AU Manufacturing

APRIL 2, 2023

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. The slowdown is gradual and consistent with a soft landing for the broader economy.” in March, down from February’s 50.5, easing past the 50.0

Manufacturing 75

Manufacturing 75

E&T

DECEMBER 13, 2022

The company's Road to 2030 Report showed the first year-on-year decline in demand for EVs since April 2020, shortly after the start of the coronavirus pandemic. . There are some positive signs with running costs still in EVs’ favour and more affordable models in the pipeline, particularly those from Asia.

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Automotive 111

Robotics Business Review

OCTOBER 4, 2024

CIIF was packed, despite a sales slowdown Even as China is facing its worst economic sentiment in 20 years, CIIF was vibrant and full of energy. Estun was among the many companies showing humanoid robots at CIIF in China. Credit: Georg Stieler Over the past three years, more than half of the world’s robots were sold in China.

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Robotics Robotics Automotive Warehousing 116

AU Manufacturing

MAY 1, 2023

The post Australian Manufacturing PMI in April reaches 35-month low amid weak demand appeared first on Australian Manufacturing. Weak demand in the Australian manufacturing sector has driven the country’s Purchasing Managers Index (PMI) to a 35-month low, according to the latest data from Judo Bank. in April, down from 49.1

Supply Chain 71

Supply Chain Manufacturing Consumer Goods 71

Fastener News Desk

SEPTEMBER 5, 2023

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 report was issued today by Timothy R. Fiore , CPSM, C.P.M., percent, 1.2 percentage points higher than the 46.4 percent recorded in July. percent, 0.5 percent, 1.3

Manufacturing 64

Manufacturing Beverage Composites Apparel 64

Canadian Manufacturing

NOVEMBER 4, 2022

OTTAWA — The labour market showed signs of life in October with a surprise jump in the number of jobs, but economists still expect to see the economy slow more noticeably in the coming months. “What we know from history is that when that happens, you see a slowdown in consumer spending, in housing as well,” Jean said.

Warehousing 40

Warehousing Supply Chain Manufacturing 40

Canadian Manufacturing

APRIL 3, 2024

The first loan was secured by the land and building of South Central and was initially to be amortized over 256 months. The Company has secured its first large wall panel order out of its Atlas Building Systems location in Nanaimo, BC and has already begun manufacturing and shipping for this project. and 9.3%, respectively.

Manufacturing 52

Manufacturing 52

SMMT

OCTOBER 26, 2023

Even against a backdrop of the pandemic, crippling semiconductor shortages and trade tensions, EV trade between Britain and the European Union has more than doubled since the EU-UK Trade and Cooperation Agreement (TCA) was signed – growing by 104% in the preceding three years. That represents a jump from £7.4 billion in 2020 to £15.3

Automotive 98

Automotive Supply Chain Bottleneck Manufacturing 98

Canadian Manufacturing

JANUARY 31, 2023

“You’re starting to see more signs of maybe cracks in the consumer spending backdrop,” said Nathan Janzen, RBC’s assistant chief economist, noting the declines in retail trade and accommodation and food services. per cent in the fourth quarter of last year. In comparison, the economy grew at an annualized rate of 2.9

Warehousing 40

Warehousing Manufacturing 40

Fastener News Desk

JULY 17, 2023

billion in the first half of 2023. billion in the first half of 2023. We feel the slowdown in the economy in the first half of 2023: After two years of record sales and operating result, the economic slowdown is becoming apparent,” summarizes Robert Friedmann, Chairman of the Central Management Board of the Würth Group. “We

3D printing 52

3D printing Supply Chain Fit Electronics 52

Canadian Manufacturing

NOVEMBER 3, 2023

WASHINGTON (AP) – The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labour market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers. The unemployment rate rose from 3.8% in October.

