European manufacturing slips to record lows in October
The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020.Â
US manufacturing records slowest expansion pace in October
The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results.Â
China’s PMI shows manufacturing activity decline in October
The Chinese manufacturing industry’s purchasing manager index (PMI) has seen a 0.9 per cent decrease in October, indicating a shrinking market activity in the country.Â
Technology Roadmap underlines need for more innovation support in manufacturing sector
Developing new technologies and increasing cohesive support for innovation across all sectors of advanced manufacturing is vital for Northern Ireland to be more competitive on the global stage according to a report published today.
IBM unveils new USD 20 billion chip manufacturing deal
IBM today announced a USD 20 billion manufacturing investment and showcased its innovations in semiconductor design at its site in Poughkeepsie, New York. Â
Global manufacturing index declines for the first time since 2020
Business conditions in the global manufacturing sector have made a gloomy turn in September, according to JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI).
Compiled by...
Global additive manufacturing industry shows growth in Q2 2022
The global additive manufacturing sector has generated a total of $3 billion for the second consecutive quarter of 2022, according to SmarTech Analysis.
Raytheon and Northrop Grumman to manufacture world’s first air-breathing missile
Raytheon Missiles & Defense and Northrop Grumman have been selected to develop the Hypersonic Attack Cruise Missile (HACM) for the US Air Force (USAF).Â
UK manufacturers lessen growth forecast amid economic uncertainties
UK manufacturers have cut back on their growth expectations in factory output for 2023, citing huge uncertainty surrounding demand and energy prices.Â
Published today, the...
NASA announces funding for space sustainability research
NASA is backing research proposals from three university-based teams to analyse the economic, social, and policy issues surrounding space sustainability.Â
The investment is part of...
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