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 >
manufacturing
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 >
RSM US Manufacturing Outlook Index shows 35% probability of recession over next year
The RSM US Manufacturing Outlook Index declined into negative terrain in May, signaling the impact of high inflation, rising interest rates, the lockdowns in China and the war in Ukraine. … READ MORE >
Chart of the day: Manufacturing grew at a slower rate in April
Manufacturing grew at a slower rate in back-to-back months as labor shortages continued to hamper production while demand moderated from January’s high. … READ MORE >
RSM US Manufacturing Outlook Index: Decelerating growth as tensions mount
The RSM US Manufacturing Outlook Index is signaling the potential of further economic moderation from rising prices and slowing demand. … READ MORE >