The Great Resignation or Great Retirement

In keeping with the latest jobs numbers, a recent Manufacturing Institute survey has found that for the industry, “The Great Resignation” is really more of a “Great Retirement.” The government numbers: There were 808,000 manufacturing job openings in February, down from January’s 859,000, according to the U.S. Census Bureau. February’s number is also down from [...]

2022-03-31T12:22:04+00:00March 31st, 2022|

NAM Economic Report – March 2022

In the latest NAM Manufacturers’ Outlook Survey, 88.8% of respondents felt either somewhat or very positive about their company outlook, up from 86.8% in the fourth quarter, though it’s important to note that the survey was conducted Feb. 11–25, which was mostly before the Russian invasion of Ukraine and the resulting crisis and disruption. Manufacturers [...]

2022-03-31T12:11:00+00:00March 31st, 2022|

Factory Orders Increased Again

New orders for manufactured goods increased 1.6% from October to November, from $523.4 billion to a record $531.8 billion, according to the U.S. Census Bureau. The figure marks the seventh straight month of increases. Equipment orders up: In the same period, transportation equipment orders rose 6.5%, “buoyed by a sharp rise in nondefense aircraft and [...]

2022-01-11T10:12:02+00:00January 11th, 2022|

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

Note: The testing program is available to ANY Rhode Island manufacturer. Click on the links below to download the onboarding documents and instructions for the Quidel QuickVue At-Home OTC COVID-19 test kits, as part of the state-funded on-site testing program for RI manufacturers. How To Get Started Per the RI Department of Health: You must [...]

2022-01-05T10:38:28+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|

May Economic Results

Manufacturing production rose 0.9% in May, bouncing back after edging down 0.1% in April. More importantly, output in the manufacturing sector is off just 0.5% from pre-pandemic levels, and manufacturing capacity utilization increased from 74.9% in April to 75.6% in May, the best rate since December 2019. Manufacturing activity in the New York and Philadelphia [...]

2021-06-22T12:09:51+00:00June 22nd, 2021|

June/July Newsletter Takeaways

The J.P. Morgan Global Manufacturing PMI rose from 55.0 in March to 55.8 in April, the fastest pace in 11 years, buoyed by growth in new orders, output and hiring, each of which was the strongest in at least a decade. Overall, manufacturers remain very upbeat in their outlook for production over the next six [...]

2021-06-22T12:09:52+00:00June 22nd, 2021|
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