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Daily news and top headlines for manufacturing professionals

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.                             

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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.             

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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. 

PwC: Industrial Manufacturing M&A Up In Q1

April 29, 2014 10:28 am | by PwC US | News | Comments

In the first quarter of 2014, the total value for merger and acquisition (M&A) activity in the industrial manufacturing sector surpassed both the previous quarter and the same time period in 2013, largely driven by the successful completion of several mega deals, or transactions worth more than $1 billion.

Survey: China's Lending Bubble A Global Threat

April 28, 2014 2:23 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Still, the economists remain optimistic that Beijing's high-stakes drive to reform its economy — the world's second-largest — will bolster Chinese banks, ease the lending bubble and benefit U.S. exporters in the long run.              

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IMF Raises Economic Growth Outlook For China

April 28, 2014 10:27 am | by Joe McDonald, AP Business Writer | News | Comments

The International Monetary Fund raised its economic growth forecast for China on Monday but warned that its financial system faces risks due to the rapid expansion of debt.             

Drones A Possible Growth Market For North Dakota

April 28, 2014 8:16 am | by Henry C. Jackson, Associated Press | News | Comments

According to a report compiled by AUVSI last year, drones have the potential to create more than 100,000 jobs and more than $80 billion in economic growth between now and 2025.              

Consumer Confidence Hits 9-Month High

April 25, 2014 3:12 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. consumer confidence surged in April, approaching the highest level since the recession began in 2007 as Americans reported greater optimism about their financial situation and the economy.           

Study Says U.S. Manufacturers Gaining Competitiveness

April 25, 2014 7:58 am | by Paul Wiseman, AP Economics Writer | News | Comments

U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies.                     

Manufacturers See Better Times For Economy And Jobs

April 24, 2014 2:30 pm | by Jonathan Fahey, AP Business Writer | News | Comments

Big companies are finally starting to spend money, and that could mean a better economy and more jobs are on the way.                              

China Opening 8 State Industries For Investment

April 24, 2014 11:51 am | by Joe McDonald, AP Business Writer | News | Comments

China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more productive.               

Applications For Unemployment Aid Jump

April 24, 2014 9:47 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter.           

Durable Goods Orders Up 2.6 Pct. In March

April 24, 2014 8:47 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A key category that signals business investment plans increased at the fastest pace in four months.       

Is ‘Low-Cost’ Manufacturing Headed To The U.S. Next?

April 23, 2014 9:12 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

A recent survey from Entrada Group titled “Where in the World?” posits a rather interesting conclusion: the U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second, and China — once the mecca of cheaply-produced goods — falling far behind. It’s a far cry from the trends over the last few decades.

Job Market For College Grads Improves

April 22, 2014 2:23 pm | by Paul Wiseman, AP Economics Writer | News | Comments

But finding work — especially a dream job — remains tough for those just graduating. Many are settling for jobs outside their fields of study or for less pay than they'd expected or hoped for.           

We Are In The Post-Industrial Economy

April 21, 2014 1:25 pm | by Mike Collins, Author | Blogs | Comments

The reality is that today’s big corporations are really only focused on three things — cost reduction, profitability, and increasing returns to their investors. They are not moral, patriotic, loyal, or immoral, and we cannot and should not depend on them to devote anything more then lip service to the plight of the middle class or the decline of American manufacturing.

Gauge Of U.S. Economy Up

April 21, 2014 10:47 am | News | Comments

A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow.              

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