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ISM Forecasts Manufacturing to Expand in 2020

Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.

VeriTX Announces Licensing Agreement

VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.

Manufacturing Cuts 18,000 Jobs in March

Manufacturing lost 18,000 jobs last month, with non-durable goods industries taking the biggest hit as the novel coronavirus (COVID-19) slammed the economy.

Time to Prepare, Not Panic, in 2020

Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.

Manufacturing Job Growth Resumes in September

Manufacturing job expansion resumed in September after pausing in August. The sector added 18,000 jobs last month, with 17,000 of the gain taking place in durable goods, according to a breakdown by industry issued today by the U.S. Bureau of Labor Statistics.