{"id":5667,"date":"2020-06-18T09:31:44","date_gmt":"2020-06-18T09:31:44","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=5667"},"modified":"2020-06-18T09:31:45","modified_gmt":"2020-06-18T09:31:45","slug":"week-25-in-manufacturing-news-2","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/","title":{"rendered":"Week 25 in Manufacturing News"},"content":{"rendered":"\n<p>Retail Sales in the U.S. Rebounded in May; After COVID, is it Time for the UK to Invest in its Industry Again?; After COVID, is it Time for the UK to Invest in its Industry Again?; European economy \u2018through the worst\u2019 but activity still depressed.<\/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\/two-worker-in-factory-on-the-machine.jpg\" alt=\"two-worker-in-factory-on-the-machine\" class=\"wp-image-5670\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/two-worker-in-factory-on-the-machine.jpg 1000w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/two-worker-in-factory-on-the-machine-300x200.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/two-worker-in-factory-on-the-machine-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Retail Sales in the U.S. Rebounded in May<\/h2>\n\n\n\n<p><strong>Retail sales in the U.S. rebounded in May, rising 17.7 percent after a record drop in April, as stores and restaurants started to reopen. <\/strong><\/p>\n\n\n\n<p>After more than a month of quarantine, May brought a tentative restart of brick-and-mortar retail across most of the country, with major chains like Macy\u2019s and Gap reopening hundreds of stores.<\/p>\n\n\n\n<p>No matter how fleeting, the rebound in May is seen as a welcome boost, especially for small businesses.<\/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\/06\/16\/business\/stock-market-today-coronavirus.html\" target=\"_blank\">The New York Times<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Industrial Production Edges up in May<\/h2>\n\n\n\n<p>U.S. industrial output rises 1.4% last month vs. forecasts for a gain of 2.8%<\/p>\n\n\n\n<p>Manufacturing output, which had dropped sharply in March and April, increased 3.8% in May, the Fed said. Most major industries saw gains, with the biggest rise posted by motor vehicles and parts.<\/p>\n\n\n\n<p>Even so, total industrial production last month was 15.4% below its pre-pandemic level in February, according to the central bank.<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.marketwatch.com\/story\/industrial-production-edges-up-in-may-2020-06-16\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\" (opens in a new tab)\">Market Watch<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">After COVID, is it Time for the UK to Invest in its Industry Again?<\/h2>\n\n\n\n<p>The reopening of shops offers hope for recovery. Chancellor Rishi Sunak has pushed back an emergency budget to the autumn but is expected to give an economic update in July which could include interim measures to try to kickstart the economy. <\/p>\n\n\n\n<p>It is expected that the government will announce tax cuts, new spending on infrastructure, and new investment green technology. Under the Project Birch scheme, the government will offer state support to key firms whose failure would have a \u201cdisproportionate\u201d impact on the economy.<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.theguardian.com\/politics\/2020\/jun\/14\/after-covid-is-it-time-for-the-uk-to-invest-in-its-industry-again\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"The Guardian (opens in a new tab)\">The Guardian<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">European economy \u2018through the worst\u2019 but activity still depressed <\/h2>\n\n\n\n<p>Europeans have begun to return to work, shopping and dining out, suggesting the worst of the economic damage inflicted by coronavirus pandemic lockdowns has passed, but overall activity remains well below normal standards, pointing to the long haul back to recovery the region faces. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"993\" height=\"631\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-2.png\" alt=\"Europeans are returning to entertainment and shopping centres\" class=\"wp-image-5668\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-2.png 993w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-2-300x191.png 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/image-2-768x488.png 768w\" sizes=\"auto, (max-width: 993px) 100vw, 993px\" \/><\/figure>\n\n\n\n<p>Source: <a href=\"https:\/\/www.ft.com\/content\/c86d8e8b-7786-4948-b42d-7d7e26e80b15\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Financial Times (opens in a new tab)\">Financial Times<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail Sales in the U.S. Rebounded in May; After COVID, is it Time for the UK to Invest in its Industry Again?; After COVID, is it Time for the UK to Invest in its Industry Again?; European economy \u2018through the worst\u2019 but activity still depressed.<\/p>\n","protected":false},"author":4,"featured_media":5670,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"class_list":["post-5667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Week 25 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 25. 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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-25-in-manufacturing-news-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-18T09:31:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-18T09:31:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/two-worker-in-factory-on-the-machine.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-25-in-manufacturing-news-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 25 in Manufacturing News\",\"datePublished\":\"2020-06-18T09:31:44+00:00\",\"dateModified\":\"2020-06-18T09:31:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/\"},\"wordCount\":367,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/two-worker-in-factory-on-the-machine.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/\",\"name\":\"Week 25 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-25-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/06\/two-worker-in-factory-on-the-machine.jpg\",\"datePublished\":\"2020-06-18T09:31:44+00:00\",\"dateModified\":\"2020-06-18T09:31:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 25. 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