U.S. economic downturn losing steam, flash PMI data show; UK manufacturing must ‘measure up’ for a digital future; UK economy shows green shoots of recovery with growth in third-quarter likely as lockdown eases; Efforts to reshore U.S. manufacturing pick up speed. Read more from here. #usmanufacturing #ukmanufacturing #ukeconomy #manufacturing #manufacturingnews #manufacturingsoftware #mrpsoftware #mrpeasy #mrpsystem #erpsystem

1. WEEK 26 IN MANUFACTURING
NEWS

2. U.S. economic downturn losing steam, flash PMI data show; UK manufacturing
must ‘measure up’ for a digital future; UK economy shows green shoots of
recovery with growth in third-quarter likely as lockdown eases; Efforts to reshore
U.S. manufacturing pick up speed.

3. The big picture: There has been a wide range of indicators suggesting economic activity
has picked up recently, but economists are loathe to read too much into the rebound. There
is still a sense that the economy could struggle later in the year.
Source: MarketWatch
U.S. Economic Downturn Losing Steam,
Flash PMI Data Show

4. The U.S. International Development Finance Corp is talking to companies about reshoring
the manufacturing of PPE, generic drugs and pharmaceutical ingredients as part of
coronavirus response efforts.
Source: Seeking Alpha
Efforts to Reshore U.S. Manufacturing Pick
up Speed

5. A new report has been published to help UK manufacturers exploit growing commercial
opportunities and to identify future R&D priorities around measurement and control
techniques.
Source: The Manufacturer
UK Manufacturing Must ‘Measure up’ for a
Digital Future

6. The UK economy is showing its first signs of post-coronavirus growth, with figures for global
commerce this year also less severe than previously feared.
A leading monthly survey that tracks output, new orders and employment in UK
manufacturing showed a return to growth for UK manufacturing in May.
The IHS Markit/CIPS Purchasing Managers’ Index – where anything over 50 indicates growth
– was 50.1 for June in manufacturing, up from 40.7 in May, following a record low of 32.6 in
April.
Source: Institute of Export & International Trade
UK Economy Shows Green Shoots of Recovery
With Growth in Third-Quarter Likely as
Lockdown Eases

8. https://manufacturing-software-blog.mrpeasy.com/week-26-in-
manufacturing-news-2/
https://www.mrpeasy.com/