Frustration with Washington continues to hang like a cloud over manufacturers; however, U.S. manufacturers are overwhelmingly optimistic about the outlook for their businesses, according to the 3Q 2014 NAM/IndustryWeek Survey of Manufacturers.
Manufacturing production will grow 3.4% in 2014, outstripping the broader U.S. economy, and will pick up the pace in 2015, according to the latest quarterly outlook report from the MAPI Foundation....More
The 112.1% year-on-year increase in ODI announced by the commerce ministry was a dramatic contrast to the 14% fall in FDI, which sank to $7.20 billion. Both sets of figures exclude investment in financial sectors....More
Business expansion remains high with 62% of the respondents saying they expect their companies in Thailand to expand, a dip since last year’s 75%, but the profit outlook remains strong with 82% expecting increased profits....More
At an IMTS 2014 booth chock full of the precision cutting heads Seco Tools is best known for, CEO Lars Bergström spent a good part of his briefing with reporters discussing not hardware but software and culture....More