WASHINGTON—Output at U.S. manufacturers rose for a second month in October, a sign the industry is gradually recovering from a prolonged period of weakness, according to the Federal Reserve.
WASHINGTON—The overall market added 255,000 new jobs in July, well ahead of forecasts of about 185,000. The three-month average is now up to 190,000, with the unemployment rate still at 4.9 percent. Manufacturing added 9,000 jobs in the month, and was the beneficiary of an upward revision for June from 14,000 to 15,000.
Manufacturing today is leaner and greener than ever. Many engineers are focusing on lightweight materials and sustainable production initiatives. In addition, additive manufacturing is transforming how a wide variety of products are designed and assembled.
TEMPE, AZ—The U.S. manufacturing sector resumed growth in March, bolstered by strength in new orders. The Institute for Supply Management said its index of national factory activity rose to 51.8 from 49.5 the month before. A reading above 50 indicates expansion in the manufacturing sector and a reading below 50 indicates contraction.
It is too little and too late to keep writing “manufacturing matters.” Everything else in the economy is secondary to manufacturing, mining and farming. Only these activities build wealth.
NEW YORK—U.S. industrial companies rented or purchased 62.9 million square feet of space in the fourth quarter of 2015, up 9.1 percent from the previous quarter and up 0.5 percent from the fourth quarter of a year ago, according to commercial real estate firm Cushman and Wakefield. The vacancy rate of industrial property in the US is now at a 15-year low.
WASHINGTON—Orders to U.S. factories increased in January by the most in seven months, while a key category that tracks business investment plans rose by the largest amount in 19 months.
WASHINGTON—Orders for big-ticket goods surged in January. The Commerce Department said Thursday that new orders of durable goods increased 4.9 percent last month, topping the median estimate of 2.9 percent that economists had been expecting.
WASHINGTON—U.S. manufacturers added 29,000 new jobs in January, after a net gain of just 33,000 in all of 2015, according to the Bureau of Labor Statistics.
