The news for the state of manufacturing was a little mixed in this week's economic reports. Productivity was up--of course this is a broad measure, but it suggests that automation professionals are doing their jobs. Factory orders were down, but then sales at Ford and GM tanked after the end of their giant discount sales. I'm sure that had an impact. Meanwhile, almost all automation suppliers are reporting good results. That's encouraging.
Productivity Growth Nearly Doubled in the Third Quarter. The data, which showed that the economy was growing at a strong clip without signs of widespread inflation, surprised many analysts. By VIKAS BAJAJ. [NYT > Business]
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