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6 new technology projects get ARM Institute funding

Robotics Business Review

Source: ARM Institute The Advanced Robotics for Manufacturing, or ARM, Institute today selected six new technology projects for funding. Automated T-shirt assembly system Apparel manufacturing is an industry ripe for automation, making it a strategic focus for the ARM Institute. jobs, it added. Henderson Sewing Machine Company Inc.

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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 47.4%; 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.

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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The May composite index reading reflects companies continuing to manage 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. Seventy-six percent of manufacturing gross domestic product (GDP) is contracting, up from 73 percent in April.

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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 27 percent in January, compared to 48 percent in December, and 54 percent in November. ” [Transportation Equipment] “Business continues to stabilize.

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Manufacturing PMI® at 49%; September 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 6 percent in September, compared to 15 percent in August and 25 percent in July, a clear positive,” says Fiore. However, many forecasts are set for the beginning of 2024.

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Manufacturing PMI® at 46.7%; November 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 54 percent in November, compared to 35 percent in October and 6 percent in September. Unless the New York Stock Exchange is closed.