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New business index drags down US PMI Composite Output in December

AU Manufacturing

The Flash US PMI Composite Output Index reported a 44.6 The downturn marks the joint-sharpest since 2009, excluding the initial months in the wake of the pandemic. . “In The post New business index drags down US PMI Composite Output in December appeared first on Australian Manufacturing.

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MGI engineering launches cargo eVTOL UAV development programme with autonomous technology demonstrator

MEM

Lightweight composite structures with a highly-efficient, fast-paced iterative design processes are key elements of the company’s approach to tackling the challenges that the cargo eVTOL industry presents and it aims to provide these consultancy services throughout the cargo eVTOL industry.

Cargo 52
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IDTechEx Discusses the Long-Term Trends Shaping Additive Manufacturing

i4.0 today

With the 2009 expiration of a key Stratasys patent that covered thermoplastic filament extrusion technology, desktop filament printers were taking off, buoyed by new disrupters like Makerbot. Innovation will make recycled materials, including polymers, metals, and composites, much more suitable for both low- and high-performance applications.

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Economic decline ‘gathers momentum’ as UK output slumps again

E&T

The influential S&P Global/ CIPS flash UK composite purchasing managers index (PMI) showed a reading of 47.2 Chris Williamson, chief business economist at S&P Global Market Intelligence, said that aside from a period during the Covid lockdowns, the index was now at its lowest since March 2009. in October, below September’s 49.1

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Unique event highlights new opportunities for molding in growing electric vehicle market

Plastics News

Matthew Marks (SABIC) — Plastics and Composites Roadmap for the Automotive Industry (including Circular Economy). Weight, engineered efficiency, friction, and drag are four key areas where innovations in composites and molding can create mutually beneficial opportunities for automotive manufacturers and molders alike,” he said.

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Manufacturing PMI® at 46%; June 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

This figure, along with the previous seven, is the Supplier Deliveries Index’s lowest reading in since March 2009 (43.2 The June composite index reading reflects companies continuing to manage outputs down as softness continues and optimism about the second half of 2023 weakens. percent is 2.2 percent recorded in May.

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AIB Ireland Manufacturing PMI: New orders fall at faster rate in December

AU Manufacturing

The headline AIB Ireland Manufacturing PMI® is a composite single-figure indicator of manufacturing performance. Moreover, the rate of decline accelerated further to the strongest since May 2009, when excluding the lockdown in spring 2020. . Any figure greater than 50.0 indicates overall improvement of the sector. .