July orders for autos and auto parts experienced their largest increase in eight years at 11.5%, according to Commerce Department data.
Precision Machining Shops we talk with are full and the average first shift scheduled for our industry is over 44 hours.
The Steel Industry shows rising shipments and imports in 2011, while room remains for improvement in infrastructure and commercial and residential construction markets.
Given the ubiquity of the applications for precision machined components in manufactured goods of all types, the PMPA’s latest Business Trends Sales Index provides compelling evidence of the recovery of manufacturing.
Manufacturing activity has expanded for 15 consecutive months but the rate of growth has been slowing since April. This latest strong showing provides hope for continued growth for the balance through the end of the year.
The PMPA Business Trends Report showed shipments of precision machined products in August were surprisingly strong, tied with June for high of the year.
The PMPA Business Trends Index of Sales for March 2010 reached the 100 mark.
That 100 value means that our sales level in March 2010 is essentially the same as our average sales for the year 2000, which is the base year (2000=100) for our index calculation.
Here’s the latest bullet points from AMT, The Association for Manufacturing Technology: February U.S. manufacturing technology consumption totaled $163.96 million, This is up 28.8% from January This up 22.1% from the total of $134.34 million reported for February 2009. Year-to-date total of $291.27 million, 2010 is up 22.3% compared with 2009. How about some hollandaise for…
The latest ISM survey of Manufacturing shows seven consecutive months of manufacturing recovery.
December ISM Report shows manufacturing improvement, though fabricated metals sector is not yet out of the woods.
ISM’s report of manufacturing’s expansion for the fourth , and economic expansion for seventh month in a row, combined with PMPA’s Business Trends Index improvement for 5 consecutive months, confirm that we are in a recovery phase, rather than the free fall we just survived.
What should we be doing differently as we recover, compared to what we needed to do while we were free falling?