{"id":5465,"date":"2020-06-04T09:40:35","date_gmt":"2020-06-04T09:40:35","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=5465"},"modified":"2020-06-15T13:23:11","modified_gmt":"2020-06-15T13:23:11","slug":"week-23-in-manufacturing-news-2","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/","title":{"rendered":"Week 23 in Manufacturing News"},"content":{"rendered":"\n<p>US manufacturing industry stabilizes after plunging to financial-crisis lows, ISM survey reveals; UK manufacturing shows a hint of recovery after coronavirus; Pandemic exposes Europe\u2019s reliance on imports.<\/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\/06\/interior-of-workshop.jpg\" alt=\"interior-of-workshop\" class=\"wp-image-5469\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/interior-of-workshop.jpg 1000w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/interior-of-workshop-300x200.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/interior-of-workshop-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">US manufacturing industry stabilizes after plunging to financial-crisis lows, ISM survey reveals<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The US manufacturing industry ended a four-month decline and began to stabilize in May, the Institute for Supply Management&#8217;s latest survey showed Monday.<\/li><li>The ISM&#8217;s purchasing managers&#8217; index ticked higher to 43.1 last month from 41.5, remaining in contraction territory but climbing off an 11-year low.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"616\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-1024x616.png\" alt=\"Manufacturing-survey\" class=\"wp-image-5466\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-1024x616.png 1024w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-300x180.png 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-768x462.png 768w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image.png 1259w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Business Insider (opens in a new tab)\" href=\"https:\/\/www.businessinsider.com\/economic-outlook-ism-pmi-manufacturing-industry-stabilizing-may-coronavirus-recession-2020-6\" target=\"_blank\">Business Insider<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">UK manufacturing shows a hint of recovery after coronavirus<\/h2>\n\n\n\n<p>Britain\u2019s manufacturing sector has shown signs of recovering from the worst damage inflicted during the coronavirus outbreak after a survey showed that factory output had declined at a slower pace in May than a month earlier. <\/p>\n\n\n\n<p>The manufacturing purchasing managers\u2019 index (PMI) \u2013 compiled from surveys of business activity \u2013 rose to 40.7 in May from 32.6 a month earlier, when harsh restrictions brought Britain\u2019s economy to an effective standstill.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"The Guardian (opens in a new tab)\" href=\"https:\/\/www.theguardian.com\/business\/2020\/jun\/01\/uk-manufacturing-shows-hint-of-recovery-after-coronavirus\" target=\"_blank\">The Guardian<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pandemic exposes Europe\u2019s reliance on imports<\/h2>\n\n\n\n<p>The pandemic and economic shutdowns laid bare Europe\u2019s reliance on imports, particularly from China and most starkly in medical products. European governments have been unable to depend on their normal supplies of protective equipment, ventilators, some generic drugs, and the basic ingredients that go into more sophisticated pharmaceuticals. Cue calls for the return of production to European plants. <\/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\/af39c6d2-ae1e-4d0b-ba5b-121d12b22647\" target=\"_blank\">Financial Times<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Manufacturing. What will happen in the years after<\/h2>\n\n\n\n<p>Today\u2019s situation is unique \u2013 a global business shutdown for several months has never happened before. <\/p>\n\n\n\n<p>We can expect significant changes in business, manifesting in the acceleration of trends, disruption in relations, vertical integration, and local sourcing. <\/p>\n\n\n\n<p>To prepare for these changes companies need to secure uninterrupted business and increase efficiency. These obvious goals will now have some new objectives: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li> <strong>Worker safety<\/strong>&nbsp;will go beyond gloves <\/li><li> <strong>Work with suppliers<\/strong>&nbsp;will require more attention.&nbsp; <\/li><li> <strong>Margins<\/strong>&nbsp;will be put under huge pressure.<\/li><\/ul>\n\n\n\n<p>Source: <a href=\"https:\/\/www.themanufacturer.com\/articles\/manufacturing-what-will-happen-in-the-years-after\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"The Manufacturer (opens in a new tab)\">The Manufacturer<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US manufacturing industry stabilizes after plunging to financial-crisis lows, ISM survey reveals; UK manufacturing shows a hint of recovery after coronavirus; Pandemic exposes Europe\u2019s reliance on imports.<\/p>\n","protected":false},"author":4,"featured_media":5469,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[174,3,102,101],"class_list":["post-5465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eu-manufacturing","tag-manufacturing","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 23 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 23. 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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-23-in-manufacturing-news-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-04T09:40:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-15T13:23:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/interior-of-workshop.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-23-in-manufacturing-news-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 23 in Manufacturing News\",\"datePublished\":\"2020-06-04T09:40:35+00:00\",\"dateModified\":\"2020-06-15T13:23:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/\"},\"wordCount\":337,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/interior-of-workshop.jpg\",\"keywords\":[\"EU manufacturing\",\"manufacturing\",\"uk manufacturing\",\"us manufacturing\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/\",\"name\":\"Week 23 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-23-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/interior-of-workshop.jpg\",\"datePublished\":\"2020-06-04T09:40:35+00:00\",\"dateModified\":\"2020-06-15T13:23:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 23. 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