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Industry Trends & Analysis

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News August 15, 2018
Global manufacturing scorecard: How the U.S. compares with 18 other nations
To move forward, it is important to see how American manufacturing compares with that of other nations. This report develops a global manufacturing scorecard that looks at five dimensions of the manufacturing environment: overall policies and regulations; tax policy; energy, transportation and health costs; workforce quality; and infrastructure and innovation.
News August 1, 2018
Other U.S. industries seek tariff relief from Trump
Jane Hardy, the chief executive of a company that makes lawn care equipment, says she had to lay off 75 employees this summer because of President Donald Trump's trade war. As she fights to keep her southern Indiana business going, Hardy is one of the manufacturers warning the White House that, unless they see relief from the tariffs soon, job losses will mount and factory closures are likely.
Videos July 13, 2018
Hiring when there’s full employment
Finding and hiring skilled, talented workers for your manufacturing business — when you need them — is one of the big factors that determine the success of your company. In the 16th episode of the CNC Chef video series, Bob Warfield from CNCCookbook lays out some tips and advice for hiring during an economic era of full employment.
News June 26, 2018
Where U.S. manufacturing is thriving in 2018
To determine the places where manufacturing growth is strongest, employment in the sector was looked at in 373 metropolitan statistical areas, assessing short-, medium- and long-term trends going back to 2006 and adding in variables for persistence and momentum.
News June 19, 2018
Helping U.S. manufacturers: What works?
Advanced economies always lean toward services as they grow. But there are many other advanced economies out there with more robust factory sectors than the United States, employing much larger shares of their workforces and spinning off much more productive research and development. Let's not give up without a fight, which in this context means the application of smart policy at every level of government.
News May 16, 2018
Year-to-date US cutting tool consumption up 6 percent in March
March U.S. cutting tool consumption totaled $207.08 million, according to the United States Cutting Tool Institute, Cleveland, and The Association for Manufacturing Technology, McLean, Va. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 8.8 percent from February's $190.32 million and up 3.5 percent when compared with the $200.05 million reported for March 2017. With a year-to-date total of $581.02 million, 2018 is up 6 percent when compared with 2017.
News May 9, 2018
PMI drops to 57.3 percent for April
The Institute for Supply Management reported that the April Purchasing Managers' Index registered 57.3 percent, a decrease of 2 percentage points from the March reading of 59.3 percent.
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