The team at New World Economics is proud to announce the inaugural edition of our new quarterly subscription report on the economic outlook for small U.S. manufacturers. Each edition addresses the short-term economic outlook as well as recent activity and business plans of the small manufacturing sector. Supply chain executives and…more
On June 23, Industry Week Magazine will host a New World Economics webinar. In this webinar, I will explain our company’s new metric of economic power. The components of the metric are the strength of economic growth, the durability of economic growth and the benefits of economic growth. All…more
Thankfully, a resurgent virus has not yet derailed the U.S. employment recovery. The gain of 1.8 million jobs in July, while significantly slower than the 4.8 million gain in June and the 2.7 million gain in May, at least shows that things are moving forward, however fitfully. Perspective has never…more
A modest improvement in global economic conditions, mostly in Asia, is supporting a recovery in U.S. manufacturing growth after an historic second-quarter 2020 crash. The Institute for Supply Management’s Purchasing Managers’ Index (PMI), a notably reliable prognosticator of short-term growth prospects in the U.S. manufacturing sector, registered a healthy 54.2…more
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