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Daily news and top headlines for manufacturing professionals

Manufacturing.net Rewind: NASA Makes A Robot For Mars; Tesla Fights With Auto Dealers

March 21, 2014 2:21 pm | News | Comments

Check out some of this week's top headlines from across Manufacturing.net, from a NASA robot that is six feet tall and has an 80 inch wing span, to Tesla's latest battle.               

Equipment Leasing And Finance Confidence At Two-Year High

March 21, 2014 1:03 pm | by The Equipment Leasing & Finance Foundation | News | Comments

Overall, confidence in the equipment finance market is 65.1, the highest index in two years and an increase from the February index of 63.3.  The first quarter MCI levels are the three highest since April 2011.          

Report: Inexpensive Natural Gas Is Boosting Manufacturing Jobs

March 21, 2014 12:50 pm | by The United States Conference of Mayors | News | Comments

Through 2020, the report projects that energy intensive manufacturing employment will expand by more than 1 percent annually nationwide, with 72 percent of those jobs coming in metro areas.            

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Wis. Assembly Passes Tax Break For Plane Parts

March 21, 2014 11:58 am | News | Comments

Aviation companies in Wisconsin would be exempt from having to pay sales taxes on aircraft maintenance parts and labor under a bill that has passed the state Assembly.               

Nearly All Major U.S. Banks Pass 'Stress Tests'

March 21, 2014 7:59 am | by Alex Veiga and Marcy Gordon, AP Business Writers | News | Comments

Results of the Fed's annual "stress tests" showed Thursday that all but one of 30 top banks passed muster with sufficient capital buffers to keep them lending through an economic crisis.            

Only 11 Percent Of Long-Term Unemployed Find Jobs

March 20, 2014 2:15 pm | by Josh Boak, AP Economics Writer | News | Comments

A new study documents the bleak plight of Americans who have been unemployed for more than six months: Just 11 percent of them, on average, will ever regain steady full-time work.            

Gauge Of U.S. Economy Posts Solid Gain

March 20, 2014 10:45 am | by Martin Crutsinger, AP Economics Writer | News | Comments

A measure of the U.S. economy's health rose in February by the largest amount in three months, suggesting growth should rebound following a severe winter.                 

Applications For U.S. Jobless Aid Rise Slightly

March 20, 2014 9:40 am | by Josh Boak, AP Economics Writer | News | Comments

The number of people seeking U.S. unemployment benefits rose 5,000 last week to a seasonally adjusted 320,000, which is close to pre-recession levels and suggests a stable job market.             

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U.S. Current Account Deficit Falls To 14-Year Low

March 19, 2014 3:55 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The Commerce Department says the imbalance fell to $81.1 billion in the fourth quarter, down from $96.4 billion in the July-September quarter. That's the smallest gap since the third quarter of 1999.           

Manufacturing & The Decline Of The Middle Class

March 19, 2014 3:26 pm | by Mike Collins, Saving American Manufacturing | Articles | Comments

For all practical purposes we are now in the post industrial service economy and the manufacturing crisis has now become a crisis of the middle class.                 

Millenials Want To Ruin Everything

March 18, 2014 2:24 pm | by Anna Wells, Executive Editor, Industrial Distribution | Blogs | Comments

It seems that — if we’re to believe the hype — unless you’re Apple, a skinny-jeans manufacturer, or in the organic foods business, you can kiss your growth goodbye.                   

North Dakota Tries To Woo Workers To Fill Empty Jobs

March 18, 2014 12:44 pm | by James MacPherson, Associated Press | News | Comments

The state's unprecedented oil bonanza has made it the economic darling of the nation — boasting a sturdy economy, a state government budget surplus, and its highest population ever.              

CEOs' Optimism On Economy At 2-Year High

March 18, 2014 12:17 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. chief executives have grown more optimistic about economic growth this year, and more of them plan to boost spending and hiring within the next six months.                

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U.S. Consumer Prices Tick Up 0.1 Percent

March 18, 2014 8:58 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.                   

Baucus Wants 'Level Playing Field' For U.S. Businesses In China

March 18, 2014 8:24 am | by Christopher Bodeen, Associated Press | News | Comments

New U.S. Ambassador to China Max Baucus embraced the increasingly intertwined relationship between the two countries, saying he would push for fair trade while urging Beijing to respect human rights.         

Unemployment Rates Drop In 43 U.S. States In January

March 17, 2014 11:42 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The Labor Department says the unemployment rate rose in just one state — Iowa — where the rate increased to 4.3 percent from 4.2 percent. That's far below the national rate of 6.6 percent that month.            

Ohio Auto Dealers Fight Tesla Over Sales Model

March 17, 2014 11:38 am | by Julie Carr Smyth, AP Statehouse Correspondent | News | Comments

Ohio is among states proposing to block future Tesla direct-sales stores on grounds they undercut traditional auto dealerships.                                      

U.S. Factory Output Rose In Feb. By Most In 6 Months

March 17, 2014 9:44 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. factory output rebounded strongly in February after harsh winter storms caused a steep drop-off in production in January. Manufacturers produced more autos, home electronics and chemicals.                 

Manufacturing.net Rewind: A Missing Jet; Dems' Marathon Climate Talk

March 14, 2014 12:03 am | News | Comments

Check out some of this week's top headlines from across Manufacturing.net, from a tech firm losing 20 workers when a jet vanishes, to Tesla's battle with New Jersey.                 

Budget Deficit Hits $193.5B In February

March 13, 2014 3:13 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. government is running a deficit that is 23.6 percent lower than in the same period a year ago through the first five months of this budget year.                  

IMF: Income Disparities Can Hurt Economies

March 13, 2014 1:29 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The International Monetary Fund is warning that wide income inequality can slow economic growth and is proposing ways to reduce it.                     

Business Inventories Rise, But Sales Plunge

March 13, 2014 10:37 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. businesses continued to restock their shelves and warehouses in January, but sales plunged during the snowstorm-plagued month.                      

U.S. Retail Sales Rebound In February

March 13, 2014 9:37 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture.                 

Applications For Jobless Aid Fall To 3-Month Low

March 13, 2014 8:39 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Weekly applications for U.S. unemployment benefits dropped 9,000 last week to a seasonally adjusted 315,000, a sign the job market is picking up after a winter slump.               

Low-Wage Workers Can't Find Middle-Pay Jobs

March 12, 2014 12:59 pm | by Josh Boak, AP Economics Writer | News | Comments

The lower-wage jobs once seen as stepping stones are increasingly being held for longer periods by older, better-educated, more experienced workers.                    

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