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Economic Indicators clear

Manufacturing Contraction Deepens

The manufacturing sector's economic contraction continues for the 12th consecutive month, revealing persistent labor shortages and challenges, with some industries experiencing growth while others face contraction.

UAW, Ford Reach Tentative Agreement

As UAW reaches a “historic” tentative agreement with Ford, 16,000 UAW members return to work at Ford facilities while the strike grows at Stellantis and GM.

Manufacturing Contraction Continues

Manufacturing sector experiences eighth consecutive month of contraction, raising concerns for industry professionals amid declining production and weak demand, according to the latest Manufacturing ISM® Report On Business®.

Machine Tool Orders Slide in January

Orders for machine tools slid in January on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.