Lew Weiss and Tim Grady discuss the manufacturing and non-manufacturing reports which continued in positive territory for May 2017 as the economy produces the third longest expansion since World War II at 96 months (Feb 1961 – Dec 1969 at 106 months and Mar 1991 – Mar 2001 at 120 months were longer). Here what is driving these expansions and employment at the lowest it has been in nearly two decades.
Here Are Some Of This Week’s Top Manufacturing Stories
It is no secret the manufacturing industry continues to rely more and more on new digital technologies. Businesses of all kinds are investing in these disruptive technologies at an incredible pace and it can be incredibly difficult to stay up to date with all of these trends. Thankfully events are being held all around the world to showcase the latest manufacturing technology, creating a forum for industry professionals to share stories and ideas. (Read More)
President Trump is working to make good on his promise to upgrade the country’s infrastructure, with a week long campaign called “Infrastructure Week”. Changes will also be implemented to help privatize the nation’s air traffic control system. A total of $1 trillion will be put back into U.S. roads, waterways and other infrastructure. This move to improve U.S. infrastructure is vital for the wellbeing of manufacturing and countless other industries here in United States of America. (Read More)
Manufacturing has been the foundation of life and industry here on Earth for centuries. Now, innovators from around the world want to take this key aspect of human development beyond our atmosphere and manufacture in space. This is exactly what one Houston-based company plans to do and the project is expected to launch in only a few years. (Read More)
In the wake of President Trump’s decision to pull from the Paris Agreement, an international pact to lower greenhouse gas emissions, New York decided to push a major clean energy initiative. Governor Andrew Cuomo announced last Friday that the state would be investing $1.5 billion into renewable energy projects such as wind, solar arrays, hydro and fuel cell technology. This is all in an effort to reach the goal of generating 50% of electricity from renewables by 2030. (Read More)