According to forecasts from the National Automobile Dealers Association (NADA), new vehicle sales are expected to increase by more than 3% during 2015. NADA sees U.S. new vehicle sales growing to 16.9 million in 2015, up from 16.4 million in 2014, due to continued economic improvement, low interest rates, and dropping fuel prices. The Automotive News Data Center shows the monthly U.S. adjusted sales rate has topped 16 million vehicles for...
According to new data from the Bureau of Economic Analysis, manufacturers produced $2.085 trillion in value-added during the second quarter of 2014. A recent economic report from the National Association of Manufacturers (NAM) cites that this figure is continued evidence that the manufacturing sector has a significant impact on U.S. economic activity, accounting for 12% of GDP. NAM also notes that the manufacturing sector added .81...
According to a J.D. Power press release, a drop in fuel prices during the month of October has led to an increase in large pickup truck loyalty. Data gathered by the Power Information Network® (PIN) from J.D. Power shows that new-vehicle retail buyers trading in a large pickup can be swayed by the current fuel prices. U.S. News & World Report data confirms the decline in gas prices. At the end of last month, the average retail price for...
According to data released last month from the U.S. Bureau of Labor Statistics, healthcare hiring is on the rise. Crain’s Report Business reports that the sector added 24,500 jobs in October and 257,000 jobs during the prior 12 months. Crain’s states that several healthcare verticals experienced hiring growth last month. Ambulatory care added 18,500 jobs in October, followed by home health employment (7,400) and physician offices (3,...
The October 2014 issue of the U.S. Bureau of Labor Statistics’ “Beyond the Numbers” publication highlights 20 years of data from the Census of Fatal Occupational Injuries (CFOI). According to the data, during the 20-year period from 1992 – 2011, 115,091 workers were killed from workplace injuries. The research notes that nearly half (42%) of fatal occupational injuries over the 20-year period resulted from transportation incidents, followed...
An October Manufacturing Engineering (ME) article shows that U.S. automotive sales, as well as the percentage of vehicles made in the U.S., has been steadily climbing in recent years. If the U.S. automotive industry hits forecasts of 16.4 million car and truck sales this year, the article notes, it’s likely that the number of vehicles built in North America will surpass 13 million in 2014 for the first time in a decade. According to IHS...
According to the October 2014 issue of Manufacturing Global magazine, the global recession and threat of unemployment after graduation has prompted many students to enroll in vocational courses or embark on apprenticeships. Manufacturing Global also notes that economic growth means employers in the manufacturing sector in particular are seeking to hire more staff. As noted in the article, a July report from business consultancy service...
According to the feature article of Manufacturing Engineering (ME) magazine’s October 2014 issue, implementing the latest machine tool data collection and monitoring systems gives manufacturers key insights that can improve factory processes. The article notes that today’s shop-floor data management software and related hardware solutions allow manufacturers to leverage more key production performance data than ever in order to streamline...
According to results from the Census of Fatal Occupational Injuries, conducted by the U.S. Bureau of Labor Statistics (BLS), workplace-related injuries have seen a small decline in recent years.  Preliminary figures show the rate of fatal work injuries for U.S. workers in 2013 was 3.2 per 100,000 full-time workers, compared to 3.4 per 100,000 in 2012. While final 2013 data has yet to be released (forthcoming in spring 2015), key...
A new automotive study from Deloitte shows that the mobility landscape is evolving, affording consumers more choices than ever before in meeting their transportation needs.  The “2014 Global Automotive Consumer Study” indicates that shifting consumer demands may impact the ways in which automotive companies engage with their customers. To develop an understanding of the factors influencing consumers’ mobility choices as new...

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