The ISM’s Non-Manufacturing Index rolled up to 53.9, 3.5 points less than July activity that was reported in early August. All categories that make up the index fell which may be an indicator of summer vacations in August. Hear Anthony Nieves, Committee Chair of the ISM’s Non-Manufacturing Report on Business(R), goes into detail about the report and the categories to give listeners a solid sense of what is happening in this large segment of the U.S. economy.
Here are Some of This Week’s Top Manufacturing Stories
It’s no secret that the manufacturing industry is embracing robotics and its focus on automation shows no signs of slowing. This addition to the industry is being followed by increased attention on STEM education across the country. Yet the industry struggles to find a qualified workforce since most college campuses don’t have the luxury of having a fully equipped robotics lab. Even if a college has a lab, time slots are limited and may not have all the right equipment for the required training to provide the skills manufacturers need. (Read More)
Additive manufacturing continues to break barriers and prove to the industry that it’s moving beyond prototyping and into the realm of end-use parts production. Lloyd’s Register officially announced the first certification of a part produced with additive manufacturing (AM) for the oil and gas industry. This could have a monumental impact on how the oil and gas industry manufactures its components. (Read More)
The U.S. Secretary of Commerce, Wilbur Ross, announced the results of the Anti-dumping Duty investigation of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates. During their investigation, the U.S. Department of Commerce found that exporters from Belarus have been selling carbon and alloy steel wire rod in the United States at 280.02%. (Read More)