The U.S. manufacturing economy continued to cruise in June but was held back by a lack of labor availability, the Institute for Supply Management said today.
New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.
When Rensselaer Polytechnic Institute needed clear plastic to make face shields for the coronavirus pandemic, conventional suppliers were unable to provide it. “We are now one of the largest purchasers of document covers in the country,” Robert Hull, acting VP for research at Rensselaer, said during a webinar that SME and CESMII – the Smart Manufacturing Institute hosted last week.
This is the first in a series of articles that will cover the accelerating improvement in manufacturing technology.
LEO Lane, a Tel Aviv, Israel-based software company, has entered a partnership with HP concerning 3D printing.
FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.
