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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.

New Generation 3D Lasers Grow Metro-Detroit Job Shop

Sometimes succession of a family business from one generation to the next doesn’t always go as planned. Take, for example, Laser Specialists Inc. (Fraser, MI). Incorporated in 1986, the company was positioned at the forefront of laser cutting technology.