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Ford Expects Return to Profit in Europe in 2015

July 10, 2014 2:07 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Ford hasn't earned a pretax profit in Europe since 2010, and it lost $1.6 billion in the region last year.                                           

Chinese Auto Sales Cool in June

July 9, 2014 9:54 am | by Kelvin Chan, AP Business Writer | News | Comments

Car sales in China cooled in June, with domestic brands falling further behind their foreign...

Survey: Midwest, Plains Economy Growing

July 2, 2014 9:11 am | by The Associated Press | News | Comments

The economy in nine Midwestern and Plains states should continue growing steadily in the months...

Auto Sales Maintain Healthy Pace in June

July 1, 2014 4:05 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

U.S. auto sales slowed slightly in June but still maintained a healthy pace despite a record-...

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Daily industrial news and top headlines for plant and maintenance managers

Steady Job Growth Lifts Consumer Confidence

June 27, 2014 2:15 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Strong job growth lifted U.S. consumer confidence this month, as Americans looked past the economy's dismal first quarter performance.                    

Analysts Expect Slower June Sales For GM

June 27, 2014 10:31 am | by The Associated Press | News | Comments

A number of analysts are predicting that General Motors' June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.          

Auto Production Sets New Record, Fleet Surpasses 1 Billion Mark

June 26, 2014 2:12 pm | by Worldwatch Institute | News | Comments

Five countries account for the production of 60 percent of all light vehicles worldwide. China produced a stunning 20.9 million vehicles in 2013.                                

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Survey: Industrial Sector Plans To Add Jobs Amid Growing Optimism

June 26, 2014 2:05 pm | by McGladrey | News | Comments

Nine out of 10 executives at small and mid-size manufacturing and distribution companies expect solid growth over the next 12 months and two-thirds plan to add jobs during that period.                   

Orders for Durable Goods Drop in May; MAPI Responds

June 25, 2014 11:38 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Orders for U.S. durable goods tumbled 1 percent in May as demand for military equipment fell sharply. But excluding defense-related goods, orders actually rose, and orders in a key category that signals business investment also increased.    

U.S. Economy Shrinks at Steep 2.9 Percent Rate In 1Q

June 25, 2014 9:55 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. economy shrank at a steep annual rate of 2.9 percent in the January-March quarter as a harsh winter contributed to the biggest contraction since the depths of the recession five years ago.               

Smith & Wesson: Americans Are Buying Fewer Guns

June 23, 2014 4:12 pm | by CNNMoney | Videos | Comments

Smith & Wesson posted a weak forecast for one simple reason: Americans are buying fewer guns.                                            

China Factory Gauge Shows Economy Stabilizing

June 23, 2014 1:42 pm | by The Associated Press | News | Comments

Factory activity in China expanded in June for the first time this year, according to an HSBC report Monday, adding to signs that the slowdown in the No. 2 economy is stabilizing as recent micro boosting measures take hold.           

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Japan Logs 23rd Month Of Trade Deficit

June 19, 2014 10:16 am | by The Associated Press | News | Comments

Japan logged its 23rd successive month of trade deficits in May, as exports and imports both declined despite signs of recovering demand in the U.S. and Europe.               

Fed Sharply Cuts U.S. Economic Growth Forecast

June 19, 2014 10:08 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The Federal Reserve has sharply cut its forecast for U.S. growth this year, reflecting a shrinking economy last quarter caused mostly by harsh weather.                 

Porsche Takes Top Spot In New Car Quality Survey

June 19, 2014 10:05 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Porsche, Jaguar and Lexus were the best-performing brands in this year's survey. The worst performers were Fiat, Jeep and Mitsubishi.                    

'Pink Slime' Makers Say Sales Are Rising

June 17, 2014 2:34 pm | by Lincoln Journal Star, Lincoln, Nebraska | News | Comments

Sales of a treated ground beef product that critics derisively dubbed "pink slime" have rebounded, according to two of its manufacturers.                                 

CEOs More Optimistic on Hiring, Sales

June 17, 2014 2:27 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Optimism among chief executives of large U.S. companies has reached a two-year high, driven by a more positive outlook toward hiring and sales.                                

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MAPI Quarterly U.S. Industrial Outlook: Accelerating Growth Ahead

June 17, 2014 1:02 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

Stable consumer-driven spending and a strong forecast for business investment bode well for the manufacturing sector, according to the Manufacturers Alliance for Productivity and Innovation.                 

The State & Future of the Global Electronics Market

June 17, 2014 10:34 am | by David Mantey, Editor-in-Chief, Product Design & Development | Blogs | Comments

At EDS 2014, Dale Ford, vice president of IHS Technology, offered some eye-opening predictions, particularly for the consumer electronics market, in his presentation, “The Big Picture, Ideas, and Opportunities.”            

Factory Output Rebounds in May, MAPI Weighs In

June 16, 2014 2:16 pm | by Christopher S. Rugaber, AP Economics Writer & MAPI | News | Comments

U.S. manufacturing output rose in May after shrinking in April, led by greater production of autos, computers and furniture.                                    

Cheaper Gas, Food Push Down Producer Prices

June 13, 2014 1:42 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The prices U.S. companies receive for their goods and services fell in May, offering evidence that inflation is mild.                                      

U.S. Businesses Boost Stockpiles in April

June 12, 2014 1:36 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. businesses increased their stockpiles in April by the largest amount in six months, signaling business optimism that future demand will keep rising.                            

Businesses Ramp Up Job Searches in April

June 10, 2014 1:42 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. companies advertised more jobs in April than in any month in six and a half years, a possible harbinger of strong hiring in the months ahead.                              

MAPI Economic Forecast: Investment Spending Will Drive Growth

June 9, 2014 2:25 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI)Manufacturing production continues to outpace overall economic growth and will be led more by investment than by consumer-driven advances over the next 18 months, according to a new report. | News | Comments

The Manufacturers Alliance for Productivity and Innovation (MAPI) Quarterly Economic Forecast predicts that inflation-adjusted gross domestic product will expand 2.5 percent in 2014 and 3.2 percent in 2015. The former is a decrease from 2.8 percent and the latter equal to the 3.2 percent from MAPI’s March 2014 report.

Manufacturing Technology Orders Up

June 9, 2014 2:04 pm | by The Association for Manufacturing Technology | News | Comments

April U.S. manufacturing technology orders totaled $391.53 million according to The Association For Manufacturing Technology (AMT).                                   

Chinese Exports Rise, Imports Slip

June 9, 2014 1:41 pm | by The Associated Press | News | Comments

China says its export growth accelerated in May but imports dipped in a mixed sign for the world's second-biggest economy.                                      

Survey: Growth To Pick Up, Hiring To Remain Steady

June 9, 2014 9:18 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists.                       

Profits Are Up: And So Are Corporate Income Taxes

June 6, 2014 2:00 pm | by PwC US | News | Comments

Average effective tax rates (ETR) over the past three years have continued to edge upward for industrial products and automotive sectors, reflecting a modest rebound in the global business climate that is leading to increased profits at many companies. 

Walmart Facing Big Hurdles

June 5, 2014 9:37 am | by Anne D'Innocenzio, AP Retail Writer | News | Comments

Revenue at established Walmart stores in the U.S., which accounts for 60 percent of the company's total sales, has declined for five consecutive quarters.                             

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