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Economy


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BDO Survey: Majority of middle market manufacturers recognize Industry 4.0 opportunity
Yet only 5% are ready to execute, BDO Benchmarking Survey finds.

CEMA reports March 2019 orders up 42.2% when compared to February 2019
Shipments up 13.4% year over year, and up 23.1% from February.

ISM semiannual report predicts manufacturing and non-manufacturing growth in 2019
Forecast of continued growth in both the manufacturing and non-manufacturing sectors is based on feedback from U.S.-based purchasing and supply chain executives.

ISM reports manufacturing output slipped in April
The report’s key metric, the PMI, dipped 2.5% to 52.8 (a reading of 50 or higher indicates growth), following a 1.1% increase from February to March, a 2.4% decrease from January to February and a 2.3% increase from December to January.

CEMA: 2018 shipments in North America up 18%
Executives representing CEMA member companies expressed continued optimism at the association's annual meeting, and forecasted shipments will increase 15% for 2019.

Commerce and NRF report February retail sales gains
Commerce reported that January retail sales, at $506 billion, slipped 0.2% compared to January and rose 2.2% annually.

Gains in March manufacturing output, ISM reports
March manufacturing output finished on an upswing in the first quarter, with the PMI up 1.1% to 55.3 following a 2.4% decrease from January to February.

North American machine vision market grew nearly 10% in 2018, broke records for sixth straight year
Smarter and smaller vision technologies serve complex challenges with emerging automation solutions like AI-driven bin picking, autonomous vehicles, and advanced inspection technologies.

JLL research: ‘Mega box’ leasing deal activity remains strong
Despite fewer large leases in 2018, JLL explained logistics-related sectors still accounted for around 50% of total share for the year at levels similar to 2016 and 2017.

ITA reports fourth consecutive year of record-breaking forklift sales in 2018
Industrial Truck Association report indicates each lift truck class grew, and electric products accounted for approximately 64% of last year’s market.

NAM renews call for $1 trillion in infrastructure investment
Manufacturers release “Building to Win” proposal to rebuild America’s infrastructure.

North American robot shipments hit record with big non-automotive growth
Shipments to non-automotive companies grew 41% to 16,702 shipments for the year, with food and consumer goods driving nearly 50% of the growth.

NAM spotlights modern manufacturing in Minnesota during NAM State of Manufacturing Tour 2019
Tour emphasizes the next frontier of manufacturing, showcases the industry’s optimism and underscores need to fill manufacturing skills gap.

IIoT market to expand at a CAGR of 24%
TMR report cites growing adoption of advanced manufacturing techniques and increasing number of strategic partnerships as key drivers of growth of the global Industrial Internet of Things market.

Retail sales slip in December to finish 2018 but see annual gains
December retail sales were down 1.2% compared to November, but Commerce reported they were up 2.3% compared to December 2017. Total 2018 retail sales were up 5%.


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