Remove 03 slow-productivity
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Manufacturing PMI® at 49.3%; December 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

News provided by Institute for Supply Management Jan 03, 2025, 10:00 ET New Orders Growing and Backlogs Contracting; Production Growing and Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Increasing; Exports Unchanged and Imports Contracting TEMPE, Ariz. ,

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Manufacturing PMI® at 50.9%; January 2025 Manufacturing ISM® Report On Business®

Fastener News Desk

The January reading of the Production Index (52.5 Output (measured by the Production and Employment indexes) was positive, as factory output improved compared to December, indicating that panelists’ companies are proceeding with growth plans. “Demand and production improved; and employment expanded. percent) is 2.6

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Manufacturing PMI® at 48.7%; May 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The May reading of the Production Index (50.2 Output (measured by the Production and Employment indexes) advanced compared to April, with a combined 1.4-percentage Panelists’ companies maintained production levels month over month, and head count reductions continued in May. percent, 3.7 percent recorded in April.

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

Fastener News Desk

The Production Index reading of 46.7 A potential bright spot: The Customers’ Inventories Index dropped into ‘too low’ territory, a positive for future production. Output/Consumption (measured by the Production and Employment indexes) was negative, with a combined 7.7-percentage percent recorded in May.

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3D-printed rocket launch successful; second stage, less so

E&T

EDT (03:25 GMT on Thursday) from a launchpad at Florida's Cape Canaveral Space Force Base. It is betting on the cost savings it expects to achieve using giant, robotic 3D-printers to simplify its rocket production lines. Relativity is one of a number of US rocket start-ups competing to meet the growing demand for cheap launch services.

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Figure AI unveils BotQ high-volume humanoid manufacturing facility

Robotics Business Review

The company said BotQs first-generation production line will be capable of manufacturing up to 12,000 robots per year. As more robots work on production lines, the company said it will be able to increase its capacity. Figure AI announced in late 2024 that its robots are moving development and trials to commercial use.