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Consumer Prices Up Slightly In March

April 15, 2014 11:21 am | by Josh Boak, AP Economics Writer | News | Comments

The Labor Department said Tuesday that the consumer price index rose 0.2 percent in March, after scant 0.1 percent increases in the previous two months.                 

USMTO: Manufacturing Technology Orders Down In February

April 14, 2014 5:07 pm | by AMT – The Association For Manufacturing Technology | News | Comments

 This total, as reported by companies participating in the USMTO program, was down 6.6%...

Japan Mulls Reducing Corporate R&D Tax Breaks

April 14, 2014 3:21 pm | News | Comments

The government is considering reducing tax breaks for corporate research and development if the...

Business Increased Stockpiles 0.4 Percent In February

April 14, 2014 11:32 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Commerce Department says stockpiles increased 0.4 percent in February following a similar 0....

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Daily news and top headlines for manufacturing professionals

World Trade Expected To Improve Next Year

April 14, 2014 10:32 am | News | Comments

The World Trade Organization predicts global commerce will grow 5.3 percent next year, an improvement that would bring it back in line with its 1993-2013 historic average.               

Retail Sales Strong In March

April 14, 2014 8:39 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.                  

Producer Prices Rise In March

April 11, 2014 8:50 am | by Josh Boak, AP Economics Writer | News | Comments

The Labor Department says the producer price index, which measures price changes before they reach the consumer, rose 0.5 percent in March.                     

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U.S. Budget Deficit Falls To $37B

April 10, 2014 3:41 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The U.S. government's budget deficit shrank to just $37 billion in March from $107 billion in the same month last year, the latest sign of improvement in the nation's finances.               

Palmetto State Armory To Expand S.C. Plant, Hire 300

April 10, 2014 2:35 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

South Carolina-based gun manufacturer Palmetto State Armory (PSA) has announced plans to expand its facility in Lexington, S.C., with a $4.2 million investment.                            

Applications For Jobless Aid Dip To 300K

April 10, 2014 8:43 am | by Josh Boak, AP Economics Writer | News | Comments

The number of people seeking U.S. unemployment benefits dropped to the lowest level in almost seven years, falling 32,000 last week to a seasonally adjusted 300,000.               

Wholesale Stockpiles Up 0.5 Percent In February

April 9, 2014 2:27 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. wholesale businesses increased their stockpiles for an eighth consecutive month in February as their sales rose at the fastest clip since November, good signs for future economic growth.           

Biden Swears In Head Of Small Business Agency

April 8, 2014 12:18 pm | News | Comments

Contreras-Sweet says entrepreneurs are the difference-makers in the U.S. economy and that SBA plays a pivotal role in helping them overcome hurdles.                   

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Employers Advertise More Jobs In February

April 8, 2014 11:35 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. employers posted more job openings in February, a sign that hiring will likely improve in the months ahead.                         

IMF Says World Economy Is Stronger But Faces Threats

April 8, 2014 9:59 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The global economy is strengthening but faces threats from super-low inflation and outflows of capital from emerging economies, the International Monetary Fund warns.                

U.S. Consumer Borrowing Up In February

April 7, 2014 3:08 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

Consumers increased their borrowing in February on autos and student loans by the largest amount in a year. But for a second straight month, they cut back on their credit card use.              

Southeast Manufacturing Reaches Highest Point Since 2012

April 7, 2014 12:44 pm | by Kennesaw State University | News | Comments

Manufacturing activity in the Southeast increased for March, registering its highest reading since 2012, according to the Southeast’s Purchasing Managers Index (PMI) report released today by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business. The Southeast PMI increased 5.5 points to 61.5, while the National PMI increased 0.5 points to 53.7. 

Employers Add 192K Jobs In March

April 4, 2014 8:41 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers added jobs at a solid pace in March in the latest sign that the economy is rebounding from a weak stretch brought on by a harsh winter.                    

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MBT Manufacturing Newswire: Wireless Electricity, Digital Paper & Airbag Jackets

April 3, 2014 2:30 pm | by Manufacturing Business Technology | Videos | Comments

In this episode of MBT's Manufacturing Newswire, we'll discuss the latest on wireless electricity and Sony’s Digital Paper. We'll also talk about the new auto safety regulation and take a look at airbag jackets.          

Reshoring And Revitalizing The American Supply Chain Network

April 3, 2014 12:09 pm | by Frank Russo, Chief Executive Officer, Fabricating.com | Articles | Comments

Many past decisions to offshore manufacturing were based on price alone. Today, manufacturers are looking at more than just price when considering sourcing decisions and production locations. But that doesn't mean our supply chain is ready to handle all the potential new business.

U.S. Trade Deficit Hits $42.3B

April 3, 2014 8:51 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Commerce Department says the deficit increased to $42.3 billion, 7.7 percent above the January imbalance of $39.3 billion.                      

Applications For Jobless Aid Rise To 326K

April 3, 2014 8:42 am | by Josh Boak, AP Economics Writer | News | Comments

The number of people seeking U.S. unemployment benefits rose 16,000 last week to a seasonally adjusted 326,000. Despite the increase, the number remains close to pre-recession levels and points to stable hiring.        

Survey: More Business Owners Ready To Hire

April 3, 2014 8:26 am | News | Comments

The survey taken in January and February finds that 37 percent of owners are optimistic about their companies' prospects for the next six months, up sharply from 22 percent in a survey last fall.           

Mid-Sized Manufacturers Continue Growth Expectations In 2014

April 2, 2014 2:51 pm | by Prime Advantage | News | Comments

CFOs predict increasing revenues, capital investments and hiring while expressing concern about health care costs, maintaining margins and the competition for skilled labor.                       

ISM: Manufacturing Springs Into Production

April 2, 2014 2:42 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in March for the 10th consecutive month, and the overall economy grew for the 58th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.  

IMF Leader Wants Bold Policies To Aid Recovery

April 2, 2014 12:24 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The head of the International Monetary Fund warned Wednesday that leading nations need to embrace bold policy steps to accelerate a still-modest and fragile global economic recovery.             

Senate Jobless Bill Advances

April 2, 2014 11:54 am | by David Espo, AP Special Correspondent | News | Comments

The bill would renew benefits for the long-term unemployed, generally those who have been off the job for more than 26 weeks. An estimated 2.7 million workers have been affected since the program expired at the end of last year.    

U.S. Factory Orders Rebound In February

April 2, 2014 10:26 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Commerce Department says factory orders rose 1.6 percent in February, the most in five months, following declines of 1 percent in January and 2 percent in December.                  

Survey Shows Companies Added 191K Jobs In March

April 2, 2014 8:44 am | by Paul Wiseman, AP Economics Writer | News | Comments

Payroll processer ADP says private employers added 191,000 jobs in March. ADP also revised February's job creation up to 153,000 from an originally reported 139,000.                   

MAPI: March Manufacturing Numbers Should Allay Fears

April 1, 2014 12:19 pm | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The index of 53.7 in March is slightly better than 53.2 in February, and both are above the 50 percent level that separates growth from decline. Over the last 20 years, the ISM index has equaled or been higher than 53.7 only 39 percent of the time.

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