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Over the past few decades, manufacturing jobs have been moving away from developed countries to countries with lower labor costs such as China, India, and Mexico. This offshoring trend has resulted in significant job losses and economic challenges for developed countries, particularly in the manufacturing sector. …
Read more about Reshoring Trends in Manufacturing
The global banking system is going through some challenging conditions and the failure of several high-profile banks has the business community wondering how it will affect them. For manufacturing, the impact could be multi-dimensional. …
Read more about Mini Banking Crisis Impact on Manufacturing
The Armada Strategic Intelligence System (ASIS) is a set of 8 predictive models covering various aspects of durable manufacturing. The capstone model is one that covers industrial production in manufacturing overall, which also includes both durable and nondurable manufacturing. Thus far, this model has performed well, coming in with 98.8% accuracy 3 months in advance and 93.3% accurate 6 months out. …
Read more about Latest Industrial Production in Manufacturing Update – 18 Month Outlook