US Manufacturing Slips Again

A closely-watched manufacturing indicator, the Institute for Supply Management’s PMI Index, fell in June for the third month in a row to an anemic 51.7, continuing a downward trend since last August when the Index reached a 14-year high (a reading above 50 indicates expansion).  These results were certainly influenced by the U.S.-China trade conflict

NYS Manufacturing Nosedives

The largest-ever drop in the 17-year history of the NY Federal Reserve’s Empire State Manufacturing Survey puts statewide manufacturing in negative territory this month.  The general business conditions index dropped 26.4 points to -8.6, its lowest level in over two years (a reading below 0 indicates contraction).  New Orders and Unfilled Orders were off sharply,

Moving Right Along!

Work is continuing on the entrance to our new home at Northland Central.  Since we last visited at the end of April, the concrete floor was poured, the brick wall finished, and the glass ceiling and windows installed. Once this entrance is finished, we will be moving to Northland and our new location will be

Workshop: Funding Opportunities to Develop New Technologies

FEDERAL FUNDING OPPORTUNITIES TO HELP DEVELOP NEW TECHNOLOGIES Thursday June 20th, 2019    9am-noon Burchfield Penney Art Center at SUNY Buffalo State- 1300 Elmwood, Buffalo, 14222 8:30am: Check- in and coffee Cost: No Charge (Registration Required) To register, email Dr. Susan McCartney at mccartsa@buffalostate.edu Is your firm is looking to develop disruptive technologies as the foundation

US Manufacturing Down Trend Continues

The Institute for Supply Management’s PMI Index fell to 52.1 in May, a 2 1/2-year low and below market expectations, continuing a downward trend since reaching a 14-year high last August. In the intervening 9 months, the Index has fallen 8.7 points (a reading above 50 indicates expansion). “Respondents expressed concern with the escalation in

Manufacturing is Alive and Well in WNY

More examples that manufacturing is alive & well in WNY.  The annual Business First Manufacturing Awards honored 20 area companies May 16 at Salvatore’s Italian Gardens for their contributions to the economic climate of Western New York.  Insyte Consulting is proud to have worked with many of the winners & sponsored this event.   Congratulations everyone!   2019 MANUFACTURING

Sustainability & the Supply Chain: Workshop June 26th

Sustainability & the Supply Chain Workshop Reduce Costs and Improve Supply Chain Performance Learn how environmental sustainability can increase your business competitiveness and improve your “transparency” and “traceability” for customers. Workshop Details: When & Where: Wednesday, June 26th 9:00 am- 11:30 am (8:30 am Check-in) Location: Niagara County Center for Economic Development 6311 Inducon Corporate

Maid of the Mist Goes Green

Maid of the Mist First U.S. Ferry Company to Go All-Electric During Nicolas Tesla’s time the Niagara Frontier led the country in promoting the newly available use of electric power for homes and industry.  Today a local family owned business is taking a similar leadership role in promoting renewable power to run its everyday business.

NY Manufacturing Takes a Great Leap Forward

The NY Federal Reserve’s Empire State Manufacturing Survey for May jumped 7.7 points to 17.8, its highest level in six months (a reading above 0.0 indicates growth), led by Shipments (up 7.7 points to 16.3), Unfilled Orders (up 2.8 points to 2.1) and New Orders (up 2.2 points to 9.7).  The Forward Looking Indicator, which

INSIGHTS: SPRING 2019 — PARTNER PROFILES: ART HAMLIN, JOE RIZZO AND KYLE BANKS

In this issue of Insights, we talk with Art Hamlin, director of economic development and corporate citizenship at National Grid (NG) and Joe Rizzo and Kyle Banks, manager of economic development and lead analyst of economic development, respectively, at New York State Electric & Gas (NYSEG) and Rochester Gas & Electric (RG&E). Art Hamlin has