Manufacturing By The Numbers

Manufacturing by the Numbers: August 2023

Sept. 4, 2023
Plus, the manufacturing industry has added 41,000 jobs since February 2023.

The old adage ‘you can't manage what you can't measure’ has never been truer, especially in the industrial sector. Having the right data about your plant, your business, and the industry in general is essential if you want your company to thrive. This monthly roundup highlights the reports, studies, surveys, and insights that are impacting the manufacturing industry. Here are this month’s stats.

In July, economic activity in the manufacturing sector contracted for the ninth consecutive month, registering 46.4%

Institute for Supply Management
Manufacturing ISM Report On Business

New orders for manufactured goods increased in June by $13.4 billion or 2.3% to $592.0 billion

U.S. Census Bureau
Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders

New orders of manufacturing technology totaled $411.3 million in June 2023, up 12.6% over May 2023

AMT – The Association For Manufacturing Technology
U.S. Manufacturing Technology Orders Report

The manufacturing industry has added 41,000 jobs since February 2023

U.S. Bureau of Labor Statistics
Employment Situation Summary

U.S. durable goods orders decreased $15.5 billion or 5.2% to $285.9 billion

U.S. Census Bureau
Monthly Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders

Manufacturing activity in New York State fell 20 points in August

Federal Reserve Bank of New York
Empire State Manufacturing Survey

Total industrial production increased 1.0% in July, with manufacturing output rising 0.5%

U.S. Federal Reserve
Industrial Production and Capacity Utilization

About the Author

Alexis Gajewski | Senior Content Strategist

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Alexis also authors “The Lighter Side of Manufacturing,” a blog that highlights the fun and innovative advances in the industrial sector. 

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