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6 new technology projects get ARM Institute funding

Robotics Business Review

Automated T-shirt assembly system Apparel manufacturing is an industry ripe for automation, making it a strategic focus for the ARM Institute. Robotics and automation could be key to re-shoring apparel manufacturing , which could create more U.S. jobs, it added. Henderson Sewing Machine Company Inc.

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Manufacturing PMI® at 46.5%; October 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The share of manufacturing sector GDP registering a composite PMI ® calculation at or below 45 percent (a good barometer of overall manufacturing weakness) was 46 percent in October, a 5-percentage point increase compared to the 41 percent reported in September.

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Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous 10 months, the March composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. .” Fiore continues, “The U.S.

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Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The August composite index reading reflects companies managing outputs appropriately as order softness continues, but the month-over-month increase is a sign of improvement. The Imports Index remained in contraction territory, registering 48 percent, 1.6 percentage points lower than the 49.6 percent reported in July.”

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Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The July composite index reading reflects companies continuing to manage outputs down as order softness continues. The Imports Index remained in contraction territory, registering 49.6 percent, 0.3 percentage point higher than the 49.3 percent reported in June.” ” Fiore continues, “The U.S.

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Manufacturing PMI® at 47.7%; February 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous nine months, the February composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the second half of the year. .” Fiore continues, “The U.S.

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Manufacturing PMI® at 47.4%; January 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous nine months, the January composite index reading reflects companies slowing outputs to better match demand in the first half of 2023 and prepare for growth in the second half of the year. .” Fiore continues, “The U.S.