Plastics Today

JULY 31, 2023

Inflation has doubled CapEx financing costs for most businesses, productivity has been in steady decline, and the skilled labor shortage is not going away.

Manufacturing 98

Manufacturing 98

Canadian Manufacturing

MARCH 26, 2024

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades. In a speech, senior deputy governor Carolyn Rogers says an economy with low productivity can only grow so quickly before inflation sets in.

Product Record 52

Product Record Manufacturing 52

Canadian Manufacturing

APRIL 4, 2023

Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they’re also adjusting their finances to account for a slowdown. This comes as the actual inflation rate has been slowing for months, reaching 5.2 per cent last June. Overall, 56.5

Manufacturing 52

Manufacturing 52

Manufacturer's Monthly

APRIL 3, 2023

The latest annual SME Compass Report by fintech SME lender Banjo Loans, found 70 per cent of Australian small businesses believe 2023 will be a year of revenue growth for them. Australian SMEs are facing significant challenges this year with inflation, rising supply costs and increasing interest rates.

Manufacturing 97

Manufacturing Fit Sourcing 97

Plastics News

OCTOBER 5, 2022

Energy prices in Europe are up more than 40 percent, adding to inflation rates of about 10 percent in the region, putting extra pressure on residents and businesses alike.

118

118

Canadian Manufacturing

OCTOBER 6, 2022

Bank of Canada governor Tiff Macklem says more interest rate hikes are necessary to bring inflation down, despite some early signs of a slowing economy. 6, Macklem said high inflation increasingly reflects domestic pressures on prices. After inflation reached an annual rate of 8.1 In August, the annual inflation rate was 7.0

Supply Chain 81

Supply Chain Compliance Manufacturing 81

Fabricating & Metal Work

JANUARY 10, 2023

Today, that includes navigating high inflation rates and fluctuating supply chain costs. The good news is you can assess your insurance needs for the current economic climate and still protect your business in the upcoming year. One consequence of inflation and supply chain issues is an increase in building valuations.

Supply Chain 98

Supply Chain Manufacturing 98

Canadian Manufacturing

JULY 5, 2023

Early signs of wage growth slowing are an indicator the Bank of Canada’s fight against inflation is slowly gaining ground, economists said, but it’s too soon to tell whether Canadians will regain the purchasing power they lost amid sustained price growth. “We are seeing a bit of a slowdown in broader economic activity.

Supply Chain 75

Supply Chain Manufacturing Compliance 75

Manufacturer's Monthly

MARCH 7, 2023

Inflation rose to a 32-year high in 2022, with a consumer inflation rate of 7.8 Now that 2023 is here, the manufacturing industry must brace for the impact of this inflation. Defined as the general rise in prices of goods and services over time, inflation is considered normal at around 2 per cent.

Enterprise Resource Planning (ERP) 56

Enterprise Resource Planning (ERP) Manufacturing Automation Sourcing 56

Canadian Manufacturing

OCTOBER 17, 2022

New surveys from the Bank of Canada show consumers have become more pessimistic about inflation in the short run, while business expectations for inflation have eased. The Bank of Canada’s third-quarter business outlook and consumer expectations surveys on Oct. 17 showed inflation expectations are still high.

Supply Chain 45

Supply Chain Compliance Manufacturing 45

The Guardian Manufacturing

AUGUST 23, 2023

Poor performance in services industry and manufacturing is mirrored in eurozone Business live – latest updates Britain’s policymakers have been put on recession alert after a closely watched measure of economic health showed the UK gripped by a Europe-wide slump in private sector activity. Continue reading.

Manufacturing 60

Manufacturing 60

The Guardian Manufacturing

MARCH 31, 2023

in final three months of last year despite fears over inflation and financial turmoil Business live updates: UK avoids recession Britain’s economy grew more than initially thought in late 2022 as a boost from builders, manufacturing and the telecoms sector helped the country avoid a recession. GDP rose by 0.1%

Manufacturing 56

Manufacturing 56

Robotics Automation News

JANUARY 20, 2023

As inflation, economic headwinds, and labour shortages continue to place mounting pressure on supply chains, businesses around the world are looking for ways to address their immediate needs while […]

Supply Chain 98

Supply Chain Automation Robotics Robotics 98

Fabricating & Metal Work

JANUARY 22, 2024

The same uncertainty has metalworking businesses divided on their forecasts. As inflation cools, high costs remain, raising the price of replacing property. Inflation is easing based on recent measures. That’s because the core costs to your business likely remain much higher than they were two or three years ago.

