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5 Ways AR is Changing the Manufacturing Industry

An offshoot of virtual reality, augmented reality — or AR — is changing the world in fun and exciting ways.

While it’s easy to assume technologies like this are the exclusive realm of recreation or video gaming, their reach extends to the commercial and industrial sectors — including the manufacturing industry.

1. Data Management

Analytical-minded leaders and those who love to work with numbers use AR for data management. Considering the vast amounts of data in the manufacturing industry today, it's a viable solution to the ever-growing problem of big data.

US Consumer Spending Weak in May, While Inflation Speeds Up

U.S consumers increased their spending just 0.2 percent in May, a disappointing result after two months of much stronger gains. Meanwhile, inflation — as measured by a gauge monitored by the Federal Reserve — rose 2.3 percent for the 12 months ending in May, the fastest reading in six years.

The Commerce Department said Friday that the tiny rise in spending last month followed much stronger increases of 0.6 percent in March and 0.5 percent in April. It was the poorest showing since spending had fallen 0.1 percent in February.

Another Motorcycle Maker Considers Moving Output Overseas

A Minnesota-based company said on Friday that it is considering moving production of some motorcycles out of the country because of European tariffs, just days after Harley-Davidson announced a similar move

A spokeswoman for Polaris Industries acknowledged that the company could move some production of its Indian Motorcycles from northwest Iowa to Poland.

"Nothing is definitive," Polaris spokeswoman Jess Rogers said. "We're looking at a range of mitigation plans."

IMT Newsletter August 27, 2018

Industrial Machine Trader Newsletter

IMT Newsletter August 20, 2018

Industrial Machine Trader Newsletter

IMT Newsletter August 13, 2018

Industrial Machine Trader Newsletter

IMT Newsletter August 6, 2018

Industrial Machine Trader Newsletter

IMT Newsletter July 30, 2018

Industrial Machine Trader Newsletter

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