It’s no secret that labor has been challenging manufacturers for the past several years. The world, workers and expectations have changed. While the manufacturing industry has rebounded from about 1.4 ...
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--Healthy growth in demand for manufactured goods and services, as well as year-over-year increases in production capacity, revenue, and shift work, ...
The survey reveals major trends in what challenges and opportunities manufacturers anticipate in 2026: Sixty-nine percent plan to invest in physical assets such as robots and equipment. Forty-seven ...
Despite year-over-year improvements in production capacity, revenue and shift work, 76% of manufacturers said they’re still struggling to fill critical labor gaps, and 66% said it’s taking longer to ...
Direct manufacturing labor costs are associated with the laborers in your factory who work on the goods you're manufacturing directly. It's important to measure this cost for a small business, because ...
President-elect Donald Trump has downplayed warnings that his pledge to impose sweeping tariffs on imports may send inflation spiking again. The far bigger concern, he has insisted, is his plan’s ...
The worker shortage in manufacturing has been exacerbated by the 2020 COVID-19 pandemic, which erased over a decade of job gains in the manufacturing sector, eliminating more than 1.4 million ...
The talent gap has been a problem for manufacturers for at least 30 years now. More recently, it has become a problem for those concerned about children’s welfare: Driven by demand for workers, low ...
There are two different types of labor costs -- direct and indirect. The two labor cost metrics, in the manufacturing sectors, are based on the labor required to produce products versus labor ...
Perceptions of dirty, smoky work environments are not the reality of the digital-manufacturing industry. Since reaching a high-water mark in March 2015, the U.S. has lost 68,000 durable manufacturing ...