#manufacturing

#manufacturing

The ONS said the economy grew by 0.2 per cent on a rolling three-month basis, a measure it will now prioritise to provide a clearer picture of performance given the volatility of monthly data. July's weakness was driven by a 0.9 per cent fall in production, including a 1.3 per cent decline in manufacturing, pushing industrial output to its lowest level since January.

Reality check: At the end of July Lutnick posted to X that "the Trump Economy has officially arrived," citing a strong GDP report. Since then, a combination of weak jobs data and hot inflation reports has painted a very different picture of an economy struggling to grow. Just Thursday, the Consumer Price Index showed inflation rising for a fourth consecutive month, while initial jobless claims were the highest in years.

The analyst's Private network deployment tracker contained three defining characteristics of a private network: dedicated resources, including network infrastructure, platform and/or spectrum which may not be physically dedicated but can be logically dedicated such as in network slicing; dedicated user groups/SIMs where access to the network is controlled and limited to a group of certain users who may have logically dedicated SIMs, which may be virtual; and customised KPIs where the network is designed and customised to meet use case requirements that can't be met by best-effort public networks.

JCB has warned it could lose "hundreds of millions of pounds" after the US government unexpectedly extended tariffs on steel and aluminium to cover finished goods, dealing a blow to one of Britain's best-known engineering firms. The Trump administration confirmed on Monday that the 25 per cent tariffs already applied to components would now include all machines exported to the US containing steel or aluminium. The move is expected to hit every one of the 30,000 diggers and construction vehicles JCB ships across the Atlantic each year.

The $15 million infusion into the St. Louis Brewery revitalizes the manufacturing ecosystem in Missouri, modernizing supply chain infrastructure for efficiency and job creation.

BDO's Optimism Index rose to 91.96 in July, up from 91.58 in June, driven by a strong rebound in manufacturing optimism, which rose sharply from 93.74 to 96.50.

The Big Beautiful Bill (BBB) assures tax cuts that stimulate investment, job creation, and GDP growth, leading to unprecedented economic booms from fully deductible depreciation for buildings, equipment, and research.

President Trump announced a 100 percent import tariff on chips but companies manufacturing in the US can qualify for exemptions. Companies not fulfilling production promises will face full tariffs retroactively.

The opening of the new manufacturing facility is a significant milestone for Alexander Dennis as it will lead the development and production of double-deck buses for the North American market and support Southern Nevada's transportation and manufacturing industry.

Manufacturers are harnessing AI to transform digital customer experiences, moving from generic interfaces to highly personalized interactions that cater to the urgent needs of procurement managers and other stakeholders.

The Reindustrialize Summit emphasized the potential for startups and venture capitalists to drive an American manufacturing renaissance, amid a generational challenge with the Chinese Communist Party.

"Their board came to this decision amid national economic turmoil, which is at risk of worsening amid threats of even higher tariffs," Whitmer said in a statement.

Peter Koerte, the chief technology officer and chief strategy officer at Siemens AG, points to research that shows that the average tenure of a U.S. manufacturing worker has slipped from 20 years in 2019 to just 3 years in 2023.