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U.S. manufacturing activity expanded in October, but at a slower rate than reported in September according to new data released this morning by the Institute for Supply Management. ISM's index of U.S. manufacturing activity, based on a survey of U.S. supply executives, slowed to 58.7 in October, 2.1% shy of September's historic 60.8% -- its highest reading in 13 years.
Any reading over 50 indicates expansion, according to the ISM's metrics. October marks the 14th consecutive month of growth in the manufacturing sector, and the 101st month of growth for the U.S. economy overall.
Overall, the U.S. manufacturing sector and the economy overall has experienced strong growth, corresponding with multiple local Fed reports, such as New York manufacturing activity reaching a new high, and a ...(Full Article)
Growth in the 3-D printing industry has exploded through the years. While half of the 3-D printing companies are concentrated in the Midwest, there are numerous companies starting up all across the United States. IndustryNet data shows employment at 3D printing companies in the U.S. is up slightly more than 35 percent, and sales have increased 1.6% over the past year.
Although the industry is small, it is at the forefront of innovation in American manufacturing. This comprehensive list provides information on 36 top 3-D printing companies in the U.S.
3D Systems, Inc.; Lawrenceburg, Tennessee; Number of employees: 65:
In 1983, Chuck Hull, the cofounder and chief technology officer, invented stereolithography, the first 3-D printing process. Today, it is considered the gold standard...(Full Article)
The digital printing industry is as popular as ever and continues to grow. Research shows the market is up from 9.8 percent in 2008 to 20.6 percent expected in 2018.
According to IndustryNet data, industrial printing in the U.S. continues to post strong growth, and although offset printing dominates the industry in terms of sheer size, sales and employment increases were led by digital printing services, with jobs up 1% and sales up 6% over the past year. Industry-wide, employment is up in all four regions of the United States. From the many companies reporting employment growth to Industry Net, 35% were located in the Midwest; 27% in the South; 23% in the Northeast; and 15% in the West.
This article will take a look at some of the top companies offering digital printing services in...(Full Article)
Even in this digital age, the offset printing industry is still posting healthy growth figures and the forecast is for moderate growth in the industry in the years to come. IndustryNet recently reported on the U.S. printing industry, finding the sector has posted steady growth over the past year. This article will focus on top offset printing companies in the U.S., measured by size, employee count, job and sales growth.
All of the top 10 and top five printing companies featured in this analysis qualify as small businesses, according to the Small Business Administration (SBA). The SBA defines small businesses as those companies with 500 or fewer employees. This finding is reflective of manufacturing as a whole, according to the National Association of Manufacturers. In 2014 (the most re...(Full Article)
While offset printing still dominates the market, digital printing has experienced growth in both volume and value since 2012. Responses gathered from industrial printing companies by IndustryNet indicate that this trend is continuing.
As a whole, offset printing in the United States is declining in both employment and sales. However, during the past year, some industrial printing companies still reported growth. This article explores where and how growth is seen in the offset and digital sectors of the printing industry.
Growth by region
According to IndustryNet, companies offering either type of printing are relatively evenly distributed around the country. Of 2,465 offset printing companies, 674 (27 percent) have plants in the South, 640 (26 percent) in the West, 604 (25 perce...(Full Article)
U.S. manufacturing activity expanded far more than expected in September, according to new data released this morning by the Institute for Supply Management. The ISM's manufacturing index soared to 60.8, topping August's reading by 2 percentage points.
The U.S. is now closing in on a full year of expansion, according to ISM data. September's reading marks the U.S. manufacturing sector's 13th consecutive month of growth, and the 100th consecutive month of growth for the U.S. economy as a whole.
The ISM's Manufacturing Report on Business is a leading economic indicator based on a survey of the nation's supply executives. September's 60.8 reading is the highest level the Institute has since May 2004.
Accelerating growth in the U.S. manufacturing sector corresponds with the 3.1% ri...(Full Article)
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