The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.
Manufacturing employment rose by 8,000 jobs in December, with gains in durable goods but losses in non-durable goods.
The U.S. manufacturing economy contracted for a second straight month, the Institute for Supply Management said today.
Shyft Group Inc. said it completed its acquisition of XL Fleet.
Regionalization is becoming a powerful strategy to overcome risks to business continuity arising from tariffs, geopolitical tensions, supply chain disruptions and other challenges. But using it purely as a defensive de-risking maneuver misses the overall narrative.
The manufacturing sector's economic contraction continues for the 12th consecutive month, revealing persistent labor shortages and challenges, with some industries experiencing growth while others face contraction.
Software engineering leader Joins Manufacturing Cloud ERP company to lead technology initiatives
Divergent thinking and inclusive cultures drive better business outcomes
SME's mission encompasses enhancing manufacturing competitiveness, workforce development, and national security, showcased in the Annual Report and highlighted in the October Manufacturing Engineering issue, while they also participate in Manufacturing Day with engaging programs.
Economic activity in the services sector continues its upward trajectory, marking the ninth straight month of expansion. Despite a slight dip, the Services PMI reflects sustained growth, with key indices signaling positive trends.
