The manufacturing economy continued its recovery in October. Economic activity in the manufacturing sector grew in October, up 3.9 percentage points, sixth consecutive month of improvement. Fabricated Metals Industries reported strong growth.
The August ISM PMI report indicates the 4th consecutive month of manufacturing expansion and economic recovery!
“The July PMI® registered 54.2 percent, up 1.6 percentage points from the June reading of 52.6 percent. This figure indicates expansion in the overall economy for the third month in a row after a contraction in April, which ended a period of 131 consecutive months of growth. “- Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute…
PMPA Business Trends Sales Index for June 2020 recovers to 112, up 33% over April 2020 Calendar year low!
Manufacturing output rose 3.8 percent in May,..The index for durable manufacturing increased 5.8 percent in May; the most sizable gain among its components was for motor vehicles and parts,
The MAY ISM PMI indicates that the overall economy grew very slightly following contraction in April; Manufacturing sector contracted for third consecutive month. We remain guardedly optimistic that the economy itself is healthy, but these external shocks have it temporarily ailing.
Our nation has an urgent need for Ventilators, and General Motors, one of the companies charged with retooling to make ventilators, asked a PMPA member if they could make all of the parts needed. Our member brought the prints for the ventilator parts to PMPA to leverage the capabilities of our entire association. The PMPA…
The one thing that you can do right now is to do a ten or fifteen minute stand-down and 3-S (Clean, sort, and organize) your premises. Have your team sanitize every surface that anyone touches.
Throughout history, American manufacturers have answered the call to find solutions, support progress and step up in times of crisis. Our U.S. manufacturers and workers are ready to minimize operational disruptions and help produce a quality, reliable products ready to ship to any location. We’re here to help.
We think that using a stylus instead of your fingers on touchscreens and keypads is the one thing that you can do that will positively reduce your chance of community acquired infection.