Benchmarking 52

Benchmarking Manufacturing 52

Frost & Sullivan Manufacturing

MAY 25, 2022

Following an economic slowdown in 2019 and a sizeable contraction in 2020, the Indian economy returned to a sustained growth trajectory in 2021, buoyed by pandemic support measures, accommodative monetary policy, resumption of economic activity, and improving consumer sentiment. a barrel in 2022 up from $70.9 of the GDP in 2021 to 3.1%

Artificial Intelligence 52

Artificial Intelligence Consumer Goods Benchmarking Supply Chain 52

Fastener News Desk

FEBRUARY 5, 2024

TEMPE, Ariz. , Feb. The report was issued today by Timothy R. Fiore , CPSM, C.P.M., Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.1 percent in January, up 2 percentage points from the seasonally adjusted 47.1 percent recorded in December. percent, 5.5

Manufacturing 52

Manufacturing Supply Chain Beverage Electronics 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. It’s currently holding its key interest rate steady at 4.5 In a client note sent out on Apr. Overall, 56.5

Manufacturing 52

Manufacturing 52

Fastener News Desk

OCTOBER 8, 2024

The Prices Index went into contraction (or ‘decreasing’) territory for the first time this year, registering 48.3 Fiore , CPSM, C.P.M., Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 47.2 A Manufacturing PMI ® above 42.5 percent, 1.5

Manufacturing 52

Manufacturing Beverage Apparel Electronics 52

Automation Mag

JULY 4, 2022

“There were signs of difficulty in Canada’s manufacturing sector in June. Employment and purchasing activity had weaker uplifts, while exports fell for the first time in four months. Softer inflows of new work, material delays and higher costs were reportedly behind the slowdown.

Manufacturing 40

Manufacturing Sourcing 40

Control Engineering

AUGUST 29, 2023

The mergers & acquisitions and capital markets for the automation market shows no signs of a slowdown as we progress through the back half of the year. a leader in 5G/4G cellular IoT chips and modules, announced that the two companies have signed a memorandum of understanding on a proposed acquisition valued at $249 million.

Automation 52

Automation Artificial Intelligence Electronics Manufacturing 52

Fastener News Desk

JULY 12, 2022

as respondents offered mixed outlooks: some see no signs of slowdown, others predict softening customer demand in coming months. Net, we believe growth and overall market conditions in June remained solid but see potential signs of decelerating growth in the second half of the year. It’s IN THE NEWS the Week of July 11th, 2022.

Lead Time 52

Lead Time Manufacturing 52

Automation Mag

OCTOBER 5, 2022

Canada’s manufacturing sector showed signs of spare capacity, due to the decline in new orders. S&P Global Canada Manufacturing’s seasonally adjusted Purchasing Managers’ Index (PMI) registered at 49.8 in September. Up from 48.7 in August, the data indicates a second monthly deterioration in manufacturing performance. neutral value.

Manufacturing 49

Manufacturing Lead Time Sourcing Supply Chain 49

Fastener News Desk

JULY 18, 2023

Commercial Metals Company Acquires EDSCO Fasteners The Würth Group Continues to Grow Despite Economic Slowdown. billion EURO for the first half of 2023. billion EURO for the first half of 2023. The Würth Group Continues to Grow Despite Economic Slowdown Fastenal Company’s Q2 digital sales topped $1 billion. vs. May 40.6.

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Supply Chain Manufacturing Form Sourcing 52

Canadian Manufacturing

JANUARY 23, 2024

But as the economy continues to slow and forecasters anticipate a steady decline in inflation, economists are eagerly watching for signs from the Bank of Canada that it’s ready to pivot. Manulife’s economic outlook for 2024 suggests the economy will shrink in the first half of the year before growing again. Overall, Jan.

Manufacturing 40

Manufacturing 40

Fastener News Desk

JUNE 9, 2024

manufacturing activity continued in contraction after growing in March, the first expansion for the sector since September 2022. Fiore , CPSM, C.P.M., Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 48.7 percent in May, down 0.5 percent, 3.7

Manufacturing 52

Manufacturing Beverage Electronics Composites 52

Automation Mag

NOVEMBER 1, 2022

This was the second-strongest since the tail-end of the first wave of the COVID-19 pandemic in June 2020. Prices data revealed a fourth successive slowdown in input cost inflation. The latest result pointed to a quicker deterioration in operating conditions.

