manufacturing growth

ASSEMBLY Capital Spending Report: Capital Spending to Increase

ASSEMBLY Capital Spending Report 2018: Spending Increases due to Economic Growth and Tax-Cuts

Spurred by tax cuts and economic growth, manufacturers will continue to invest in their assembly operations.

December 6, 2018

The past year brought blockbuster headlines for U.S. manufacturing. Taiwanese electronics giant Foxconn unveiled plans to build a $10 billion assembly plant in Wisconsin that would make liquid-crystal display panels and employ as many as 13,000 people.

Manufacturing Output in US Increases by Most in Four Months

July 18, 2018

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WASHINGTON—U.S. factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related disruption at an auto parts supplier, Federal Reserve data showed Tuesday.

State of the Profession 2018: Smart Factories Demand Smarter Engineers

Staying ahead of the curve is more important than ever

Austin Weber

July 9, 2018

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Increasing demand for smart devices and embedded intelligence is driving manufacturers in a variety of industries to invest in new production tools and technologies. Additive manufacturing, advanced sensors, augmented reality, cloud-based computing, collaborative robots and digital twins are just a few of the many trends transforming factory floors today.

U.S. Adds 200,000 Jobs; Wage Growth Best Since Recession

February 2, 2018

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WASHINGTON—The U.S. economy added a better-than-expected 200,000 jobs in January, the Labor Department said. The unemployment rate held steady at 4.1 percent, its lowest level since December 2000.

ASSEMBLY Capital Spending Report 2017: Capital Spending Continues to Increase

With the economy firing on all cylinders, our annual Capital Equipment Spending Survey predicts continued growth in investment.

John Sprovieri

December 1, 2017

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U.S. manufacturing continued to roll in 2017. Want proof? Look no further than Toyota Motor Corp. In September, the world’s largest automaker announced that it will invest $374 million at five U.S. factories.

Special Report: State of the Profession Report 2017

Digital tools and smart technologies spark a new era in manufacturing.

Austin Weber

July 5, 2017

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The era of digital manufacturing, Industry 4.0 and smart factories is here. It promises to improve productivity, drive operating efficiencies and transform the way many types of products are mass-produced. Benefits include optimized efficiency and reduced assembly line errors.

Manufacturing Execs Predict Growth for 2017

May 23, 2017

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TEMPE, AZ—U.S. manufacturing and services executives expect to see increased revenue, hiring and capital spending in 2017, reflecting confidence in the economy, according to a survey released May 22 by the Institute for Supply Management.

Output at US Manufacturers Rises for Sixth Consecutive Month

March 22, 2017

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WASHINGTON—Output at U.S. manufacturers rose in February for a sixth consecutive month, underscoring a sustained rebound in the industry. The 0.5 percent gain at factories, which make up 75 percent of overall industrial output, matched the prior month’s advance, marking the best back-to-back performance in three years, according to the Federal Reserve.

US Manufacturing Growth Expected in 2017

January 2, 2017

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TEMPE, AZ—U.S. manufacturing and services firms expect to see rising revenues and profits next year, amid a stronger economy and only modest increases in costs, according to the Institute of Supply Management. The ISM semiannual economic forecast also showed that companies expect a small increase in employment across both sectors, after a contraction in 2016.

ASSEMBLY Capital Spending Report: Capital Spending to Increase

With automotive and aerospace manufacturing going strong, our annual Capital Equipment Spending Survey predicts continued growth in investment.

John Sprovieri

December 1, 2016

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Overall, 2016 has been a pretty good year for U.S. manufacturing. In every industry covered by ASSEMBLY magazine, manufacturers were investing in people, plants and equipment.