For the industrial manufacturing (IM) sector, a series of external challenges ultimately may be catalysts for action that the industry has avoided for many years. Global trade disputes, tariffs and trade barriers, political instability and even the potential onset of a recession are topping a long list of threats that could have palpable repercussions for […]
PMI® at 47.8% New Orders, Production, and Employment Contracting Supplier Deliveries Slowing at a Slower Rate; Backlog Contracting Raw Materials Inventories Contracting; Customers’ Inventories Too Low Prices Decreasing; Exports and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in September, and the overall economy grew for the 125th consecutive month, say the nation’s supply executives in […]
TED Talk: Economist David Autor shares a hopeful automation paradox. Here’s a paradox you don’t hear much about: despite a century of creating machines to do our work for us, the proportion of adults in the US with a job has consistently gone up for the past 125 years. Why hasn’t human labor become redundant […]
