News

Get the news you need to build your future. With insight from industry leaders, learn what’s happening and what’s coming next.

Workforce

Sukup, Toyota Ramp Up Child Care Benefits for Workers

Manufacturing Dive). What’s going on: Sheffield, Iowa–based Sukup Manufacturing Co., a maker of farm equipment that employs some 600 people, saw just such a need a few years ago. So the company “formed a coalition with West Fork School District and United Bank & Trust Co. to raise money for a local child care center.

Read more
News

NAM Welcomes New Board Members

The NAM’s mission of supporting the people who make things in America would not be possible without the organization’s board of directors. Say hello: The NAM is pleased to announce its newest board members—committed and exemplary professionals dedicated to the success of manufacturing in the United States. The newest members will begin their two-year terms…

Read more
News

Stability Emerges as Markets with Strong Local Economies Thrive

In July, the S&P Cotality Case-Shiller U.S. National Home Price NSA Index recorded a 1.7% annual gain, one of the weakest annual price increases in the past decade. The 10-City Composite saw an annual increase of 2.3% in July, down from 2.7% the previous month, while the 20-City Composite rose 1.8% year-over-year, down from 2.2%.

Read more
News

Consumer Confidence Falls to Lowest Level Since April

Consumer confidence decreased 3.6 points in September to 94.2, the lowest level since April. Among its components, the Present Situation Index and Expectations Index both declined, with consumers’ pessimism about future job availability and future business conditions being partially mitigated by stronger expectations about future income. The Present Situation Index, reflecting current business and labor…

Read more
News

Texas Manufacturing Business Conditions Worsen in September

In September, Texas factory activity continued to expand but at a slower pace than the prior month. The production index declined from 15.3 to 5.2, falling below the average of 9.6. Other measures also moved down in September, pointing to slower growth. The new orders index fell 8.4 points into negative territory in September, decreasing…

Read more
News

Production Increases, Tariffs Continue to Weigh on Business Confidence

The S&P Global Manufacturing PMI was 52.0 in September, down slightly from the August reading of 53.0. New orders increased for the ninth consecutive month, although at a slower rate and below the survey average. Tariffs continued to hit exports, particularly to Canada and Mexico, and lead to increased input and output costs in September.

Read more
News

Global Prices Pressures Ease in September

In September, global manufacturing activity was relatively unchanged from August, inching down from 50.9 to 50.8. Output and new orders both rose for the second consecutive month in September. However, these increases failed to stimulate other gains, with staffing levels remaining stable for the second consecutive month and new export business falling for the sixth…

Read more
News

New Order, Export and Employment Indexes Contract, Price Index Decreases

In September, the U.S. manufacturing sector contracted for the seventh consecutive month but at a slower pace than the prior month, with the ISM Manufacturing® PMI increasing to 49.1% from 48.7% in August. One of the four demand indicators improved in September, with the Backlog of Orders Index rising 1.5 percentage points to 46.2%. Meanwhile…

Read more
News

Hiring Numbers Decrease in August

Job openings for manufacturing decreased by 29,000 to 409,000 in Nondurable goods job openings in August declined by 26,000 to 150,000, while durable goods job openings edged down by 3,000 to 259,000. The manufacturing job openings rate fell to 3.1% from 3.3% in July and from 3.5% the previous year. The rate for nondurable goods…

Read more