Manufacturing 40

Manufacturing Supply Chain 40

Fastener News Desk

JUNE 7, 2023

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. The report was issued today by Timothy R. Fiore , CPSM, C.P.M., percent, 0.2 percentage point lower than the 47.1 percent recorded in April. percent, 3.1

Manufacturing 52

Manufacturing Supply Chain Beverage Composites 52

Plastics News

JANUARY 27, 2023

For more insight into resin prices, sign up for our Polymer Point Live streams , exclusive for Plastics News subscribers. Polymer Points is a monthly column by Frank Esposito that looks at the resin industry. Polypropylene prices declined by an average of 4 cents per pound for the month. Residential construction in the U.S.

Sourcing 40

Sourcing Freight Beverage Logistics 40

Fastener News Desk

AUGUST 3, 2022

Aug 01, 2022, 10:00 ET. New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies.

Manufacturing 52

Manufacturing Electronics Beverage Apparel 52

Robotics Business Review

MARCH 30, 2025

Contract engineering firms can help accelerate robot development and deployment, according to SKA Robotics. Source: Adobe Stock Imagine youre tasked with building a robotan autonomous system designed for industrial precision. Youve spent months just trying to find the requisite talent. Sound familiar? You need cash, time, and peoplelots of em.

Robotics 72

Robotics Robotics Sourcing Control Algorithm 72

Frost & Sullivan Manufacturing

JANUARY 14, 2024

There are signs of SUVs continuing to build on their momentum in 2024, before stabilizing at around 52-54% of market share in the coming years. 2023 was a marquee year for the Indian automotive industry. Powered by sports utility vehicles (SUVs), passenger vehicle (PV) sales grew 8.2%, compared to 2022.

Automotive 52

Automotive Form 52

Canadian Manufacturing

NOVEMBER 28, 2023

27 opened the first meeting of his supply chain resilience council by warning companies against price gouging and saying that his administration was working to lower costs for U.S. trillion in coronavirus relief that Democrat Biden signed into law in 2021. .” The slowdown has not so far improved U.S.

Supply Chain 40

Supply Chain Freight Logistics Advanced manufacturing 40

Robotics Business Review

JANUARY 23, 2025

Credit: Georges Mirza Like every NRF in the recent past, on-shelf availability systems were exhibited throughout the retail event’s show floor. Solutions ranged from robots to fixed cameras and handheld devices. Most of these products are now over a decade in the making. Tomorrow is not soon enough. The answer always returns to the basics.

Robotics 110

Robotics Robotics Artificial Intelligence Compliance 110

ATS

MARCH 18, 2025

Cultural and siloed mindsets When KPIs conflict and communication is poor, teams might blame each other for slowdowns or breakdowns rather than work collaboratively on root causes. However, this approach can increase the risk of breakdowns, lower product quality and compromise safety. As a result, the PMP rises, leading to fewer breakdowns.

Function 90

Function Discrete manufacturing Lean manufacturing Manufacturing 90

Robotics Business Review

NOVEMBER 22, 2024

The number of robots ordered and their total value declined in the first nine months of 2024, according to the Association for Advancing Automation, or A3. based organization attributed the slowdown to tight capital budgets, high interest rates, and slowed industrial output, particularly in electric vehicles. billion, a 1.9%

Robotics 65

Robotics Robotics Automotive Automation 65

Canadian Manufacturing

NOVEMBER 28, 2024

25 that he will sign an executive order imposing a 25 per cent tariff on all products coming to the United States from Canada and Mexico. .” 25 that he will sign an executive order imposing a 25 per cent tariff on all products coming to the United States from Canada and Mexico. “First, the American consumer would feel it.

Automotive 40

Automotive Manufacturing Supply Chain Form 40