Supply Chain 52

Supply Chain Manufacturing Form 52

Gary Mintchell

AUGUST 4, 2023

Honeywell engineers have been busy with a variety of sustainability technology applications. Measuring, calculating and accounting emissions are key steps to abate emissions and are incentivized by the recently enacted Inflation Reduction Act in the U.S. Beyond what I’ve written previously here is another initiative.

Sourcing 130

Sourcing Manufacturing 130

E&T

DECEMBER 19, 2022

The survey, which was based on the responses of 220 manufacturing firms, also found that selling price inflation is expected to accelerate slightly in the next three months although below the record high reached earlier this year. per cent.

Manufacturing 98

Manufacturing Lead Time 98

Canadian Manufacturing

APRIL 9, 2024

After hitting a record $165 billion in food and beverage manufacturing sales last year, 2024 is expected to see sales moderate in sync with slowing inflation and tighter household budgets. The report forecasts a decrease in the inflation rate for food purchased at grocery stores, falling below 2.0

Beverage 52

Beverage Manufacturing Supply Chain 52

Canadian Manufacturing

MARCH 10, 2023

Meanwhile, jobs were lost in business, building and other support services. With affordability top-of-mind for many Canadians, the latest jobs report shows the gap between wage growth and inflation is narrowing. per cent in February compared with a year ago while annual inflation rate was 5.9 Average hourly wages were up 5.4

Compliance 85

Compliance Manufacturing 85

Canadian Manufacturing

MAY 5, 2023

The Canadian labour market is showing no signs of the slowdown the Bank of Canada is hoping for, as the economy added more jobs last month and wage growth outpaced inflation. The job gains in April were led by the wholesale and retail trade industry, while the largest losses occurred in business, building and other support services.

Manufacturing 75

Manufacturing 75

Mold Making Technology

MAY 28, 2023

Photo Credit: Thinkstock Photos Whether or not the financial tightening of the Federal Reserve results in a “soft landing” — slowing down the economy to reduce inflation and not cause a recession — remains to be seen. Businesses adjust inventory levels to demand. The economy has shifted into low gear.

Value chain 98

Value chain Supply Chain Bottleneck Benchmarking 98

Manufacturer's Monthly

DECEMBER 12, 2023

“When it comes to key projects, every moment counts,” Shanvantha said, adding that 95 percent of CreditSource assessments are delivered within two business days. Industry Capability Network (ICN) are experienced industry procurement and supply chain specialists who connect Australian and New Zealand businesses to projects large and small.

Supply Chain 90

Supply Chain Manufacturing 90

Canadian Manufacturing

SEPTEMBER 2, 2022

Inflation appears to have peaked but it’s still running hot and a supersized rate hike from the Bank of Canada next week is widely expected. As gas prices fell, the year-over-year inflation rate sat at 7.6 Despite the drop in the inflation rate, Bank of Canada Governor Tiff Macklem said in an Aug. per cent in June.

Compliance 72

Compliance Manufacturing 72

Canadian Manufacturing

OCTOBER 4, 2022

The flurry of increases come as the cost of living soars, with Canada’s annual inflation rate reaching a nearly 40-year high in recent months. “It really needs to be $20 an hour or more when we look at inflation and the cost of food and housing.” and the three territories. . ”

Benchmarking 89

Benchmarking Manufacturing 89

Canadian Manufacturing

AUGUST 31, 2022

31, which showed the economy expanded for a fourth consecutive quarter, driven by increased businesses and household spending. 31’s report said businesses ramped up their investments in inventories, which served as the major contributor to growth. per cent, largely due to inflation. per cent in June.

Compliance 98

Compliance Manufacturing 98

The Guardian Manufacturing

JANUARY 25, 2024

Bootmaker says global sales fell by 18% with cash-strapped consumers refusing to splash out at Christmas Business live – latest updates Dr Martens said revenue dropped by nearly a fifth in the final three months of 2023, as sales in the US continued to plunge and inflation-weary consumers continued to rein in spending.

