August’s growth was considerably revised upward, from 0.5% to 1.0%, according to new data from the Census Bureau.
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A tight labor market, unbalanced federal regulations, and critical policy debates continue to confront the sector, according to a new study.
Backlog decreased on a monthly basis for all categories of company size except for those with more than $100M in annual revenue.
The annual sales growth for the 12 months through July 2023 is 6.2% percent, according to a HARDI news release.
Interos surveyed 750 companies with annual revenues above $500M from industries including energy, financial services, oil and gas, healthcare, government and aerospace.
The annual sales growth for the 12 months through June 2023 is 6.3% percent, according to HARDI's monthly report.
An expected slowdown in deals did set in during the quarter’s final month, but June was still busy by recent historical standards.
The South remains the region with the highest backlog, despite being the only region in which backlog declined in June.
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a seventh straight month in May.
Economists polled by Reuters had expected China's manufacturing PMI to increase slightly in May.
The U.S. Census Bureau also said that data for March was revised higher to show that core capital goods declined 0.6% as opposed to the previously reported drop of 1.1%.
Metalforming companies are projecting a dip in economic activity heading into the summer, according to the Precision Metalforming Association (PMA).
S&P Global's PMI composite output index rose in May, led by an increase in service activity, according to a new report.
The Conference Board LEI provides a barometer of major turning points in the U.S. business cycle and where it's heading in the near-term.
April marked China's fastest industrial growth since September 2022.
The increase exceeded investor expectations of a 0.1% gain, according to a survey by The Wall Street Journal.
Cutting tool consumption totaled $225.6M, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
Salaries for U.S.-based supply chain professionals continue to rise, with median income reaching $98,570 in 2023, according to ASCM data.
March orders were up 16.5% over February 2023 orders and just under 2% below March 2022 orders, according to a new report.
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
