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Economic Data and Growth

Manufacturing Job Openings Rise Sharply, Led by Durable Goods Demand

Job openings for manufacturing increased by 79,000 to 580,000 in July. At the same time, the June job openings level of 501,000 was revised upward from 481,000 in the previous report. Durable goods openings in July jumped 76,000 to 429,000, while nondurable goods openings ticked up 2,000 to 151,000. The manufacturing job openings rate rose…

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Economic Data and Growth

Payrolls Beat Expectations, with Manufacturing Adding 16,000 Jobs

Nonfarm payroll employment increased by 162,000 in August, coming in above expectations. Meanwhile, June’s job gain was revised upward by 11,000 to 31,000 jobs, while July’s job loss was revised upward by 44,000 to a gain of 21,000 jobs. The 12-month average stands at 50,250 job gains per month. Leisure and hospitality exhibited the largest…

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Input Stories

ConocoPhillips Alaska Project Achieves First Oil Early

Oil & Gas Journal). What’s going on: The approximately $800 million development, which reached the milestone on Aug. 7, is located on state land. It is expected to reach gross peak oil production of about 12,000 barrels per day. While the development uses existing infrastructure, it also “includes a pad expansion, installation of more than…

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Input Stories

Meet the Organization Shaping Manufacturing R&D

informative podcast on everything from sustainable chemicals development to patent law in the age of AI. So how should you get involved? Discuss: Send your innovation leaders to the IRI’s

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Input Stories

Winton Machine CEO on Starting Out, Entrepreneurship and the NAM

compete in Washington before a panel of judges for $1 million in prize funding, said SBA Southeast Regional Administrator Tyler Teresa, a guest on the “Business Trends Today” episode with Winton. Supporting small business: Some “98% of all manufacturers are small businesses,” Teresa said. He added that the SBA has taken several recent steps to…

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