WASHINGTON—New orders for U.S. factory goods rose more than expected in May, a hopeful sign for U.S. manufacturers who have appeared vulnerable to Europe’s festering debt crisis.
NEW YORK—More than half of U.S. manufacturers saw their sales grow last year, and 75 percent expect to grow in 2012, according to results of new industry barometer.
WASHINGTON—Since early 2010, U.S. manufacturers have created 489,000 jobs and are struggling to fill nearly a quarter million more. Their output last year topped $1.84 trillion, 8 percent higher than the pre-recession peak.
WASHINGTON—U.S. sales of machine tools totaled $496 million in March, an increase of 11 percent from February sales, according to AMT—The Association For Manufacturing Technology. With a year-to-date total of $1.35 billion, 2012 is up 13 percent compared with 2011.
WASHINGTON—A new report from the Brookings Metropolitan Policy Program shows that since the beginning of 2010, manufacturing employment has increased by 5.2 percent in the Midwest, while it has gone up by only 2.2 percent in the South.
CHICAGO—Seventy-two percent of small and midsized manufacturers expect their revenues to increase this year. In addition, 56 percent plan to add employees, and 41 percent plan to increase capital expenditures from 2011 levels, according to a new survey from Prime Advantage.
ROLLING MEADOWS, IL—In an another indication of the improving economy, U.S. metal service centers shipped more than 40.7 million tons of steel in 2011, an increase of 14.2 percent compared with 2010.