manufacturing still on the rise

Graham Immerman
July 12, 2018

Tariffs have dampened the hopes of many that manufacturing activity will continue to rise, but in spite of those tariffs activity is growing. Manufacturing Global said, "The industry, which accounts for 12% of the nation’s economy, had a successful month despite recent tariffs on steel and aluminium disrupting supply chains and causing delays in factory delivery." If we want this growth to continue, however, we need to address the skills gap. 

US manufacturing activity continues to grow despite new tariffsSource: http://www.manufacturingglobal.com

According to the Institute of Supply Management (ISM), US manufacturing continued to grow in June. The ISM index noted growth in factory activity with a reading of 60.2 points, up from the recorded 58.7 points in May, reported Reuters. Both months saw the index read points above the 50 mark that separates expansion from contraction. The industry, which accounts for 12% of the nation’s economy, had a successful month despite recent tariffs on steel and aluminium disrupting supply chains and causing delays in factory delivery. Read More

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