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December 2019 U.S. cutting tool consumption totaled $187.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

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.

U.S. manufacturing is “stepping up” to produce medical products needed to treat cases of the novel coronavirus (COVID-19), the head of a major trade and lobbying group said today.

Durable goods orders rose in February before the novel coronavirus (COVID-19) began to hit the U.S. economy.

The North American manufacturing Research Institution of SME (NAMRI | SME) held its 47th annual conference on manufacturing research (NAMRC 47) in Erie, Pa., from June 10-14.

Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.

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 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.

Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.

Manufacturing companies are responsible for creating products to deliver to their customers. Of course, a production system needs to be in place to understand how much product needs to be made.