{"id":5903,"date":"2020-08-06T09:02:01","date_gmt":"2020-08-06T09:02:01","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=5903"},"modified":"2020-08-13T09:15:25","modified_gmt":"2020-08-13T09:15:25","slug":"week-32-in-manufacturing-news-2","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/","title":{"rendered":"Week 32 in Manufacturing News"},"content":{"rendered":"\n<p>U.S. manufacturing activity near 1-1\/2-year high, factory job losses persist; Staring At A Crisis, U.S. Manufacturers Must Embrace Technology \u2013 And Risk; UK, Eurozone Factories Bounce Back; \u2018Antifragility\u2019 Meets Manufacturing: Turning Crisis Into Opportunit.<\/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=\"610\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works.jpg\" alt=\"Machine-shop-of-metallurgical-works\" class=\"wp-image-5908\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works.jpg 1000w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works-300x183.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works-768x468.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Manufacturing Activity Near 1-1\/2-Year High, Factory Job Losses Persist<\/h2>\n\n\n\n<p>U.S. manufacturing activity accelerated to its highest level in nearly 1-1\/2 years in July as orders increased.<\/p>\n\n\n\n<p>The survey from the Institute for Supply Management (ISM) on Monday shows hiring at factories remaining subdued for a year now. About 72% of industries reported growth last month.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Reuters (opens in a new tab)\" href=\"https:\/\/www.reuters.com\/article\/us-usa-economy-manufacturing\/u-s-manufacturing-activity-near-1-1-2-year-high-factory-job-losses-persist-idUSKCN24Z1TO\" target=\"_blank\">Reuters<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Staring At A Crisis, U.S. Manufacturers Must Embrace Technology \u2013 And Risk<\/h2>\n\n\n\n<p>If manufacturers want to survive and to thrive when the economy picks up again, they must start investing in technology. That will be difficult not only because it will require new spending when revenue is depressed but also because for many of them, the learning curve will be steep. And many small manufacturers will have to overcome their natural risk aversion. <\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.forbes.com\/sites\/ethankarp\/2020\/07\/29\/staring-at-a-crisis-us-manufacturers-must-embrace-technology--and-risk\/#dd7c5eee67d4\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Forbes (opens in a new tab)\">Forbes<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">UK, Eurozone Factories Bounce Back<\/h2>\n\n\n\n<p>Stock markets around the world are pushing higher, with the UK\u2019s FTSE 100 index up 1.86%, Germany\u2019s Dax 2.4% ahead and France\u2019s CAC rising 1.78%. On Wall Street, the Dow Jones rose 0.46%, the S&amp;P 500 advanced 0.5% and the Nasdaq gained 1.2% to 10,876.<\/p>\n\n\n\n<p>Final PMI survey readings showed factories in the US, UK and eurozone bouncing back last month. In the UK,&nbsp;manufacturing output grew at the fastest rate since 2017&nbsp;last month while in the eurozone,&nbsp;production was the highest since April 2018. <\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.theguardian.com\/business\/live\/2020\/aug\/03\/us-china-tensions-rise-as-markets-eye-manufacturing-reports-covid-19-business-live\" 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\">\u2018Antifragility\u2019 Meets Manufacturing: Turning Crisis Into Opportunity<\/h2>\n\n\n\n<p>Modern manufacturers need to make investments in understanding their customer demand as well as their visibility into inventory, supply chain availability, and performance. <\/p>\n\n\n\n<p>All manufacturers should be able to answer basic questions about their supply chains: How long will it take to respond to a surge or drop in customer demand? How many components are set aside for you on a daily or hourly basis? If you need a second source, how much capacity will they have? <\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.forbes.com\/sites\/amarhanspal\/2020\/08\/05\/antifragility-meets-manufacturing-turning-crisis-into-opportunity\/#247d108b4a87\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Forbes (opens in a new tab)\">Forbes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. manufacturing activity near 1-1\/2-year high, factory job losses persist; Staring At A Crisis, U.S. Manufacturers Must Embrace Technology \u2013 And Risk; UK, Eurozone Factories Bounce Back; \u2018Antifragility\u2019 Meets Manufacturing: Turning Crisis Into Opportunit.<\/p>\n","protected":false},"author":4,"featured_media":5908,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"class_list":["post-5903","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 32 in Manufacturing News - MRPeasy Manufacturing Software Blog<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 32. 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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-32-in-manufacturing-news-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-06T09:02:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-13T09:15:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"610\" \/>\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-32-in-manufacturing-news-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 32 in Manufacturing News\",\"datePublished\":\"2020-08-06T09:02:01+00:00\",\"dateModified\":\"2020-08-13T09:15:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/\"},\"wordCount\":352,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/\",\"name\":\"Week 32 in Manufacturing News - MRPeasy Manufacturing Software Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2020\/08\/Machine-shop-of-metallurgical-works.jpg\",\"datePublished\":\"2020-08-06T09:02:01+00:00\",\"dateModified\":\"2020-08-13T09:15:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 32. 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