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American Manufacturing Surges to Highest Level in More Than Four Years
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Just The News, Approved, National

American Manufacturing Surges to Highest Level in More Than Four Years

By Kevin Killough | Just the News Growth was seen in fifteen manufacturing industries, including electrical equipment, appliances and components, primary metals, transportation equipment, machinery as well as computer and electronic products. Activity in the technology sector was driven by the artificial intelligence buildout. U.S. manufacturing activity increased to its highest level in more than four years in July driven by strong order growth, according to data from the ​Institute for Supply Management.  The Manufacturing Purchasing Managers' Index increased to 55.6 last month from 53.3 in June, which was the highest since May 2022. Economists polled by Reuters had projected PMI would grow to 54.  READ THE FULL ARTICLE AT JUST THE NEWS
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Apple unveils historic $500B investment in US manufacturing, innovation
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Approved, Fox Business, National

Apple unveils historic $500B investment in US manufacturing, innovation

By. Andrea Margolis , Susan Li  | Fox Business Apple is committing $500 billion to the U.S. economy in a historic initiative, the company announced on Monday, marking "an extraordinary new chapter in the history of American innovation." Apple's 11-figure commitment will roll out over the next five years. It will involve building an advanced AI server manufacturing factory near Houston, as well as doubling the company's Advanced Manufacturing Fund from $5 billion to $10 billion. The tech giant also plans to establish an Apple Manufacturing Academy in Detroit, as well as hire 20,000 new employees with focuses on research and development, silicon engineering, artificial intelligence and machine learning. READ THE FULL STORY AT FOX BUSINESS
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