Good news! According to a new survey of global businesses conducted by American Express and the Centre for Business and Economic Research (CEBR), U.S. companies are the most bullish and optimistic when it comes to business-to-business (B2B) spending than companies in five other industrialized countries.
The impact of COVID-19 on this country didn’t need to be this bad. It shouldn’t have been this bad. But this is what happens when a country turns its back on manufacturing. America traded its independence for short-term corporate profits, and recovery is going to take much more than a few trillion dollars in federal emergency loans. A euthanized industrial base can’t magically be brought back to life.
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.
WASHINGTON—U.S. Secretary of Commerce Penny Pritzker has announced a second set of 12 “manufacturing communities” to receive federal grants under the Obama Administration’s Investing in Manufacturing Communities Partnership initiative. The program is designed to accelerate the resurgence of manufacturing in communities nationwide by supporting the development of long-term economic development strategies.
"Happy Days Are Here Again” was a popular song back in the 1930s. Assemblers in many industries have been singing an updated version of the tune lately, because the new golden age of American manufacturing has begun.
WASHINGTON—The Obama administration has named 12 regions of the U,S. that will receive special attention under a new federal program designed to help make them more attractive to manufacturing companies.
CHARLOTTE, NC—Touting a rebound in manufacturing jobs, President Obama announced a public-private partnership to expand that momentum. He unveiled a manufacturing innovation institute in North Carolina, the first of three similar hubs he proposed in last year’s State of the Union address.
On Demand What goals are you challenging your company with this year? Perhaps you are looking to reduce your scrap rate or improve your part quality? In our next live webinar, Promess Engineers, Stephanie Price and Adam Christensen, discuss ways to tackle these issues to reduce costs on your plant floor.