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Daily news and top headlines for manufacturing professionals

Where Have All The Missing Workers Gone?

June 9, 2014 9:39 am | by Tom Raum, Associated Press | News | Comments

While the overall jobless level has dropped to non-recession levels, the number of the working-age people with jobs is barely over 6 in 10, hovering at a level reminiscent of the late 1970s.           

Survey: Growth To Pick Up, Hiring To Remain Steady

June 9, 2014 8:24 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists. Still, growth for the full year will likely come in lower than they previously estimated. 

Unemployment Rate Stays At 6.3 Percent

June 6, 2014 8:40 am | News | Comments

U.S. employers hired at a healthy pace in May for a fourth straight month, fueling hopes the economy will accelerate after a grim start to the year.                   


German Factory Orders Rebound Strongly

June 5, 2014 11:29 am | News | Comments

German factory orders rebounded in April, rising by a stronger-than-expected 3.1 percent compared with the previous month with help from a surge in demand from other countries in the eurozone.            

Why Does This Tax Credit Need A Revival?

June 5, 2014 10:57 am | by Joel Hans, Managing Editor, | Articles | Comments

The New Markets Tax Credit (NMTC) Program, established back in 2000 to spur economic development in blighted communities around the U.S., actually doesn’t exist anymore. But if the story of Mölnlycke Health Care and Brunswick, Maine, means anything, it's that the tax credit is about due to be revived.

Wal-Mart Facing Big Hurdles

June 5, 2014 8:48 am | by Anne D'Innocenzio, AP Retail Writer | News | Comments

Like many other retail chains that cater to working-class Americans, Wal-Mart is a victim of an uneven economic recovery that has benefited well-heeled shoppers more than those in the lower-income rungs.            

Applications For Jobless Aid Up Slightly

June 5, 2014 8:38 am | by Josh Boak, AP Economics Writer | News | Comments

Slightly more Americans sought unemployment benefits last week, but claims for jobless aid continue to hover near seven-year lows.                     

Fed: Economy Showing Improvement Across U.S.

June 4, 2014 2:19 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending.               


U.S. Trade Deficit At 2-Year High

June 4, 2014 10:00 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Commerce Department says the deficit rose to $47.2 billion in April, up 6.9 percent from an upwardly revised March deficit of $44.2 billion.                   

Survey: Companies Added 179,000 Jobs In May

June 4, 2014 9:37 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Payroll processer ADP said Wednesday that private employers added 179,000 jobs last month, down from 215,000 in the previous month.                    

Reviving U.S. Manufacturing

June 4, 2014 9:13 am | by Mike Collins, Author | Blogs | Comments

America has been a very weak competitor in the game of globalization and has not used its power or legal rights to improve American manufacturing.                                 

ISM: Manufacturing Is 'Square' With Predicted Growth

June 3, 2014 2:44 pm | Articles | Comments

“The 55.4 percent is almost square with predictions that are out there,” says Bradley J. Holcomb, CPSM, CPSD, chair of the ISM Business Survey Committee. “So we’re doing what’s expected and what’s expected is a good strong manufacturing sector.”

Automakers See Big Sales Gains In May

June 3, 2014 11:58 am | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | News | Comments

Chrysler, Nissan and Toyota all reported double-digit sales gains over last May. Even General Motors, battling bad publicity from a mishandled recall, surprised with a 13 percent sales increase.          


Factory Orders Up For Third Month

June 3, 2014 10:41 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Orders to U.S. factories rose for a third consecutive month in April, pushed higher by a surge in demand for military hardware. But a key category that signals business investment plans fell.          

Seattle Council Expected To Approve $15 Minimum Wage

June 2, 2014 12:34 pm | News | Comments

The Seattle City Council is expected to approve an ordinance Monday to phase in a $15 hourly minimum wage — the highest in the nation.                    

U.S. Manufacturing Sees Solid Growth In May

June 2, 2014 11:23 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The Institute for Supply Management has twice corrected its May manufacturing index to show that factories grew at a strong pace last month. The original report said that manufacturers had expanded at a weaker pace.       

China Manufacturing Continues To Grow

June 2, 2014 10:28 am | News | Comments

Chinese manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing, a state-sanctioned industry group said Sunday.           

S.C. Announces 300 New Jobs, $38M In Investment

June 2, 2014 9:54 am | by Joel Hans, Managing Editor, | News | Comments

South Carolina Governor Nikki Haley was joined by state and local economic development officials last Thursday evening to announce $38.2 million in new capital investment and 304 new jobs in South Carolina.               

SE Mich. PMI: Economy Experiences Sharp Upswing For May

June 2, 2014 9:35 am | by The Institute for Supply Management - Southeast Michigan & Wayne State University | News | Comments

Nearly 85.7 percent of PMI respondents believe the economic outlook will remain positive, while less than 15 percent believe the economy will become less stable over the next six months.             Rewind: Obama Helps Manufacturing; Beechcraft Insources Jobs

May 30, 2014 12:48 pm | News | Comments

Check out some of this week's top headlines from across, from the 12 regions that were chosen to provide a boost to U.S. manufacturing to Beechcraft's partnership with Wichita State University.            

Consumer Spending Down In April

May 30, 2014 11:31 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. consumers cut back on spending in April for the first time in a year, taking an unexpected pause after a big jump during the previous month. The results, however, are unlikely to derail an expected spring rebound in the economy.      

Michigan A Leader In 'Blue Economy' Jobs

May 29, 2014 11:27 am | by John Flesher, Associated Press | News | Comments

From wastewater treatment to farming and advanced manufacturing, a wide swath of the state's economy is particularly sensitive to any changes in water quality or abundance.              

U.S. Economy Shrinks At 1 Percent Rate In 1Q

May 29, 2014 10:26 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. economy was battered even more than first suspected by the harsh winter, actually shrinking from January through March. But economists are confident the contraction was temporary.            

Applications For Jobless Aid Near 7-Year Low

May 29, 2014 8:56 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The number of Americans seeking unemployment benefits fell last week to nearly the lowest level in seven years, a sign hiring may be picking up.                   

Obama Administration Names U.S. Manufacturing Regions

May 29, 2014 8:02 am | by Darlene Superville, Associated Press | News | Comments

Twelve regions of the country will receive special attention under a new federal program designed to help make them more attractive to manufacturing companies looking for a place to set up operations, provide a boost to the U.S. manufacturing industry and create jobs.

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