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Prospects for atomically precise manufacturing raise many questions, as I know from giving talks on the subject to both technical and general audiences.
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Manufacturing raised its production by 0.3percentt last month after a rise of 1percentt in January.
The data on manufacturing raises "the likelihood of a rate cut tomorrow," Stella Wang, an analyst at Nomura, wrote in a note to clients.
As better manufacturing raises quality, more products are becoming commodities, while tougher competition and the growth of private labels are leading to shorter shelf lives for even the most innovative goods.
Taiwan's exports, now led by high-technology and machinery manufacturing, raised the island's gross domestic product to about $425 billion in 2010, putting it among the world's top 20 economies on a purchasing power parity scale.
Williamson argues that "although the three PMI surveys collectively indicated that the economy is still on course to have grown by 0.8 per cent again in third quarter, buoyed by faster growth in services and construction, the slowdown in manufacturing raises concerns that the wider economy may also weaken in coming months".
CNN's flagship business-news programme, Lou Dobbs Tonight, which you might expect to strive for economic literacy, has embarked on a rabidly anti-trade editorial agenda, with its host greeting every announcement of lost jobs as akin to a terrorist assault.The fact that foreign competition now impinges on services as well as manufacturing raises no new issues of principle whatever.
BrightMachines, which focuses more on manufacturing, raised $179 million in October.
In contrast to smart manufacturing that is becoming state-of-the-art in industry at the moment, cloud manufacturing raises still a number of research questions.
Food manufacturing raises the additional concerns of food safety, prevention of deliberate contamination as well as inadvertent contamination, and the safety of visitors.
The group, called Voodoo Manufacturing raised $300,000 to build their 3D printing shop and are currently profitable, a testament to the power of making things quickly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com