{"id":4456,"date":"2020-01-16T11:41:16","date_gmt":"2020-01-16T11:41:16","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=4456"},"modified":"2020-06-15T12:59:08","modified_gmt":"2020-06-15T12:59:08","slug":"week-3-in-manufacturing-news","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-3-in-manufacturing-news\/","title":{"rendered":"Week 3 in Manufacturing News"},"content":{"rendered":"\n<p>US and China Sign Deal to Ease Trade War; The U.S. Added 145,000 Jobs in December; UK Manufacturing Production arrives at -1.7% MoM in Nov vs. -0.3% expected; The Manufacturer:&nbsp;Top Stories and  Podcasts of 2019.<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"516\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/week-3-in-manufacturing-news-MRPeasy.jpg\" alt=\"week-3-in-manufacturing-news-MRPeasy\" class=\"wp-image-4460\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/week-3-in-manufacturing-news-MRPeasy.jpg 1000w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/week-3-in-manufacturing-news-MRPeasy-300x155.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/week-3-in-manufacturing-news-MRPeasy-768x396.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">US and China Sign Deal to Ease Trade War<\/h2>\n\n\n\n<p>The US and China have signed an agreement aimed at easing a trade war that has rattled markets and weighed on the global economy.<\/p>\n\n\n\n<p>Chinese leaders called it a &#8220;win-win&#8221; deal that would help foster better relations between the two countries.<\/p>\n\n\n\n<p>China has pledged to boost US imports by $200bn above 2017 levels and strengthen intellectual property rules.<\/p>\n\n\n\n<p>In exchange, the US has agreed to halve some of the new tariffs it has imposed on Chinese products.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"BBC (opens in a new tab)\" href=\"https:\/\/www.bbc.com\/news\/business-51114425\" target=\"_blank\">BBC<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The U.S. Added 145,000 Jobs in December<\/h2>\n\n\n\n<p>The Labor Department\u2019s monthly jobs report suggests that the economy ended 2019 on a steady footing. <\/p>\n\n\n\n<p>The U.S. added 145,000 jobs in December, capping a year of steady gains and showing that the labor market has not yet run out of breath. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"687\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/image-1-1024x687.png\" alt=\"The U.S. Added 145,000 Jobs in December\" class=\"wp-image-4457\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/image-1-1024x687.png 1024w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/image-1-300x201.png 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/image-1-768x515.png 768w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/01\/image-1.png 1216w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>One discouraging piece of the Labor Department\u2019s monthly report was anemic wage growth. Over the past 12 months, wages grew just 2.9 percent. That was substantially below the 3.3 percent average in 2018. <\/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\/2020\/01\/10\/business\/economy\/december-jobs-report.html\" target=\"_blank\">The New York Times<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">UK Manufacturing Production arrives at -1.7% MoM in Nov vs. -0.3% expected <\/h2>\n\n\n\n<p>The Office for National Statistics (ONS) published the&nbsp;<strong>UK&nbsp;<\/strong>industrial and manufacturing production data on Monday, with the overall industrial activity witnessing further deterioration in November.<\/p>\n\n\n\n<p>Manufacturing output arrived at -1.7% MoM in November versus -0.3% expectations and +0.5% booked in October, while total industrial output came in at -1.2% vs. -0.1% expected and +0.4% last.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"FX Street (opens in a new tab)\" href=\"https:\/\/www.fxstreet.com\/news\/uk-manufacturing-production-arrives-at-17-mom-in-nov-vs-03-expected-202001130937\" target=\"_blank\">FX Street<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Manufacturer:&nbsp;Top Stories and  Podcasts of 2019<\/h2>\n\n\n\n<p><a rel=\"noreferrer noopener nofollow\" aria-label=\"Top 10 news stories of 2019 (opens in a new tab)\" href=\"https:\/\/www.themanufacturer.com\/articles\/manufacturer-top-10-news-stories-2019\/\" target=\"_blank\">Top 10 news stories of 2019<\/a>:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Top jobs in 2040 will involve virtual reality, artificial intelligence &amp; robotics<\/li><li>Report: Major car brand will \u2018cease to exist\u2019 after automotive trade war<\/li><li>Smart factories could add $1.5tn to world economy<\/li><\/ol>\n\n\n\n<p><a href=\"https:\/\/www.themanufacturer.com\/articles\/the-manufacturer-top-10-interviews-podcasts-of-2019\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Top 10 interviews &amp; podcasts of 2019 (opens in a new tab)\">Top 10 interviews &amp; podcasts of 2019<\/a>:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Henrik von Scheel: In conversation with the \u2018Father of Industry 4.0\u2019<\/li><li>Why industrial strategy must not become the victim of politics<\/li><li>In conversation with Mike Hawes, chief executive of the SMMT<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>US and China Sign Deal to Ease Trade War; The U.S. Added 145,000 Jobs in December; UK Manufacturing Production arrives at -1.7% MoM in Nov vs. -0.3% expected; The Manufacturer:&nbsp;Top Stories and Podcasts of 2019.<\/p>\n","protected":false},"author":4,"featured_media":4460,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[3,57,59,177,176,102,101],"class_list":["post-4456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-manufacturing","tag-manufacturing-news","tag-news","tag-top-stories","tag-trade-war","tag-uk-manufacturing","tag-us-manufacturing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Week 3 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 3. 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