After three months of softening manufacturing payroll data, hiring continued and experienced an uptick in October, according to Bureau of Labor Statistics data released Friday. … READ MORE >
manufacturing
RSM US Manufacturing Outlook Index: Continued signs of a slowdown
Our composite measure of manufacturing activity shows that the decline has reached more than 1.6 standard deviations below normal. … READ MORE >
Canada positioned to thrive in EV landscape—and other takeaways from EV/VE 2022
When it comes to further embracing electric mobility, Canada has significant competitive advantages and immense market opportunities. … READ MORE >
Positive manufacturing jobs data masks broader issue of tech investment
The shortage can only be filled in the future through incorporating more technology alongside workers and replacing hard-to-fill positions that involve repetitive work. … READ MORE >
Industrial production rose in July, tempering recession fears despite housing starts drop
Even alongside the decline in housing starts, this industrial data shows that recession fears may have been overblown after the economy contracted for two consecutive quarters in the first half of 2022. … READ MORE >
RSM US Manufacturing Outlook Index: Sour topline sentiment despite robust shipments
July’s reading of 0.6 standard deviations below normal manufacturing conditions marks the third month of sub-standard activity. … READ MORE >
Manufacturing sector activity hits lowest level in two years
The manufacturing purchasing managers’ index inched down to 52.8 from 53 the previous month, still indicating growth as readings above 48.7 generally show business expansion. … READ MORE >
RSM US Manufacturing Outlook Index shows a slowing industrial sector
Three of the Federal Reserve’s regional surveys on manufacturing activity are now reporting outright contractions and the other two are falling quickly toward contraction. … READ MORE >
Chart of the day: Industrial production hits a record amid signs of a slowdown
Industrial production in the United States hit a record in May, but signs of a coming economic slowdown emerged in the report released by the Federal Reserve on Friday. … READ MORE >
Manufacturing sector grew steadily in May
The manufacturing sector expanded at the slightly faster rate in May as demand remained strong. … READ MORE >