WASHINGTON—U.S. sales of machine tools totaled $667.47 million in September. That’s an increase of 40.7 percent from August 2012 and an increase of 13.4 percent from September 2011, according to the AMT—The Association for Manufacturing Technology.
BOSTON—Approximately 14 percent of U.S. manufacturers with more than $1 billion in sales will reshore some production from overseas, according to a new survey by the Massachusetts Institute of Technology.
HARRISBURG, PA—State-level manufacturing job growth has varied across the 16 presidential administrations since 1948, with significant gains in most states across the seven Democratic terms and significant losses under the nine Republican ones, according to a new analysis of official government data.
WASHINGTON—Some 84 percent of Americans “strongly agree” or “agree” that the United States needs a more strategic approach to developing its manufacturing base, but only about 35 percent believe that federal and state governments are helping create a competitive advantage for the United States versus other countries.
CHICAGO—Some 83 percent of manufacturing executives are “somewhat” or “very” optimistic about prospects for their company over the next 12 months, according to a new survey from McGladrey LLP.
ANDREWS, MS—Saferack Manufacturing is doubling the size of its assembly plant here and adding at least 50 workers. The company makes loading racks, safety cages and other equipment.
WASHINGTON—The U.S. economy grew at an annual rate of 2 percent in the third quarter, slightly better than expected, with help from a healthier housing sector and a pickup in defense spending.
