A recent report by www.CNNMoney.com shows that manufacturing growth is continuing, although at a slower pace than in previous months.
Citing information from the Institute for Supply Management (ISM) index, the article states that even though manufacturing’s numbers in July were lower than in June, they still represent 12 consecutive months of manufacturing growth. The index also showed that of the 18 manufacturing industries surveyed by the ISM, 10 showed growth, including plastics, rubber, electrical equipment, and appliances.
Perhaps the best news to come from the index, though, is that there was a notable jump in hiring. This shows a continuation of trends FoxHire previously reported on this blog: that manufacturing was leading the way in job growth and that manufacturing/engineering is one of the hottest areas in contract staffing.