MEXICO CITY—In an aggressive bid to move beyond low-wage factory jobs and toward an entrepreneurial economy, Mexico is producing graduates in engineering and technology at rates that challenge its international rivals, including its No. 1 trade partner, the United States.
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.
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.
WASHINGTON—The Equipment Leasing & Finance Foundation’s monthly confidence index was up 3 points in September, reflecting increased optimism despite concerns over companies’ willingness to expand their businesses in the face of economic and political uncertainty.
BOSTON—According to a new study from Northeastern University, manufacturing is poised for a promising future in the Northeast because of recent investments in cutting-edge technology.
WASHINGTON—U.S. factory orders rose 2.8 percent in July, the biggest overall advance in a year, reflecting sizable gains in demand for motor vehicles and airplanes.
CLEVELAND—Metal forming companies expect a slight uptick in business conditions during the next three months, according to the latest Business Conditions Report from the Precision Metalforming Association.