{"id":4091,"date":"2019-10-31T11:04:53","date_gmt":"2019-10-31T11:04:53","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=4091"},"modified":"2024-02-06T13:47:24","modified_gmt":"2024-02-06T13:47:24","slug":"week-44-in-manufacturing-news","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/","title":{"rendered":"Week 44 in Manufacturing News"},"content":{"rendered":"\n<p>Federal Reserve Cuts Interest Rates for Third Time in 2019; Brexit&#8217;s Effect on the UK&#8217;s Manufacturing Sector; New method promises advances in 3D printing, manufacturing and biomedical applications.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"link-7197e917\">Federal Reserve Cuts Interest Rates for Third Time in 2019<\/h2>\n\n\n\n<p>The quarter-point cut comes as the economy continues to show signs of slowing, but the Fed signaled that it may pause to weigh incoming data before adjusting rates again. <\/p>\n\n\n\n<p>The Federal Reserve cut interest rates on Wednesday for the third time this year, reversing nearly all of&nbsp;2018\u2019s rate increases.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"The New York Times (opens in a new tab)\" href=\"https:\/\/www.nytimes.com\/2019\/10\/30\/business\/economy\/federal-reserve-interest-rates.html\" target=\"_blank\">The New York Times<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Manufacturing Is Now Smallest Share of U.S. Economy in 72 Years<\/h2>\n\n\n\n<p>Once a powerhouse of the U.S. economy, making up about a quarter of GDP in the 1960s, the manufacturing sector has steadily declined in importance.<\/p>\n\n\n\n<p>Manufacturing made up 11% of gross domestic product in the second quarter, the smallest share in data going back to 1947 and down from 11.1% in the prior period, a Commerce Department&nbsp;<a rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.bea.gov\/news\/2019\/gross-domestic-product-industry-second-quarter-2019\" target=\"_blank\">report<\/a>&nbsp;showed Tuesday.  <\/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\/2019-10-29\/manufacturing-is-now-smallest-share-of-u-s-economy-in-72-years\" target=\"_blank\">Bloomberg<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Brexit&#8217;s Effect on the UK&#8217;s Manufacturing Sector<\/h2>\n\n\n\n<p>The effects of Brexit are being felt in the UK&#8217;s manufacturing sector and supply chains and may be felt for decades to come. <\/p>\n\n\n\n<p>In&nbsp;April 2019, the British manufacturing sector was down&nbsp;4.1%&nbsp;due to carmakers cutting back in anticipation of the original Brexit date of&nbsp;March 29, 2019.  <a rel=\"noreferrer noopener nofollow\" href=\"https:\/\/blogs.opentext.com\/what-will-be-the-effect-of-brexit-in-the-manufacturing-industry\/\" target=\"_blank\">UK investment in plant and machinery<\/a>&nbsp;fell&nbsp;7.5%&nbsp;in&nbsp;2016, and&nbsp;6.5%&nbsp;in&nbsp;2017, which led to significant lay-offs. <\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Interesting Engineering (opens in a new tab)\" href=\"https:\/\/interestingengineering.com\/brexits-effect-on-the-uks-manufacturing-sector\" target=\"_blank\">Interesting Engineering<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"headline\">New method promises advances in 3D printing, manufacturing and biomedical applications<\/h2>\n\n\n\n<p>In a development offering great promise for additive manufacturing, researchers have created a method to precisely create droplets using a jet of liquid. The technique allows manufacturers to quickly generate drops of material, finely control their size and locate them within a 3D space.<\/p>\n\n\n\n<p>Source:  <a href=\"https:\/\/www.sciencedaily.com\/releases\/2019\/10\/191028164332.htm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\" (opens in a new tab)\">ScienceDaily<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Cuts Interest Rates for Third Time in 2019; Brexit&#8217;s Effect on the UK&#8217;s Manufacturing Sector; New method promises advances in 3D printing, manufacturing and biomedical applications.<\/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":[3,59],"class_list":["post-4091","post","type-post","status-publish","format-standard","hentry","category-news","tag-manufacturing","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 44 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 44. 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Manufacturing news and articles - economy, artificial intelligence, additive manufacturing, IoT, manufacturing software.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-31T11:04:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-06T13:47:24+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-44-in-manufacturing-news\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 44 in Manufacturing News\",\"datePublished\":\"2019-10-31T11:04:53+00:00\",\"dateModified\":\"2024-02-06T13:47:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/\"},\"wordCount\":312,\"commentCount\":0,\"keywords\":[\"manufacturing\",\"news\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-44-in-manufacturing-news\/\",\"name\":\"Week 44 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"datePublished\":\"2019-10-31T11:04:53+00:00\",\"dateModified\":\"2024-02-06T13:47:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 44. 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