{"id":8237,"date":"2021-07-08T08:15:32","date_gmt":"2021-07-08T08:15:32","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=8237"},"modified":"2021-07-08T08:19:26","modified_gmt":"2021-07-08T08:19:26","slug":"week-27-in-manufacturing-news-3","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/","title":{"rendered":"Week 27 in Manufacturing News"},"content":{"rendered":"\n<p>U.S. manufacturing sector grows moderately; prices paid at record high-ISM; US manufacturing: Too hot to handle; UK manufacturing growth slows down in June but remains high; How is digitalisation transforming the manufacturing Industry?<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"333\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2019\/10\/manufacturing-news.jpg\" alt=\"manufacturing-news\" class=\"wp-image-3776\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2019\/10\/manufacturing-news.jpg 500w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2019\/10\/manufacturing-news-300x200.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure><\/div>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">U.S. manufacturing sector grows moderately; prices paid at record high-ISM<\/h2>\n\n\n\n<p>U.S. manufacturing activity grew at a moderate pace in June, but employment contracted for the first time in seven months, likely because of rampant shortages of raw materials and labor.<\/p>\n\n\n\n<p>The Institute for Supply Management (ISM) said on Thursday its index of national factory activity slipped to 60.6 last month, the lowest reading since January, from 61.2 in May. A reading above 50 indicates expansion in manufacturing.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"Reuters (opens in a new tab)\" href=\"https:\/\/www.reuters.com\/business\/us-manufacturing-sector-grows-moderately-prices-paid-record-high-ism-2021-07-01\/\" target=\"_blank\">Reuters<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">US manufacturing: Too hot to handle<\/h2>\n\n\n\n<p>The production index actually rose to 60.8 from 58.5, which was a surprise given the well publicised supply chain issues hitting the sector. However, the fact is the manufacturing sector is struggling to keep pace with the scale of demand. New orders continue to flood as indicated by a 66.0 reading while the backlog of orders continues to surge, although at a slower pace than in May.<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/think.ing.com\/articles\/us-manufacturing-too-hot-to-handle\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" aria-label=\"ING (opens in a new tab)\">ING<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">UK manufacturing growth slows down in June but remains high<\/h2>\n\n\n\n<p>Export demand was buoyed as economic conditions across the world improved markedly. The closely monitored IHS Markit CIPS manufacturing purchasing managers\u2019 index dropped to 63.9, down from 65.6 in May, a record high. However, it remains well above 50, the level that indicates stagnation.<\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"UK Investor (opens in a new tab)\" href=\"https:\/\/ukinvestormagazine.co.uk\/uk-manufacturing-growth-slows-down-in-june-but-remains-high\/\" target=\"_blank\">UK Investor<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How is digitalisation transforming the manufacturing Industry? <\/h2>\n\n\n\n<p>Manufacturing is going through a\u00a0digital transformation\u00a0that can dramatically increase efficiency, productivity and accuracy. <\/p>\n\n\n\n<p>Advice for a successful digitalisation strategy:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>identify digitalisation objectives;<\/li><li>formulate a digitalisation strategy;<\/li><li>select the appropriate technology enablers;<\/li><li>establish technology leadership; and<\/li><li>train your staff and introduce a digital culture.<\/li><\/ul>\n\n\n\n<p>Source: <a href=\"https:\/\/www.themanufacturer.com\/articles\/how-is-digitalisation-transforming-the-manufacturing-industry\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" aria-label=\"The Manufacturer (opens in a new tab)\">The Manufacturer<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. manufacturing sector grows moderately; prices paid at record high-ISM; US manufacturing: Too hot to handle; UK manufacturing growth slows down in June but remains high; How is digitalisation transforming the manufacturing Industry?<\/p>\n","protected":false},"author":4,"featured_media":3776,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[57],"class_list":["post-8237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-manufacturing-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Week 27 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 27 in 2021. Manufacturing news and articles - economy, manufacturing growth, job creation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week 27 in Manufacturing News - Blog for Manufacturers and Distributors\" \/>\n<meta property=\"og:description\" content=\"Manufacturing news week 27 in 2021. Manufacturing news and articles - economy, manufacturing growth, job creation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-08T08:15:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-08T08:19:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2019\/10\/manufacturing-news.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"333\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 27 in Manufacturing News\",\"datePublished\":\"2021-07-08T08:15:32+00:00\",\"dateModified\":\"2021-07-08T08:19:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/\"},\"wordCount\":297,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2019\/10\/manufacturing-news.jpg\",\"keywords\":[\"manufacturing news\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/\",\"name\":\"Week 27 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-27-in-manufacturing-news-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2019\/10\/manufacturing-news.jpg\",\"datePublished\":\"2021-07-08T08:15:32+00:00\",\"dateModified\":\"2021-07-08T08:19:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 27 in 2021. 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