US manufacturing strengthened in February, attaining its best level in 30 months, the Institute for Supply Management said today.
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Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.
Manufacturing employment ended 2018 on a strong note, recording a gain of 32,000 jobs in December.
Demand for oil and natural gas pipe is forecast to grow 11 percent annually to $15.4 billion in 2022, a strong recovery from severe declines seen during the 2012-2017 period. Growth will be driven
U.S. manufacturers cut 12,000 jobs in December, with job losses spread across industries.
Manufacturing faces “continued risk for disruption” and uncertainty in 2020, consulting firm Deloitte said in a report.
The value of machine tool orders plunged in November as makers pared prices to cut inventory, according to a monthly report.
Manufacturing contracted for a fourth consecutive month in November, essentially staying in place, the Institute for Supply Management said in a monthly report.
U.S. manufacturing lost 2,000 jobs in September, paced by job cuts among makers of vehicles and parts.
For the U.S. auto industry, the party may not yet be over but it’s slowing way down.