Wall Street Journal Survey
A Wall Street Journal survey of Small business manufacturing CEO’s in
April showed a definite feeling of optimism.
Companies with $5-9 million in sales: 58.9% increase in sales, 28.5%
remain the same, 8.9% decrease in sales. Companies with $10-20 million
in sales: 63.63% sales increase, 27.2% remain the same, and 9.1% sales
decrease. How is the Overall Economy vs a year ago: 32.3% improved,
52.8% remained the same and 14.3% worsened.
JACQUET West now stocks
310S stainless steel
JACQUET West has just brought in a few thicknesses of 310S stainless steel.
SAE 310 stainless steel is a highly alloyed austenitic stainless steel used
for high temperature application up to 2,100°F. The high chromium and
nickel content give the steel excellent oxidation resistance as well as high
strength at high temperature. This grade is also very ductile, and has good
weldability enabling its widespread usage in many applications.
310 / 310S find wide application in all high-temperature environments
where scaling and corrosion resistance, as well as high temperature
strength and good creep resistance are required.
JACQUET West is soon to be
stocking nickel alloys 400 & 625
JACQUET West has ordered inventory in alloys 400 and 625 in gauges
.25" thick up through .75" thick. Alloy 400 is alloyed copper and nickel
and perfect for seawater corrosion resistance. And Alloy 625 is a nickel-
based superalloy that possesses high strength properties and resistance
to elevated temperatures. It also demonstrates remarkable protection
against corrosion and oxidation. Its ability to withstand high stress
and a wide range of temperatures, both in and out of water, as well as
being able to resist corrosion.
Manufacturing
jobs update
Manufacturing added only 4000
jobs in April, with the net gain coming
entirely in non-durable goods.
This was in contrast to the overall
strong jobs report from the U.S. Bureau
of Labor Statistics. Total nonfarm
employment rose by 263,000
jobs in April. The US unemployment
rate dropped to 3.6% from 3.8% in
March. A more than 49 year low.
Some durable goods categories
posted gains, including semiconductors,
transportation and miscellaneous
manufacturing. While
others posted losses, including
machinery, primary metals and
motorized vehicles and parts.
Manufacturing jobs had peaked in
June of 1979 at 19.7 million jobs (not
seasonally adjusted). Then dropped
to a low of 11.34 million jobs unadjusted
in February 2010 due to
the severe recession. Most recently
they have risen to 12.83 million jobs
unadjusted as of April 2019.