The Council of Industry Blog
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The Council of Industry has been the manufacturer's association of the Hudson Valley since 1910. We are a privately funded not-for-profit organization, whose mission is to promote the success of our member firms and their employees, and through them contribute to the success of the Hudson Valley Community.
The Council of Industry Blog
1y ago
OnSolve Global Risk Impact Report: “Black Swans” are Flying Lately it seems that black swans swoop in from every direction on a regular basis—pandemic, fire, drought, social unrest, war. Resilience has replaced efficiency as the watchword of the day. But wasn’t it always this way? Well, no. A new report out Tuesday from OnSolve analyzed a ..read more
The Council of Industry Blog
1y ago
Pattern Report: Rental Housing Remains Unaffordable for Average Residents Across the Hudson Valley The report found that a single person making average wages cannot afford rent and modest living expenses in any of the counties. A renter making average wages falls short of their bills by $336 to $2,908, depending on the county in which ..read more
The Council of Industry Blog
1y ago
New York Lifts Mask Mandate for Public Transit, Correctional Facilities, Shelters – Bivalent Boosters Available New Yorkers are no longer required, but still encouraged, to wear masks on subway trains, correctional facilities, detention centers and homeless shelters, Gov. Kathy Hochul announced Wednesday. Masks, however, must still be worn in health care settings and adult care ..read more
The Council of Industry Blog
1y ago
Mfg Day is October 7th – One Month Away MFG Day is manufacturing’s biggest annual opportunity to inspire the next generation to start careers in modern manufacturing through a series of focused events to promote manufacturing to students, parents and educators on the first Friday of October continuing throughout the rest of the month. Manufacturers ..read more
The Council of Industry Blog
1y ago
Covid-19 Booster Shots Targeting Omicron Authorized, Likely to Be Offered Soon U.S. health regulators cleared use of retooled Covid-19 vaccines that target the latest versions of Omicron, in preparation for a fall booster campaign that could start within days. The action by the Food and Drug Administration on Wednesday permits people 12 years and older to ..read more
The Council of Industry Blog
1y ago
PPI = 8.7 Better, But Not Great The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, according to a Bureau of Labor Statistics report Wednesday. Excluding food, energy and trade services, core PPI increased 0.2%. Economists surveyed by Dow Jones had been expecting headline PPI to decline 0.1% and ..read more
The Council of Industry Blog
1y ago
CPI = 8.3, Stocks Tank, Rates Rise as Fed Increases More Likely The Consumer Price Index (CPI) in August reflected an 8.3% increase over last year and a 0.1% increase over the prior month, the Bureau of Labor Statistics reported Tuesday. Economists had expected prices to rise 8.1% over last year and fall 0.1% over last month ..read more
The Council of Industry Blog
1y ago
Model: Inflation Showed Signs of Easing in Several Industries in August Looking ahead to a government inflation report to be released on Tuesday, many Wall Street analysts estimate the Labor Department’s overall consumer-price index was unchanged or dropped in August from July. If so, it would mark the second straight month of slower inflation since annual inflation ..read more
The Council of Industry Blog
1y ago
Mfg Day is October 7th – One Month Away MFG Day is manufacturing’s biggest annual opportunity to inspire the next generation to start careers in modern manufacturing through a series of focused events to promote manufacturing to students, parents and educators on the first Friday of October continuing throughout the rest of the month. Manufacturers ..read more
The Council of Industry Blog
1y ago
August Jobs Report: US Adds 315,000 Jobs, 22,000 in Manufacturing Manufacturing employment trended up in August 2022. According to the latest report from the Bureau of Labor Statistics at the Department of Labor, the U.S. manufacturing sector hired 22,000 more people in August, mostly in the durable goods industries. The Bureau reported that manufacturing has ..read more