{"id":2717,"date":"2019-04-18T09:45:43","date_gmt":"2019-04-18T09:45:43","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=2717"},"modified":"2024-02-06T13:37:15","modified_gmt":"2024-02-06T13:37:15","slug":"week-16-in-manufacturing-news","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/","title":{"rendered":"Week 16 in Manufacturing News"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">The gloom hanging over the world economy is confined to manufacturing<\/h3>\n\n\n\n<!--more-->\n\n\n\n<p>Pessimism about&nbsp;the world economy has grown throughout 2019. Disappointing data, tumbling bond yields, the trade war between China and America and political crisis in Britain have all played a part. Economic weakness has been contained mostly to manufacturing.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"The Economist (opens in a new tab)\" href=\"https:\/\/www.economist.com\/finance-and-economics\/2019\/04\/04\/the-gloom-hanging-over-the-world-economy-is-confined-to-manufacturing\" target=\"_blank\">The Economist.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">US manufacturing output unchanged in March<\/h3>\n\n\n\n<p>The Federal Reserve said on Tuesday manufacturing production last month was restrained by weak motor vehicle output. Data for February was revised up to show output at factories falling 0.3 percent instead of declining 0.4 percent as previously reported.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"CNCB (opens in a new tab)\" href=\"https:\/\/www.cnbc.com\/2019\/04\/16\/us-manufacturing-output-unchanged-in-march.html\" target=\"_blank\">CNCB.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">U.K. Manufacturing Chief Sees \u2018No Good News\u2019 in Brexit Extension<\/h3>\n\n\n\n<p>The latest Brexit delay means more uncertainty, frozen investment and lost customers for U.K. manufacturers. That\u2019s the verdict of Stephen Phipson, who represents 5,000 companies as chief executive officer of the <a rel=\"noreferrer noopener nofollow\" aria-label=\"MakeUK  (opens in a new tab)\" href=\"https:\/\/www.makeuk.org\/\" target=\"_blank\">MakeUK <\/a>industry lobby group.<\/p>\n\n\n\n<p>More than 70 percent of MakeUK\u2019s members have frozen investment as they divert cash to building up inventories in case a no-deal Brexit strangles supply lines, according to Phipson.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Bloomberg (opens in a new tab)\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-04-17\/british-steel-s-brexit-carbon-trouble-heralds-wider-problem\" target=\"_blank\">Bloomberg.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"article-headline\">IOT in Discreet Manufacturing Market is Determined to Exceed US$ 76 Billion by 2024<\/h3>\n\n\n\n<p>Companies are quickly moving to understand what role this technology will have in their futures. Manufacturers have the opportunity to adapt processes with IoT to lower costs, optimize operations, reduce resource consumption, improve productivity, enhance customer service, and manage the supply chain. <\/p>\n\n\n\n<p>The <a rel=\"noreferrer noopener\" aria-label=\"discrete manufacturing (opens in a new tab)\" href=\"https:\/\/www.mrpeasy.com\/blog\/discrete-manufacturing-vs-process-manufacturing\/\" target=\"_blank\">discrete manufacturing<\/a> industry is now known for mechanization, sensors and utilization of new technologies, and is set up to use the advantages of IoT in accomplishing an upper hand over other manufacturing firms. <\/p>\n\n\n\n<p>Source: MarketWatch.<\/p>\n\n\n\n<p><em>You may also like: <\/em><a rel=\"noreferrer noopener\" aria-label=\"Manufacturing ERP and Industry 4.0 (opens in a new tab)\" href=\"https:\/\/www.mrpeasy.com\/blog\/manufacturing-erp-and-industry-4-0\/\" target=\"_blank\"><em>Manufacturing ERP and Industry 4.0.<\/em><\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Video: Economy could be weaker than expected, and the reason is manufacturing<\/h3>\n\n\n\n<p>Industrial production was negative in the first quarter, a signal that first quarter growth could be weaker than expected, says Joseph LaVorgna, Natixis chief economist Americas. <\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2019\/04\/16\/economy-could-feel-more-of-a-pinch-from-weak-manufacturing-natixis.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"CNCB (opens in a new tab)\">CNCB<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gloom hanging over the world economy is confined to manufacturing<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[3,57,59],"class_list":["post-2717","post","type-post","status-publish","format-standard","hentry","category-news","tag-manufacturing","tag-manufacturing-news","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Week 16 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 16. MRPeasy is a cloud-based self-service production planning ERP software for small manufacturers (10-200 employees).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week 16 in Manufacturing News - Blog for Manufacturers and Distributors\" \/>\n<meta property=\"og:description\" content=\"Manufacturing news week 16. MRPeasy is a cloud-based self-service production planning ERP software for small manufacturers (10-200 employees).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-18T09:45:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-06T13:37:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2023\/08\/software-for-manufacturers-English.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Karl Heinrich Lauri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karl Heinrich Lauri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 16 in Manufacturing News\",\"datePublished\":\"2019-04-18T09:45:43+00:00\",\"dateModified\":\"2024-02-06T13:37:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/\"},\"wordCount\":318,\"commentCount\":0,\"keywords\":[\"manufacturing\",\"manufacturing news\",\"news\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-16-in-manufacturing-news\/\",\"name\":\"Week 16 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"datePublished\":\"2019-04-18T09:45:43+00:00\",\"dateModified\":\"2024-02-06T13:37:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 16. 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