by Nicholas Morgan | Apr 16, 2023 | Economy, Manufacturing
The U.S. manufacturing sector shrank at its fastest rate since the COVID-19 pandemic after new orders dropped and production slowed as more consumers shifted their spending back into services. The Institute for Supply Management (ISM) on Wednesday released its monthly...
by Nicholas Morgan | Apr 1, 2023 | Economy, Featured, Manufacturing
Photo by Daniel Peinado via Pexels.com. Tucked away in a quiet corner of Des Moines County, the Iowa Army Ammunition Plant has seen its share of production highs and lows. Since it began operations in 1941, just as the United States was about to enter World War II,...
by Nicholas Morgan | Mar 11, 2023 | Economy, Featured, Manufacturing
Photo by jannonivergall via Pixabay The U.S. manufacturing sector shrank again in February, but at a slower rate than in previous months, a sign that activity may be starting to stabilize. The Institute for Supply Management (ISM) on Wednesday released its monthly...
by Lucy Papachristou | May 17, 2022 | Economy, Featured, Manufacturing
Pennsylvania governor Tom Wolf meets manufacturing workers in Hatboro, Penn. in 2015. (Photo: Flickr, CC BY 2:0) Stephen Ory’s career in manufacturing stretches back three decades, in shipyards, electricity utility, and nuclear. But when the nuclear power station he...
by Ana Teresa Solá | May 1, 2022 | Featured, Manufacturing
The manufacturing sector made slight progress in the month of March, and evidence points towards a similar outcome for April. Regional indexes from the Chicago and Philadelphia Fed declined last month, also signaling that the ISM number may not spike drastically. ...
by Lucy Papachristou | May 1, 2022 | Manufacturing
The nonprofit Institute for Supply Management will release its monthly manufacturing report on Monday based on a survey of purchasing managers at more than 300 manufacturing firms. Economists predict the manufacturing sector to continue its steady growth, reflecting a...