A pessimistic present and optimistic future for manufacturing

The latest Empire State Manufacturing Survey, which identifies trends across manufacturing executives, showed a deceleration of current assessments of manufacturing activity and an improvement in future assessments of manufacturing activity.

|
SoldAtTheTop
This chart shows current and future conditions of manufacturing activity since 2008. Monday’s report showed a notable deceleration of current assessments of manufacturing activity.

The Empire State Manufacturing Survey consists of a series of diffusion indices distilled from a monthly survey of New York regional manufacturing executives and seeks to identify trends across 22 different current and future manufacturing related activities.

Today’s report showed a notable deceleration of current assessments of manufacturing activity and an improvement to future assessments with the current activity index falling to a notably weak level of -10.41 while future activity improved to 27.22.

Current prices paid rose to 19.15 while current new orders weakened to -14.03 as assessments of future new orders improved to 17.02.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines – with humanity. Listening to sources – with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That’s Monitor reporting – news that changes how you see the world.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.

QR Code to A pessimistic present and optimistic future for manufacturing
Read this article in
https://www.csmonitor.com/Business/Paper-Economy/2012/0917/A-pessimistic-present-and-optimistic-future-for-manufacturing
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe