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Daily news and top headlines for manufacturing professionals

Job Openings Slip In March After Strong Gain

May 9, 2014 11:08 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers advertised slightly fewer jobs and slowed hiring a bit in March, though the declines came after healthy gains the previous month. The figures suggest the job market is improving in fits and starts.        

MAPI: Public Policy Uncertainty Plays Role In Restraining Business Investment And Economic Growth

May 9, 2014 9:54 am | News | Comments

The report highlights the severe decline in inflation-adjusted business investment and the recovery’s slow pace in the 2008-2009 recession cycle and uses private nonresidential investment—equipment, structures, and intellectual property—as an example.

Applications For Unemployment Aid Fall To 319K

May 8, 2014 8:41 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The number of Americans seeking unemployment benefits fell 26,000 last week to 319,000, the latest sign that the job market is slowly improving.                               

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Applicants, Bosses Get Blamed As Jobs Go Unfilled

May 7, 2014 11:24 am | by Joyce M. Rosenberg, AP Business Writer | News | Comments

It's a situation that's leading small business owners wading through piles of resumes to an unhappy conclusion: The job applicant pool is full of unskilled, unreliable slackers.                    

U.S. Productivity Falls In 1Q

May 7, 2014 10:18 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. productivity fell in the first quarter while labor costs rose, reflecting the economic slowdown caused at the start of the year by harsh winter weather.                            

Obama's Advisers Set To Spill Details On Great Recession

May 7, 2014 8:03 am | by Julie Pace, AP White House Correspondent | News | Comments

The back-to-back memoirs from former Secretary of State Hillary Clinton and ex-Treasury Secretary Timothy Geithner will be the latest installments in what has become an often awkward Washington ritual: one-time confidants signing big book contracts to examine a presidency that is still ongoing.

Slowing Chinese Economy Likely To Pinch U.S.

May 7, 2014 7:53 am | by Paul Wiseman and Joe McDonald, AP Business Writers | News | Comments

In an interconnected global economy, bad news for one economic superpower is typically bad news for another — even a fierce rival.                                   

House GOP Budget Spares Weapons, Military Benefits

May 6, 2014 3:18 pm | by Donna Cassata, Associated Press | News | Comments

House Republicans spare aircraft, bases and personnel benefits from defense budget cuts by chipping away at money the Pentagon spends in preparing the military for war.              

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White House Urges U.S. CEOs To Avoid Russian Forum

May 6, 2014 1:02 pm | by Jim Kuhnhenn, Associated Press | News | Comments

Top executives at major United States companies are reconsidering or withdrawing their participation in a Russian international economic forum after being pressed by the Obama administration to drop out amid the growing crisis in Ukraine.       

Chinese Manufacturing Shrinks For 4th Month

May 5, 2014 8:17 am | by Kelvin Chan, AP Business Writer | News | Comments

China's manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world's No. 2 economy is bottoming out.             

ISM: Solid Numbers All Around

May 2, 2014 2:17 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in April for the 11th consecutive month, and the overall economy grew for the 59th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. 

Manufacturing.net Rewind: Tesla's Gigafactories; U.S. Loses Billions

May 2, 2014 12:38 pm | News | Comments

Check out some of this week's top headlines from across Manufacturing.net, from Tesla to break ground at two 'gigafactory' sites to the U.S. losing $11.2 billion on the General Motors bailout.           

Puerto Rico Tries To Retain Young Workers

May 2, 2014 12:12 pm | News | Comments

Puerto Rico's governor has filed legislation aimed at retaining young workers and reversing an exodus of people moving to the U.S. mainland amid economic problems.                

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SPI: Chicago's Plastic Bag Ban Could Kill Manufacturing Jobs

May 2, 2014 12:06 pm | News | Comments

"[The ban] will result in forcing consumers to use products such as reusable bags, which are mostly imported from China, made from foreign oil and are not recyclable," said SPI President and CEO William R. Carteaux.          

Factory Orders Increase In March

May 2, 2014 10:35 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Orders to U.S. factories advanced strongly for a second month in March while demand in a key category that signals business investment plans increased by the largest amount in more than a year.           

MAPI: U.S. Manufacturing Growth Muted But Stable

May 2, 2014 9:38 am | by The Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

Inventory and weather-related volatility clearly played a part in the January swoon but the late 2013 data clearly overstated the underlying growth performance of a factory sector that, remarkably, has yet to regain all of the output lost in the Great Recession.

Unemployment Rate Lowest Since Sept. 2008

May 2, 2014 8:47 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The U.S. unemployment rate plunged in April to its lowest level since September 2008 as employers added 288,000 jobs, the most in two years.                             

U.S. Manufacturing Expanded In April

May 1, 2014 10:51 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. manufacturing grew faster in April than in March as exports picked up and factories accelerated hiring.                        

Chinese Manufacturing Growth Weak In April

May 1, 2014 9:54 am | News | Comments

Chinese manufacturing grew weakly in April, suggesting a slowdown in the world's second-largest economy is stabilizing, an industry group said Thursday.                             

Consumer Spending Surges In March

May 1, 2014 9:29 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. consumers ramped up spending in March at the fastest pace in 4½ years, a sign the economy is gaining momentum after its winter slowdown.                   

Applications For Unemployment Reach 2-Month High

May 1, 2014 8:44 am | by Paul Wiseman, AP Economics Writer | News | Comments

The number of Americans applying for unemployment benefits rose last week to the highest level since February, more disappointing news for an economy that is supposed to be gaining momentum.           

Consumer Confidence Dips In April

April 30, 2014 2:23 pm | by Josh Boak, AP Economics Writer | News | Comments

U.S. consumer confidence fell in April over concerns about hiring and business conditions, even though many people foresee a strengthening economy in the months ahead.             

ADP: U.S. Businesses Add 220K Jobs In April

April 30, 2014 10:01 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. businesses boosted hiring in April, according to a private survey, a sign the economy may improve after a sluggish start this year.                   

U.S. Economy Slows In 1Q

April 30, 2014 8:42 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Commerce Department says growth slowed to a barely discernible 0.1 percent annual rate in the January-March quarter, the weakest since the end of 2012.                 

China Rejects Report It May Soon Be No. 1 Economy

April 30, 2014 8:19 am | by Joe McDonald, AP Business Writer | News | Comments

China is on track to become the No. 1 economy by sheer size by the early 2020s and possibly sooner. But its leaders downplay such comparisons, possibly to avert pressure to take on financial obligations or make concessions on trade or climate change. 

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