Last updateThu, 20 Sep 2018 3pm


NAM Acquires Manufacturing Leadership Council

The National Association of Manufacturers (NAM) has acquired the Manufacturing Leadership Council (MLC), which provides best practices, data and insights to manufacturing companies of all sizes on Manufacturing 4.0.

The MLC provides insights from other manufacturing professionals on topics such as artificial intelligence, predictive maintenance, augmented and virtual reality, robotics, additive manufacturing, current workforce digital readiness and cybersecurity. 

U.S. Added 201,000 Jobs in August

Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9%, the U.S. Department of Labor reported today. Job gains occurred in professional and business services, health care, wholesale trade, transportation and warehousing and mining.

Manufacturing employment was down 3,000 in August. Over the year, employment in the industry was up by 254,000, with more than three-fourths of the gain in the durable goods component. 

Mid-America Economic Index Surges for August

The August Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas, jumped to a very healthy level, continuing to point to positive and improving growth for the next three to six months.

Approximately 53.4% of supply managers indicated that recent trade tariffs and restrictions had already begun to have negative impacts on buying from abroad. Despite the negative impacts of tariffs on buying from abroad, only one in five, or 20.9% of supply managers, support reducing tariffs and trade restrictions. 

U.S. Factory Activity at Highest Level in 14 Years

Manufacturing expanded in August as the PMI registered 61.3%, an increase of 3.2% from the July reading of 58.1%. “This indicates strong growth in manufacturing for the 24th consecutive month, led by continued expansion in all subindexes that make up the PMI. The PMI reached its highest level since May 2004, when it registered 61.4%,” says Timothy R. Fiore, CPSM, C.P.M., chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee. 

Alabama Named Top Manufacturing State by Global Trade

Global Trade selected Alabama as the nation’s top state for manufacturing in a new ranking. The magazine cited the growth of Alabama’s auto manufacturing industry and its leadership position in aerospace production, as well as job training provided by AIDT, the state’s primary workforce development agency.

In addition, the publication credited the AdvantageSites program for the state’s success in the manufacturing industry. This program pre-certifies sites for development and is known for rapid permitting, which is coordinated by the Alabama Department of Environmental Management to accelerate projects. 

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