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Last updateTue, 20 Aug 2019 8pm

Climate Bill Faces Hurdles in Senate

The climate-change bill that has been moving slowly through the Senate will face a stark political reality when it emerges for committee debate on Tuesday: With Democrats deeply divided on the issue, unless some Republican lawmakers risk the backlash for signing on to the legislation, there is almost no hope for passage.

 

Source: Washington Post

 

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Survey: China's Manufacturing Sector Expands in October for Eighth Straight Month

China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground, a survey by an industry group said Sunday.

 

The state-sanctioned China Federation of Logistics and Purchasing said its purchasing managers index, or PMI, rose to 55.2, nearly a full point higher than in September on the 100-point scale. Numbers above 50 show manufacturing activity expanding.

 

Source: Associated Press

 

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Lean Manufacturing Helps Companies Survive Recession

A couple of years ago, Sealy, the world's top mattress maker, pieced together beds in a sort of stutter step. Today, it's a ballet.

 

At a plant here recently, two workers place rectangles of foam, fiber and cloth on a springboard with the dexterity of sandwich makers, briskly firing spray guns to glue the layers to each other and staple guns to bolt the cloth to the metal.

 

Source: USA Today

 

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Death of U.S. Manufacturing Exaggerated as Free Trade Deferred

Manufacturing in the U.S. is alive and well. It just needs fewer workers.

 

Increasing factory productivity has kept America the world’s largest industrial economy, accounting for more than one-fifth of global output, almost twice as much as China, according to the United Nations.

 

Source: Bloomberg

 

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Manufacturing in U.S. Probably Grew at Fastest Pace Since 2006

Factories in the U.S. probably grew at a faster pace, while the number of people signing contracts to buy houses showed no improvement, signaling a shift to manufacturing as the driver of the expansion, economists said before reports today.

 

The Institute for Supply Management’s manufacturing index rose to 53 in October, the highest level in three years, according to the median forecast of 62 economists surveyed by Bloomberg News.

 

Source: Bloomberg

 

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