Economy

Have you heard of lifting magnets? If so, you might be wondering how they work. Lifting magnets produce the same magnetic field as all other magnets. They are known as “lifting magnets,” however, because they are designed specifically to lift … Read More

Manufacturing is one of the country’s most vital sectors. It adds trillions of dollars to the U.S. Gross Domestic Product (GDP) while also providing millions of jobs to Americans in the process. But different cities have different growth rates for … Read More

A new survey has found that most Americans prefer to buy local, U.S.-manufactured products. Released earlier this month by the market research firm Thomas, the Manufacturing Perception Report found that 44.96% of Americans say made-in-America products are of superior quality … Read More

In case you didn’t get the memo, Oct. 5 was National Manufacturing Day. Held annually on the first Friday in October, National Manufacturing Day is designed to celebrate the American manufacturing industry and the significant role it plays in the … Read More

A new survey conducted by Leading2Lean has revealed how Americans perceive the country’s manufacturing industry. According to the survey, 70% of Americans think the industry is declining, and slightly more than half of Americans believe manufacturing companies are cutting jobs. … Read More

The American manufacturing industry is looking for new workers. While this sector has always been a core component of the nation’s economy, a recent report has surpassed even the most optimistic analysts’ expectations. According to a Bureau of Labor Statistics … Read More

From cutlery and outdoor furniture to building frames, bolts, screws, bridges and more, steel is a versatile material that’s used in a wide variety of applications. Classified as an alloy featuring iron and carbon — as well as other elements, … Read More