The latest Institute for Supply Management Purchasing Manager’s Index (ISM PMI) for June 2016 increased 1.9 percent from May 2016, the fourth consecutive increase in the index and the 85th consecutive month of increase in the overall economy. This performance is stronger than our shops are seeing, and so we hope it bodes well for contract…
Most people think of precision manufacturing as small or tiny parts. PMPA member Keystone Threaded Products shows us how they precision roll thread a 10-1/4″ : 4 Thread form on the ends of some 20 foot long, 3-1/2 ton stainless steel bars.
Manufacturing grew in MAY 2016, its third consecutive month of growth, led by New Orders and Production.
While manufacturing growth remains essentially level, certain sectors served by the proecision machining industry grew nicely in the year ending in April 2016.
“People who get the best options, the best money, the best jobs- have a plan. What’s your plan, if the college plan doesn’t come through?”
Matching frequency of occurrence to orders of magnitude in the shops’ processes help the problemsolver make sense of the frequency of occurrence data collected in the shop, leading to finding the root cause.
While we teach our children that online bullying and shaming are not acceptable behaviors, the Department of Labor is adopting these techniques in their latest Electronic recordkeeping rule. Where is the oversight?
Graph shows decline of share of Manufacturing Employment as a percentage of all Non Farm Employment in USA.
Despite a small decline, a mostly optimistic ISM PMI report for April. Forward looking sentiment seemed positive for our precision machining shops
The March 2016 PMPA Business Trends Report shows that our precision machining industry sales have turned positive. Lead Time sentiment shows we have the capacity to further grow sales.