Biden administration outlines efforts to ease supply chain bottlenecks
Edited by Margo Ellis, Former Editor, Valve Magazine
Ports of Los Angeles and Long Beach moving toward 24/7 operations, which will double the amount of cargo moved out of its docks and onto highways.
Jobs increase by 194,000 in September; unemployment falls to 4.8%
Edited by Margo Ellis, Former Editor, Valve Magazine
Both measures are improved considerably from the end of the February-April 2020 recession.
AMT and GBM launch of MT United
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
The new joint venture between the Association For Manufacturing Technology and Gardner Business Media intends to drive and strengthen the manufacturing community.
Manufacturing Technology Orders report shows 20% increase
Edited by Margo Ellis, Former Editor, Valve Magazine
The year-to-date total reached $3.55 billion, the highest value through the first eight months of any year since 1998.
Survey reports Gen Z views manufacturing more positively due to COVID-19
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
A recent survey by Parsable reports 58% of respondents who had graduated from a four-year college or university said they were interested in a career in manufacturing, which was likely influenced by their access to STEM and related educational programs while in school.
Manufacturing Institute survey reports production bounceback
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
In the most recent NAM Manufacturers’ Outlook Survey, the Manufacturing Institute reports that manufacturing production has bounced back year to date, with output being the strongest since August 2019 in the latest data, exceeding pre-pandemic levels.
Gardner Business Index shows slow expansion in third quarter
By: Michael Guckes, Former Chief Economist & Director of Analytics
The Gardner Business Index (GBI) closed September at 58.0. Employment, production, new orders and backlog activity all registered slowing expansion during September.
Infrastructure bill's hidden permitting gem
Edited by Margo Ellis, Former Editor, Valve Magazine
Amid the swirl of discussion around how much should be spent on infrastructure and whether the bill can pass a divided Congress, legislative policy observers have missed a brief, somewhat technical provision with the punch to materially impact U.S. infrastructure policy in an extraordinarily helpful way, reported The Hill on Sept. 29.
Supply chains impacted by shortage of workers
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
Fixing supply chain woes will be a long process, and many of the problems currently being experienced are due to a lack of labor. Technological advances such as automation and artificial intelligence will help companies find a solution.
#automation
Petrochemical shortages are causing prices to skyrocket
Edited by Chris Pasion, Managing Editor, Modern Machine Shop | Production Machining
Analysts are expecting petrochemical shortages to last well into 2022.