The latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York has been released. As usual, the report is a bit if a mixed bag. On the bright side, the new orders index climbed to 21.3, its highest level in several years, pointing to a substantial increase in orders. Unfortunately, the unfilled orders index rose to 14.2, its highest level in more than a decade, and delivery times lengthened. We’ve heard similar reports one-on-one from our members, who say that the cause is their inability to find enough skilled workers to fill open positions and shifts.
Meet the people behind the products. From semi-conductors to Jet engine turbines – from apple pie filling to smoked salmon – from cosmetics to high definition micro displays – Council members make the products that make the world run. Through our podcast we introduce listeners to the people who own, work in, and support these businesses, businesses that together are the Council of Industry. We learn about their products and career paths. We learn about their leadership styles and their passion for their work. We learn about their challenges and their opportunities. In the process we learn more about manufacturing and why it is such a vital sector of our economy- vital to our region’s prosperity, our security and our future.