NYS Manufacturing Mirrors National Drop-off

The New York Federal Reserve’s January Empire State Manufacturing Survey fell 7.6 points from last month to 3.9, mirroring a sharp drop in the latest national PMI Index from the Institute for Supply Management and global index from IHS Markit.  The index was still positive, indicating that manufacturing “grew slightly,” according to the Empire State

Tactics to Increase Efficiency on the Manufacturing Floor

One of our roles at Insyte Consulting is to help raise the competitiveness of Western New York manufacturers.  In the spirit of doing so, we will occasionally bring articles your attention which may be useful in the management of your business. Below is a link (click on photo) to an article which appeared in Manufacturing.net,

American Manufacturing Stumbles in December

The Institute for Supply Management’s PMI Index, a closely watched indicator of manufacturing activity nationwide, fell 5.2 points in December, its largest drop in over 10 years.  The PMI Index now stands at 54.1, its lowest level in two years, down 7.3 points since August when it reached a 14-year high of 61.3.  A reading

NY Manufacturing Cools in December

The New York Federal Reserve’s Empire State Manufacturing Survey for December weakened from last month but still indicated growth.  The General Business Conditions Index fell 12.4 points to 10.9 (a reading above 0 indicates expansion) with New Orders, Shipments and Unfilled Orders all falling from their November levels while Number of Employees was up 12

Despite Tariffs, U.S. Manufacturing Strong

The Institute for Supply Management’s PMI, a closely-watched manufacturing measure, rose to 59.3 for November signaling continued strong growth.  New Orders, Production and Employment all increased, while Prices dropped 10.9 points to 60.7, though still “indicating higher raw materials prices for the 33rd consecutive month.”  Overall, 13 of 18 manufacturing sectors reported growth with only

NYS Manufacturing Climbs

“Manufacturing firms in New York State reported that business activity continued to expand strongly,” according to the Federal Reserve Bank of New York’s Empire State Manufacturing Survey for November.  The General Business Conditions Index climbed to 23.3, up 2.1 points from last month (a reading above zero indicates expansion).  The Six-Month Outlook also improved by

Armistice Day’s 100th Anniversary

One hundred years ago this November 11th the “war to end all wars” came to an end.  The armistice treaty was signed by the Allies and Germany at Compiègne, France and the truce went into effect on Nov. 11, 1918, at the 11th hour of the 11th day of the 11th month. The U. S.

This Veterans Day Take a Moment to Remember the Sacrifices Made by the Greatest Generation

Our Bob Kosobucki is currently taking a three-month sabbatical in France attending a French immersion school. His passion is the French language and culture.  During his trip he has kept us abreast of his travels visiting historical sites by sending pictures and descriptions of what he has seen.  Recently he visited the peaceful beaches of

U.S. Manufacturing Edges Down in October

The Institute for Supply Management’s October PMI was down 2.1 points to 57.7 compared to September’s PMI of 59.8.  Although the number was slightly below analysts’ expectations, manufacturing still grew in October (a reading above 50 indicates expansion).  New Orders were down 4.4 points to 57.4, the lowest reading in 18 months, but still indicative

WNY Manufacturing Trending Above U.S.

The Institute of Supply Management – Buffalo’s PMI Index climbed to 81.6 in September from 73.1 in August, its fourth increase in the last five months.  The Buffalo area index topped the well-known national ISM index for the 17th time in the last 18 months, suggesting that manufacturing grew faster in our area than in