At 1.9 standard deviations below normal, our proprietary index implies a manufacturing sector set to lead the overall economy into a slowdown. … READ MORE >
manufacturing
RSM US Manufacturing Outlook Index: Slowdown continues
The downturn in manufacturing in the United States continued in December and January, according to the RSM US Manufacturing Outlook Index. … READ MORE >
Manufacturing labor market tightens further as pace of hiring slows
The United States added 8,000 manufacturing jobs in December, making for a total of 379,000 new manufacturing jobs added in 2022, according to the Bureau of Labor and Statistics. This marks a 3% rise in new manufacturing jobs compared to 2021 but the hiring pace in the last few months is slowing. … READ MORE >
Manufacturing posts first decline in nearly 3 years
Industry and government data on Wednesday continued to paint a mixed picture of the economy as the end of the business cycle is approaching. The manufacturing sector showed its first monthly contraction following 30 straight months of growth, highlighting the impact of restrictive monetary conditions the Federal Reserve continued to impose on the sector to fight inflation. … READ MORE >
Manufacturing sector nears contraction
The ISM’s manufacturing index slowed to 49%, barely above the contraction threshold at 48.7%. It was the third straight decline as demand for manufactured goods stalled. … READ MORE >
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout
Our composite measure of manufacturer surveys conducted by five regional central banks indicates that manufacturing activity remains at 1.6 standard deviations below normal. … READ MORE >
Globalized manufacturing enters a new era
Globalization is not dead, but the makeup of its participants has shifted and the rules of global trade continue to be rewritten as businesses diversify where they source and make their goods. … READ MORE >
October data: Manufacturing jobs show little sign of slowing, but openings still elevated
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 >
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 >