Tracking and tracing in the food industry has been made easier with RFID (Radio Frequency Identification) technology. The economy is improving and jobs are being created except not in the places and industries you might expect. According to the just released Leading Indicators of National Employment (LINE) report from the Society...
It's always worth keeping in mind how the news business works, when you follow the news as closely as we do. They have to be able to condense an in-depth story into 250 words, and then condense 250 words into a single headline, and add a photograph which is illustrative...
First, for those of us in the manufacturing industry in Michigan, the good news: Detroit's Big Three posted higher U.S. auto sales for June, with Chrysler Group LLC and General Motors Co. leading with double-digit increases. Ford Motor Co's sales for the month rose 7% from a year earlier. This is indeed encouraging,...
First, the good: March 2012 U.S. manufacturing technology orders were $495.97 million according to AMT - The Association For Manufacturing Technology. March orders were up 11.3% from February 2012 but down 1.4% from $502.89 million in March 2011. With a year-to-date total of $1,356.70 million, 2012 is up 12.9% from the...
From Business Week: Factory bookings for long-lasting goods rose 0.3 percent last month after falling 3.9 percent in March, according to the median forecasts of 61 economists surveyed by Bloomberg News before a May 24 Commerce Department report. Other figures may show purchases of existing and new houses also climbed. Manufacturers may...
From the Wall Street Journal: U.S. manufacturers are more competitive with global rivals than at any time in recent memory. Energy costs and other expenses are falling, manufacturers say. And U.S. workers' pay has become more competitive with foreign wages. It all means investors should spend more time focusing on shares of...
Reuters has the story of a recent Standard & Poor's report on the manufacturing industry: U.S. manufacturers and transportation companies we rate have engaged in a number of mergers and acquisitions (M&A) this year, despite indications of an increasingly fragile economic recovery, according to a report published by Standard & Poor's...
A recent Reuters piece helps emphasize a challenge facing the manufacturing industry, and and the economy as a whole: technological advances in manufacturing (and in the products being manufactured) in the US have increasingly meant that manufacturing labor no longer consists of menial tasks for day laborers. Instead, factory workers...
The Wall Street Journal reports that manufacturing output was up slightly in September, but it goes on to note that: Industries used 77.4% of their capacity in September, up from 77.3% in August. Capacity utilization has barely budged during the recovery, climbing just 1% from the same time a year ago. In...
From NPR's Talk of the Nation: 100 years ago, you know, I think it was about 90 percent of Americans worked in agriculture. Now, it's down to two percent, and yet we produce far much more food than we did 100 years ago. And manufacturing is going through that same type of...
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