The latest Boston Globe article reports that 350 U.S. companies have brought back 40,000 offshored manufacturing jobs to the United States over the past five years.  Nine hundred thousand U.S. manufacturing jobs have been added since the sector hit low numbers in 2010, reports the U.S. Labor Department.  The Reshoring Initiative notes 3,000 of these jobs have come from offshore locations to the Northeast, with 600 to Massachusetts....
According to the latest Bristol Press article, advanced manufacturing is flourishing in New England, particularly in Connecticut. As noted in the article, U.S. Census Bureau statistics show 60% of the jobs in New England’s manufacturing sector come from advanced manufacturing, as well as 72% of positions in Connecticut.  Advanced manufacturing is also responsible for $19.4 billion of Connecticut’s gross domestic product, the article...
As reported recently by Mobi Health News, digital health investments have brought in more than $2 billion during the first half of 2015.  These numbers, however, reflect a decrease from $2.9 billion this time last year, according to data from industry analyst Health 2.0 Market Intelligence.“Funding in 2015 hasn’t kept pace with 2014 but there’s no reason to panic,” states the report. “Early 2014 saw a handful of blockbuster deals that drove...
According to the latest Market Watch article, the mobile health market is anticipated to be valued at $49,119.2 million by 2020.Monitoring services will continue to be the dominant and fastest growing market segment with an estimated CAGR of 49.7% through 2020 and market revenue of $1,227.5 million in 2012, reports a new Grand View Research, Inc. study covered in the article.Chronic disease management was the biggest contributor to the...
According to the latest Market Watch article, the automotive oil and fuel filter market size is expected to reach $1,006.4 million by 2020.  As noted in the “Automotive Oil & Fuel Filter Market by Fuel Type, Vehicle Type, Filter Media, Market and by Region – Global Forecast to 2020” report featured in the article, the biggest market for this industry is Asia-Oceania. This region is a driving force in the automotive industry due to...
The latest mHealthIntelligence article reports that 70% of physicians favor telemedicine services over email.  Telemedicine services enable doctors to remotely track patients and their individual needs, as well communicate securely with patients about problems that may arise.In the “Telehealth Index: 2015 Physician” survey conducted by QuantiaMD and American Well, 57% of more than 2,000 primary care doctors show interest in conducting...
The latest Crain’s New York Business article reports that manufacturers continue to struggle with the lingering effects of a strong U.S. dollar and low oil prices. The drop in numbers for New York’s factory production in June reflects a weakened manufacturing sector.A manufacturing index reading above zero suggests expansion; this month, New York’s number fell to negative two, according to the Federal Reserve Bank. Crain’s reports that the state...
According to a recent Star Online article, the U.S. economy is picking up steam, with both jobs and wages experiencing increases in May.  Despite a rise in unemployment from 5.4% in April to 5.5% in May, the article states the increase was due to new college graduates entering the labor force, a sign of increased confidence in the market.There has also been growth in the form of hourly rates and payrolls, resulting in a gain of more than 32...
A new report from Tractica shows revenue from the wearable devices market in the industrial segment will reach $6.3 billion by the year 2020.  As stated in a Dazeinfo article on the research findings, the wearables market in industry is still small (1%), but is expected to grow to 17% over the next five years.The article outlines the primary drivers of wearable adoption in the industrial segment, including increased efficiency, time-savings...
A recent Economic Times business article suggests that increased U.S. business spending could prove promising for the manufacturing sector. This steady increase has been observed for the second consecutive month this past April.After a bleak first quarter, the recent growth in core capital goods provides promise that business spending could continue to climb in the forthcoming months and sustain manufacturing and the economy as a whole. ...

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