Manufacturing 66

Manufacturing 66

Canadian Manufacturing

JANUARY 30, 2024

CALGARY — With the federal government resuming sitting this week, the Calgary Chamber of Commerce calls for a necessary focus on business in the session ahead. As the government resumes sitting, the Calgary Chamber encourages engagement with the business community. Withdrawing the emissions cap.

Supply Chain 52

Supply Chain Compliance Manufacturing 52

Canadian Manufacturing

JANUARY 23, 2024

TORONTO — The Canadian economy is expected to display sluggish growth in Q1 2024, after having been more or less stuck in neutral in Q4 2023, according to the latest Main Street Quarterly report by the Canadian Federation of Independent Business (CFIB). Most businesses are still considering increasing prices in 2024. in Q1 2024.

Manufacturing 40

Manufacturing Compliance 40

Canadian Manufacturing

MAY 2, 2023

Almost a third of Canadian small business owners raised prices by more than 10 per cent in 2022 to offset rising costs, a survey found — and the trend is continuing this year. Inflation has been moderating from last year’s highs, but remains elevated, with a reading of 4.3 per cent in March.

Supply Chain 53

Supply Chain Manufacturing 53

Robotics Business Review

MARCH 21, 2024

Businesses are adopting automation to mitigate labor shortages and increase productivity, found HowToRobot. Source: Adobe Stock Businesses are adopting automation not to replace workers but to augment scarce labor, according to data that HowToRobot released yesterday. When costs are rising rapidly, what do you do as a business?”

Robotics 103

Robotics Robotics Automation Sourcing 103

Canadian Manufacturing

SEPTEMBER 7, 2022

7 and signalled this won’t be the last increase as it continues its battle against high inflation. In the rate announcement, the Bank of Canada says global inflation remains high because of global supply chain disruptions, the effects of COVID-19 and the war in Ukraine. Canada’s year-over-year inflation rate was 7.6

Supply Chain 59

Supply Chain Compliance Manufacturing 59

Canadian Manufacturing

FEBRUARY 28, 2023

After two quarters of record inventories, businesses accumulated less inventories in the fourth quarter, weighing significantly on real GDP growth. Real business investment also declined for a third consecutive quarter as higher interest rates weakened housing investment in 2022. per cent growth in real GDP.

Compliance 97

Compliance Manufacturing 97

The Guardian Manufacturing

JULY 2, 2022

The UK is being affected by inflationary pressures and steadily rising wage demands, but both remain modest by comparison with the 1970s.

Manufacturing 98

Manufacturing 98

Canadian Manufacturing

JANUARY 23, 2023

The central bank regularly monitors inflation expectations in the economy to make sure it has control over price growth. With inflation running well above its two per cent target, inflation expectations have been a top concern for the Bank of Canada. Canada’s annual inflation rate was 6.3

Supply Chain 81

Supply Chain Compliance Manufacturing 81

Canadian Manufacturing

OCTOBER 19, 2022

Canada’s latest reading on inflation came in hotter than expected as the cost of groceries continued to climb at the fastest pace in decades, setting the stage for another sizeable interest rate hike next week. In a note, BMO chief economist Douglas Porter said the deceleration in headline inflation was smaller than what was expected.

Supply Chain 80

Supply Chain Compliance Manufacturing 80

Plastics Today

OCTOBER 9, 2022

With the unemployment rate at its lowest since 1969, the Fed wants you to stop hiring to help tame inflation. That could be bad for the future of your business.

75

75

Canadian Manufacturing

MARCH 9, 2023

The leaders of Canada’s major grocery chains insist that food price inflation is not caused by profit-mongering and that their margins on food-related profits have remained low. 8 in front of a parliamentary committee that is studying inflated grocery prices. . The CEOs and presidents of Loblaw Cos. and Empire Co. per cent. .

Apparel 75

Apparel Supply Chain Food Production Compliance 75

The Guardian Manufacturing

MAY 8, 2023

Make UK warns British firms risk losing out, as Joe Biden’s Inflation Reduction Act sucks up investment Britain needs to relaunch an industrial strategy and stop “flip flopping” on initiatives if it is to avoid falling behind on the global stage, manufacturing bosses have warned. Continue reading.

Manufacturing 59

Manufacturing 59