After soaring to new multiyear highs in each of the last few reports, the IHS Markit Flash Eurozone Manufacturing PMI declined from 57.4 in June, a level not seen since... The post Markit: Eurozone Manufacturing Slipped a bit from a 6-Year High in July; U.S. Growth Picked Up appeared first on Shopfloor.
One thing I like about Facebook is the way it reminds you about things that happened on this date in previous years. Facebook is reminding me these days about different milestones related to the publication of the book Healthcare Kaizen...Show More Summary
Real GDP grew 1.4 percent in the first quarter, pulled lower by weak inventory spending and softer-than-desired consumer spending. At the same time, business investment was a bright spot in... The post Manufacturing was the Largest Industrial Contributor to Real GDP in the First Quarter appeared first on Shopfloor.
Here’s the latest installment of “Key Tweets,” a (usually) weekly post that summarizes some of my tweets (or retweets) from the week, including pictures and other interesting stuff. You can follow me @MarkGraban and join the fun and the conversation, but you don’t need a Twitter account to view any of this. Show More Summary
The Senate Finance Committee today approved the nomination of tax expert David Kautter to be Assistant Treasury Secretary for Tax Policy, clearing the way for Senate confirmation of the nominee... The post Senate Taxwriters Advance Nomination of Top Treasury Tax Official appeared first on Shopfloor.
The Federal Reserve Bank of Philadelphia said that manufacturing activity continued to expand strongly in July. With that said, the composite index of general business activity decreased from 27.6 in... The post Philly Fed: Manufacturing Continued to Expand Strongly in July appeared first on Shopfloor.
Americans appear to be more optimistic about growth in recent months, and manufacturers are no exception. New results from the NAM Manufacturers’ Outlook survey show manufacturers’ optimism rose to a... The post Manufacturers’ Optimism Continues in the Second Quarter appeared first on Shopfloor.
Every month or two, Greg Jacobson, MD and I have an “Ask Us Anything” video discussion with questions submitted by members of our KaiNexus community. You can register for our next episode, number 14, which we’ll hold on August 15th. The registration process will allow you to ask a question, if you like. Show More Summary
The Census Bureau and the U.S. Department of Housing and Urban Development said that new housing starts rebounded in June after a soft spring. New residential construction rose from an... The post Housing Starts Rebounded in June after a Soft Spring appeared first on Shopfloor.
The National Association of Home Builders (NAHB) and Wells Fargo reported that the Housing Market Index continued to reflect strength despite slipping once again in July to its lowest level... The post Home Builder Confidence Slipped in July but Remained Elevated appeared first on Shopfloor.
My guest today for episode #284 of the podcast is Dr. Margaret (Margie) Balfour, the lead author of an article, published in the The Joint Commission Journal on Quality and Patient Safety, titled “Using Lean to Rapidly and Sustainably...Show More Summary
I'm excited to be attending the annual Lean Coaching Summit today through Thursday in Austin. If you're there, please say hi! Today, I've registered to take a class on a topic that I've taken an interest in over the past few years: "Motivational Interviewing," or MI for short. Show More Summary
“Don’t forecast that you can calculate.” This rule proves best-fit in manufacturing industry, where estimating the accurate amount of raw material for meeting the current demand is always a challenge. Underestimating can lead to short of sales, causing customers to seek somewhere else. Whereas, overestimating can lead to money wastage. As a matter of fact, […]
Improving the international climate for trade and commerce is an immediate focus for world leaders, with major discussions at the recent Hamburg-hosted G20 summit and within the Trump Administration. The... The post Manufacturers Work to Improve Climate for International Commerce appeared first on Shopfloor.
The Empire State Manufacturing Survey said that growth in manufacturing activity softened in July after rebounding in June. The composite index of general business conditions declined from 19.8 in June,... The post New York Fed: Manufacturing Activity Growth Softened in July after Rebounding in June appeared first on Shopfloor.
Last week, I ran an experiment. I set up a two-hour block on Friday afternoon that I labeled as “Office Hours,” where followers on Twitter or LinkedIn (as I posted there) could schedule a 10- to 30-minute phone call to talk about topics...Show More Summary
I've produced A LOT of content about Kaizen and continuous improvement over the past 11 years, including podcasts and webinars. Somebody asked me to build a "curriculum" and a sequence of podcasts and webinars for people to watch as a way of getting educated about this approach. Show More Summary
The Federal Reserve said that manufacturing production rebounded somewhat in June, up 0.2 percent, after falling in two of the three prior months. Overall, springtime production in the sector was... The post Manufacturing Production Rebounded Somewhat in June appeared first on Shopfloor.
The Bureau of Labor Statistics said that consumer prices were unchanged in June. Energy prices were down 1.6 percent, falling for the fourth time in the past five months, with... The post Consumer Prices Unchanged in June, Continue to Decelerate Year-over-Year appeared first on Shopfloor.
The U.S. consumer appears to be more cautious than we would expect, with disappointing retail sales figures once again in June, falling for the second straight month, according to the... The post Retail Sales Disappointed Once Again in June appeared first on Shopfloor.