Pasadena, CA (PRWEB) March 03, 2013
The manufacturing industry grew in February for the third straight month, according to a report released Friday by the ISM. The strong numbers reflected hiring activity for machinists and technicians on ConstructionCrossing.com.
The Manufacturing Institute for Supply Management released its monthly Report on Business on Friday and found economic growth in the sector for the third consecutive month. The manufacturing PMI, an indicator of economic activity, registered 54.2 percent. This represented a 1.1 percentage uptick in February over January’s PMI reading. Any reading above 50 percent indicates an expansion of the manufacturing sector, while a reading below 50 generally represents market contraction. The fact that the index grew over the previous month indicates particularly strong growth in manufacturing.
Of the 18 manufacturing industries surveyed in the report, 15 reported growth, including Apparel, Leather & Allied Products; Miscellaneous Manufacturing, Paper Products; Electrical Equipment; Appliances & Components; Plastics & Rubber Products; Fabricated Metal Products; Furniture & Related Products; Petroleum & Coal Products; Wood Products; Printing & Related Support Activities; Transportation Equipment; Nonmetallic Mineral Products; Food, Beverage & Tobacco Products; Machinery; and Primary Metals.
February’s growth was stronger than initially anticipated, spurred by a rebounding housing market and strengthening auto industry. As business has improved, companies have begun investing in new equipment and hardware to supplement higher customer demand, resulting in the uptick in manufacturing activity. This has certainly been the case in the construction industry, as activity has hit a fever pitch in recent months and companies have been scrambling to meet consumer demand. The expansion in subsectors like Transportation Equipment and Electrical Equipment has been a reflection of this.
The manufacturing industry’s growth has resulted in an increased demand of trained operators and technicians on ConstructionCrossing.com, a leading job site for construction jobs. At the time of this release, the site found 6,973 jobs in construction. Of particular note was the demand for workers to operate construction equipment, including 106 construction maintenance jobs, 190 construction mechanical jobs, and 346 construction technician jobs. Greater investment by companies in new equipment has by necessity led to the hiring of workers with the knowledge and training to operate the machinery.
“There has definitely been momentum in the manufacturing industry this year,” said Harrison Barnes, CEO of ConstructionCrossing.com. “This has been the result of stronger activity in sectors like construction and the auto industry, as well as an overall improved economy. We’re seeing this momentum translate into businesses not just investing in new equipment, but in actively recruiting trained workers to operate that machinery.”