U.S. Manufacturing PMI

The IHS Markit U.S. Manufacturing PMI notched another record in July, with strong growth in demand, production and hiring, and respondents remained very positive in their outlook for the next six months. Yet, the sector continues to experience record-setting supplier shortages and cost pressures, with the backlog of orders also just shy of May’s record [...]

2021-09-09T13:38:46+00:00September 9th, 2021|

Confirmatory Testing

Dear valued business partners, The Rhode Island Department of Health (RIDOH) recommends confirmatory testing if you do not have symptoms [protect-us.mimecast.com] of COVID-19 and get a positive result on a rapid antigen test, or if you do have symptoms [protect-us.mimecast.com] and get a negative result on a rapid antigen test (examples are the supplied BinaxNOW and Quidel QuickVue tests). RIDOH [...]

2021-09-09T13:04:16+00:00September 9th, 2021|

Quidel Testing on COVID-19

Below is information sent to us by our contact regarding testing. Please follow the instructions so that you can continue to do testing. Thank you for your ongoing participation in the Rhode Island COVID-19 Business Testing Program and for doing your part in keeping Rhode Islanders safe. We are emailing you to inform you of [...]

2021-09-14T14:02:58+00:00September 7th, 2021|

Supply Chain Disruptions

IHS Markit Flash U.S. Manufacturing PMI:  After expanding at a record pace in July, manufacturing activity slowed a bit in August but continued to grow robustly, with the IHS Markit Flash U.S. Manufacturing PMI declining from 63.4 in July to 61.2 in August. It was the fifth straight month with the index exceeding 60—a threshold [...]

2021-09-07T16:37:26+00:00September 7th, 2021|

Mid-August Economic Report

The average hourly earnings of production and nonsupervisory workers in manufacturing have risen 4.5% year-over-year, up to $23.86 in July. Yet, real average hourly earnings for production and nonsupervisory workers in manufacturing have fallen 1.0% since November, as consumer inflation has reduced the real earnings of everyday manufacturing workers. Similarly, producer prices for final demand [...]

2021-09-07T16:36:24+00:00September 7th, 2021|

Tokyo Olympics

American Cord and Webbing Co. teamed up with Ralph Lauren in manufacturing sustainable webbing for uniforms worn by United States athletes during the Tokyo Olympics opening ceremony on July 23, American Cord said in a statement.  Family-owned and -operated, American Cord and Webbing is based in Woonsocket.  American Cord and Webbing was founded in 1917. [...]

2021-09-07T16:31:45+00:00September 7th, 2021|

Economic and Workforce Development Funding

The Economic Development Administration at the U.S. Department of Commerce announced $3 billion is now available through a series of competitions to support economic and workforce development programs in regions across the country.  The funding opportunity demonstrates a strong commitment to employer-led workforce models and a surprising level of flexibility in the use of funds.

2021-09-07T16:30:33+00:00September 7th, 2021|

Alzheimer’s Association – “Dance for Purple”

On September 18th, the Rhode Island Chapter of Alzheimer’s Association is hosting an event at the Skyline at Waterplace. Below is an overview letter from Mr. Tom Tanury of Tanury Industries. Tom is a RIMA member and a strong supporter of manufacturing. Please consider assisting in this worthy cause. Overview Letter Sponsorship Levels (Downloadable Word Document) [...]

2021-09-01T09:54:23+00:00September 1st, 2021|
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