Any move by the Federal Reserve that keeps the economy growing at or above its current pace would spur additional investment in manufacturing technology given the currently elevated capacity utilization levels.

This article will explore how demand for automation responded to historic shifts, the impact on manufacturing jobs, and what impacts these shifting trends have had on productivity.

In much the same way that the Fed was able to reduce interest rates in 1995 to allow the economy to continue expanding for the remainder of the decade, today’s Fed may be engineering a so-called “soft landing,".

In a widely anticipated move, the Federal Reserve slashed the federal funds rate by another 25 basis points to a target range of 4.5% to 4.75%. The manufacturing technology industry may find itself at the beginning of a strong market.

Today the U.S. Bureau of Economic Analysis released their first estimate of GDP for the third quarter of 2024. According to the first estimate, GDP grew 2.8% at an annualized rate.

Now that IMTS is over and the Fed has cut interest rates, what's next for manufacturers? Find out at MTForecast, Oct. 9-11 in Schaumburg, Illinois. Get the expert insights, market forecasts, and networking opportunities to create a winning business plan.

In a highly anticipated move, Federal Reserve Chair Jerome Powell announced the target rate would be cut 50 basis points, bringing the federal funds rate to a 4.75% to 5% target range.

How will 2024 end with respect to the economy? What will 2025 look like? Will the presidential election affect the outlook?

Today, Fed Chair Jerome Powell gave the most concrete signal yet that interest rate cuts are on the horizon at his Jackson Hole press conference. For manufacturers closely watching the developments and anticipating IMTS 2024, the outlook is promising.

Conference provides economic guidance, networking, and more for manufacturing leaders.