{"id":5437,"date":"2020-05-28T09:10:51","date_gmt":"2020-05-28T09:10:51","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=5437"},"modified":"2020-06-15T13:22:17","modified_gmt":"2020-06-15T13:22:17","slug":"week-22-in-manufacturing-news-2","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/","title":{"rendered":"Week 22 in Manufacturing News"},"content":{"rendered":"\n<p>US: Richmond Fed Manufacturing Index recovers to -27 in May vs. -47 expected; EU recovery fund faces prodigious hurdles to reach consensus; How crises transform the manufacturing sector; 6 Keys to a Successful Restart After COVID-19.<\/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=\"667\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor.jpg\" alt=\"worker-in-production-plant-drilling-at-machine-on-the-factory-floor\" class=\"wp-image-5439\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor.jpg 1000w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor-300x200.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">US: Richmond Fed Manufacturing Index recovers to -27 in May vs. -47 expected<\/h2>\n\n\n\n<p>The activity in the Federal Reserve&#8217;s Fifth District&#8217;s manufacturing sector continued to decline at a softer pace in May than it did in April. All three components \u2014 shipments, new orders, and employment \u2014 were above their April readings but still in contractionary territory.<\/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\/us-richmond-fed-manufacturing-index-recovers-to-27-in-may-vs-47-expected-202005271410\" target=\"_blank\">FX Street<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">EU recovery fund faces prodigious hurdles to reach consensus<\/h2>\n\n\n\n<p>Member states pore over \u20ac750bn borrowing plan as they seek route out of the budget impasse.<\/p>\n\n\n\n<p>European Commission president Ursula von der Leyen\u2019s plan fuses the recovery fund with the EU\u2019s next seven-year budget, which she has said should total \u20ac1.1tn. National leaders have been trying and failing to agree on the spending pot for two years, but Brussels has argued that it is the only sound and available way to pump money into crisis-hit regions.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Financial Times (opens in a new tab)\" href=\"https:\/\/www.ft.com\/content\/69348393-3e60-4a10-8729-49e0de7e5c03\" target=\"_blank\">Financial Times<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How crises transform the manufacturing sector<\/h2>\n\n\n\n<p>Economic catastrophes and global pandemics have historically had a significant impact on manufacturing. With robots increasingly being used throughout supply chains, the coronavirus outbreak could signal a new era for the industry &#8211; robotics.  At a time when adopting robots is cheaper than ever, the incentive to restore production is even stronger.&nbsp;<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"The New Economy (opens in a new tab)\" href=\"https:\/\/www.theneweconomy.com\/business\/how-crises-transform-the-manufacturing-sector\" target=\"_blank\">The New Economy<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">6 Keys to a Successful Restart After COVID-19<\/h2>\n\n\n\n<p>Restarting a manufacturing operation is a huge undertaking in calm times. When you factor in the complexities of the post-pandemic environment, it can be overwhelming.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Plan Ahead<\/li><li>Rethink Your Supply Chains<\/li><li>Know Your Critical Talent Skills and Needs<\/li><li>Connect to Value Chain with Increased Engagement<\/li><li>Put Emphasis on Safety<\/li><\/ol>\n\n\n\n<p>Source: <a href=\"https:\/\/www.industryweek.com\/operations\/article\/21132156\/6-keys-to-a-successful-restart-after-covid19\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"IndustryWeek (opens in a new tab)\">IndustryWeek<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US: Richmond Fed Manufacturing Index recovers to -27 in May vs. -47 expected; EU recovery fund faces prodigious hurdles to reach consensus; How crises transform the manufacturing sector; 6 Keys to a Successful Restart After COVID-19.<\/p>\n","protected":false},"author":4,"featured_media":5439,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[174,3,293,102,101],"class_list":["post-5437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eu-manufacturing","tag-manufacturing","tag-recovery","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 22 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 22. 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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-22-in-manufacturing-news-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-28T09:10:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-15T13:22:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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-22-in-manufacturing-news-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 22 in Manufacturing News\",\"datePublished\":\"2020-05-28T09:10:51+00:00\",\"dateModified\":\"2020-06-15T13:22:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/\"},\"wordCount\":310,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor.jpg\",\"keywords\":[\"EU manufacturing\",\"manufacturing\",\"recovery\",\"uk manufacturing\",\"us manufacturing\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/\",\"name\":\"Week 22 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-22-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/05\/worker-in-production-plant-drilling-at-machine-on-the-factory-floor.jpg\",\"datePublished\":\"2020-05-28T09:10:51+00:00\",\"dateModified\":\"2020-06-15T13:22:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 22. 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