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Daily industrial news and top headlines for plant and maintenance managers

IMF Raises Economic Growth Outlook For China

April 28, 2014 1:20 pm | by Joe McDonald, AP Business Writer | News | Comments

The International Monetary Fund raised its economic growth forecast for China on Monday but warned that its financial system faces risks due to the rapid expansion of debt.                       

Consumer Confidence Hits 9-Month High

April 28, 2014 9:52 am | by The Associated Press | News | Comments

U.S. consumer confidence surged in April, approaching the highest level since the recession began in 2007 as Americans reported greater optimism about their financial situation and the economy.                 

Positive Signs Point To A Good Year In Manufacturing

April 24, 2014 2:12 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Blogs | Comments

Positive numbers continue to indicate that manufacturing is shaking off its winter blues and that this could be a good year.                                    

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GM Profit Sinks But CEO Sees No Recall Hit To Sales

April 24, 2014 2:06 pm | by The Associated Press | News | Comments

The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales.                    

GM 1Q Profit Hit By Recalls

April 24, 2014 9:37 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers | News | Comments

General Motors says first-quarter profit fell 86 percent as a series of recalls dragged down its earnings.                                           

Is ‘Low-Cost’ Manufacturing Headed To The U.S. Next?

April 23, 2014 9:48 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

A recent survey from Entrada Group posits a rather interesting conclusion: the U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second, and China falling far behind.           

Toyota Sells 2.58M Vehicles, Keeps Top Spot

April 23, 2014 9:28 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.                               

Gauge Of U.S. Economy Up

April 21, 2014 2:38 pm | by The Associated Press | News | Comments

Both hiring and consumer outlooks have improved, which along with interest rates fueled much of the index's improvement.                                     

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Brewers Campaign to Bring Belgians Back to Beer

April 18, 2014 2:20 pm | by Raf Casert, Associated Press | News | Comments

Beer consumption in Belgium has dropped 27 percent since 1992, and brewers are trying to reverse this trend.                                         

Unemployment Rates Fall In 21 States

April 18, 2014 2:08 pm | by Josh Boak, AP Economics Writer | News | Comments

The Labor Department said Friday that unemployment rates dropped in 21 states, rose in 17 and were unchanged in the remaining 12.                                   

Chobani Is Moving Beyond Yogurt

April 18, 2014 1:50 pm | by The Associated Press | News | Comments

Chobani plans to expand beyond its Greek yogurt cups this summer as it faces intensifying competition in the fast growing category.                                  

U.S. Manufacturing Optimism Rises To Highest Level In 8 Years

April 17, 2014 5:02 pm | by PricewaterhouseCoopers LLP | News | Comments

The positive sentiment about the prospects of U.S. commerce in the next 12 months reached the highest level since the fourth quarter of 2005.                                

Fed: Growth Picks Up Across Most Of U.S.

April 17, 2014 2:28 pm | by Paul Wiseman, AP Economics Writer | News | Comments

Ten of the Fed's 12 regions reported an increase in economic activity, according to the Beige Book survey released Wednesday.                                   

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Chinese Factories Face New Challenge As Growth Slows

April 17, 2014 2:05 pm | by The Associated Press | News | Comments

As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low cost producer is no longer enough to prosper.                         

What Impact Will The Recall Have On GM's Sales?

April 16, 2014 1:46 pm | by Tom Krisher, AP Auto Writer | News | Comments

Many expect GM sales to take a hit from a mishandled recall of small cars, though it's unclear when and how severe.                                       

U.S. Won't Name China A Currency Manipulator

April 16, 2014 9:57 am | by Marcy Gordon, AP Business Writer | News | Comments

The Obama administration is raising concern about the value of China's currency but is declining, as in recent years, to accuse Beijing of manipulating it.                            

Are The Highest Paid In Manufacturing Worth Their Weight In Gold?

April 15, 2014 9:17 am | by Anna Wells, Executive Editor - @IndustrialAnna | Blogs | Comments

Some argue that CEO pay packages may seem inflated, but are partially in response to the often truncated length of service — essentially, these are short-term gigs.                         

Retail Sales Strong In March

April 14, 2014 10:17 am | by The Associated Press | News | Comments

U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture, and a number of other products.                              

Producer Prices Rise In March

April 11, 2014 2:08 pm | by Josh Boak, AP Economics Writer | News | Comments

The prices companies receive for their goods and services jumped in March led by gains for food, clothing, jewelry, and chemicals.                                   

Job Market Stronger, Not Strong Enough

April 7, 2014 1:49 pm | by CNNMoney | Videos | Comments

With 192,000 jobs added in March, the labor market is strong enough that businesses are growing, but still too weak for the Federal Reserve to promptly end stimulus.                         

Southeast Manufacturing Reaches Highest Point Since 2012

April 7, 2014 1:33 pm | by Kennesaw State University | News | Comments

Manufacturing activity in the Southeast increased for March, registering its highest reading since 2012, according to the Southeast’s Purchasing Managers Index (PMI) report.                      

The Latest On U.S. Manufacturing Jobs

April 4, 2014 2:08 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | News | Comments

The Alliance for American Manufacturing (AAM) looked over the data released by the Department of Labor and reported that America’s manufacturing sector lost 1,000 jobs in March.                     

Employers Add 192K Jobs In March

April 4, 2014 10:13 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers added jobs at a solid pace in March in the latest sign that the economy is rebounding from a weak stretch brought on by a harsh winter.                             

U.S. Trade Deficit Hits $42.3B

April 3, 2014 1:55 pm | by The Associated Press | News | Comments

The U.S. trade deficit climbed to the highest level in five months in February as demand for American exports fell while imports increased slightly.                             

PNC Says Small Businesses Ready To Hire. Is Yours?

April 3, 2014 11:44 am | by Anna Wells, Executive Editor, @IndustrialAnna | Blogs | Comments

Does your small business have plans to hire or are PNC’s survey respondents being overly optimistic based on the circumstances?                                    

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