01/20/2022 – PMPA Weekly News Vol 26, Issue #3

1factory – Milpitas, CA
Primary Contact: Nipun Girotra

Aviva Metals – Houston, TX
Primary Contact: Norman Lazarus

Genevieve Swiss Industries – Westfield, MA
Primary Contact: James Gosselin

Mazak Corporation – Florence, KY
Primary Contact: Terry Peer

Schwanog– Elgin, IL
Primary Contact: Holger Johannsen

Conroe Machine – Conroe, TX
Primary Contact: Spencer Chollar

SMW Autoblok – Wheeling, IN
Primary Contact: Larry Robbins

M & M Quality Grinding – Chicago, IL
Primary Contact: Susie Muthana

Edge Technologies – Maryland Heights, MO
Primary Contact: Kevin Meehan
 

On an unadjusted basis, final demand prices moved up 9.7 percent in 2021, the largest calendar-year increase since data were first calculated in 2010. The index for final demand goods moved down 0.4 percent in December, the first decrease since falling 2.8 percent in April 2020.
Link: https://www.bls.gov/news.release/pdf/ppi.pdf

Industrial and Manufacturing Production
Industrial production declined 0.1 percent in December with Losses of 0.3 percent for manufacturing from November, dropping back  from November’s 0.6% increase, which was the highest since December 2018. At 101.9 percent of its 2017 average, total industrial production in December was 3.7 percent higher than it was at the end of 2020 and 0.6 percent above its pre-pandemic (February 2020) reading.
 
Manufacturing production declined 0.3 percent in December but was up 3-1/2 percent over the past 12 months; in the fourth quarter, factory output rose nearly 5 percent at an annual rate. The index for motor vehicles and parts stepped down 1.3 percent in December and was about 6 percent lower than its year-earlier level. Excluding the motor vehicle sector, factory output dipped 0.2 percent, with similarly sized decreases for durables and nondurables.
Link: https://www.federalreserve.gov/releases/g17/Current/g17.pdf