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There are indexes, numbers, opinions, and statistics frequently thrown around about manufacturing: It’s doing well, it’s doing poorly, we’re in a manufacturing renaissance, then we’re in a manufacturing recession. It can be difficult to sort through the numbers and information to really find out how the sector is doing and which segments are growing versus […]
We have some very exciting news to share about US manufacturing–US manufacturing is growing at its fastest pace in over 3.5 years! As ABC News and the Associated Press report, the Institute for Supply Management’s manufacturing index rose to 59 from 57.1 in July–the highest reading since March of 2011. Index measurements of higher than 50 indicate growth, which […]
The good news keeps on coming–stronger-than-expected data on U.S. manufacturing and construction spending in August suggests that the American economy is slowly gaining traction. According to TIME Business & Money, the Institute for Supply Management’s “manufacturing index rose to 55.7 in August from 55.4 in July. That topped the index’s 12-month average of 52.” Here’s a more specific […]