October housing starts exceed expectations with new construction surging

November 17, 2017
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By Scott Volling Today’s release of new residential construction data for October reflects strength in both starts and permits. Both metrics exceeded expectations, with starts coming in 8.9% above consensus at 1,290,000 and permits equally strong at 1,297,000, 4.6% above consensus. Combined, these are the strongest numbers we have seen since October of last year […]

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Digital trust and the smart factory: Guarding the gates and opening the frontier

November 17, 2017
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By Bill Hull Open your browser, search for industrial products (IP) , and you’ll see image after image of gears, fittings, and heavy machinery – the go-to visual shorthand for heavy manufacturing. But behind those images are other realities: artificial intelligence, sensors, robots and cobots, 3D printers, intelligent machinery, and Internet of Things networks – […]

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Tax reform implications for manufacturers

November 13, 2017
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By John Livingstone It has been a busy ten days for tax executives and practitioners as they review the relevant provisions in the tax reform legislation taking shape right now in the US House and Senate, and more significant developments are expected in the coming days. The House and Senate are each crafting their own […]

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All eyes on shared mobility

November 9, 2017
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By Ray Telang and Brandon Mason How technology is dramatically transforming the auto industry The technological transformation underway in the global auto industry will bring about unprecedented and relatively rapid change to nearly every aspect of the market. The future belongs to “shared mobility,” with connected and self-driving vehicles populating the roadways and leading to […]

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REVVED UP: Venture Capital Investment in Auto Tech Speeds Up in Q3

November 2, 2017
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By Ray Telang We can hardly go a week without hearing about new innovations in the automotive industry. A perfect illustration of this is the sharp rise in “Auto Tech” venture capital (VC) funding that we saw in Q3 2017. What is Auto Tech, Really? At the core, Auto Tech is defined as new technologies […]

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Manufacturing continues to grow, but at a slower pace

November 1, 2017
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By Bobby Bono and Mike Goulet US manufacturing continued to grow in October for the 14th straight month, but at a slower pace, according to the Institute for Supply Management (ISM). The October Purchasing Manager’s Index (PMI) for manufacturing dropped 2.1 points to 58.7 from the previous month’s index of 60.8. While the drop is nearly a […]

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Aerospace & Defense M&A Takes Off in Q3 2017

October 26, 2017
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By Scott Thompson For the third quarter of 2017, A&D saw $44 billion in deal value. After three quarters, 2017 is already a record year for aerospace & defense M&A.  Year-to-date deal value as of September 30, 2017 was $62 billion, equaling the record for the full year of 2015.  2017 was already above average […]

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September housing starts low, reflecting hurricane impact

October 18, 2017
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By Scott Volling Housing starts and permits came in below consensus in September, particularly in the South, likely reflecting the impacts of Harvey and Irma. September starts came in at a seasonally adjusted rate of 1,127,000, 4% below consensus and 6.1% above a fairly weak September number last year. Permits were 1,215,000, 2.4% below consensus and 4.3% […]

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What are the major obstacles industrial manufacturers face in implementing digital initiatives?

October 17, 2017
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By Bobby Bono The primary barrier to implementing digital initiatives is a lack of properly skilled teams, which was cited by 26% of the industrial manufacturing respondents in our latest Digital IQ® study. Other key barriers (each cited by 22% of industrial manufacturing respondents) to achieving expected results from current digital technology investments include ineffective […]

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For industrial manufacturers, does understanding “digital” translate into action?

October 10, 2017
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By Bobby Bono For industrial manufacturers, does understanding “digital” translate into action? Not exactly. More than half of industrial manufacturing executives have a comprehensive view of what it means to be “digital.” They appreciate that digital is a large part of technological innovation, reaching well beyond traditional IT. But an adoption lag remains. According to […]

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