‘This is homegrown:’ Made in Florida, $2M RVs and today’s challenges
Read full article: ‘This is homegrown:’ Made in Florida, $2M RVs and today’s challengesYou've heard it before: Manufacturing in the U.S. is a thing of the past. It's all been outsourced - gone overseas for good. But in Sanford, Florida, one luxury RV manufacturer is proving otherwise.
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US manufacturing improves in July, future clouded by virus
Read full article: US manufacturing improves in July, future clouded by virusThe Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. The index dipped below 50 in March, indicating a recession in manufacturing as the coronavirus pandemic shut down factories. Timothy Fiore, chair of the ISM manufacturing survey committee, said it was encouraging that positive comments from survey participants were running two to one ahead of more cautious comments. Of 18 manufacturing industries, 13 reported growth in July led by wood products and furniture and related products. We expect manufacturing to grow gradually ahead with botched management of the pandemic and ongoing virus-related uncertain set to constrain activity.