This chart is from a study conducted by Indeed.com comparing interest in job sectors pre-pandemic (Feb 1st, 2020) to interest in those positions today. Civil Engineering has seen the biggest increase in interest while Loading & Stocking jobs have had the biggest decline in interest from job seekers. Advertised wages are the biggest driver of
From at least 1997 to the present manufacturing as a percentage of total US GDP has been falling. But the total output in dollars has been growing. And since 2010 employment in manufacturing has been rising steadily. Employment in manufacturing is clearly not what it used to be in the US but still plays a
US car production has recently dropped to 1.4 million units in June 2021, a low point in a long decline since the 1970s. Competitors around the world have been taking making share and American manufacturers have also been outsourcing production to save money. The chip shortage in recent times has slowed down production further. Read
Global steel production saw a 10.6% decrease in October 2021 compared to October 2020. Steel production in North America was up 16.9% versus October 2020, but Asia Oceania pulled down the index with a 16.6% drop in production compared with October 2020. And the bulk of the Asia Oceania change can from China whose production
Read Full Story on Bloomberg Forklift batteries are transitioning from lead acid to lithium ion. As production in North America increases prices for lithium ion batteries should drop and adoption will grow. Electric vehicle lithium ion battery production should be a good indicator of what’s coming down the road for forklift batteries.
If you’re currently shopping for a forklift you might be wondering what the right lift is for your operation. Even if this isn’t your first forklift you still might be asking yourself if there is a better type of forklift that can help your operation be more efficient.You may also need more than one type
Here are some easy maintenance tips that will help you get the most life out of your lead-acid forklift battery. Lead-acid batteries have a limited life which can be shortened by poor maintenance, incorrect charging, and harsh operating conditions. But with a few easy maintenance tips you can make your battery last as long as
Globally, the number of new industrial trucks sold dropped 7% in the first half of 2020 compared with 2019. The EMEA region (western Europe, eastern Europe, Middle East, Africa) had the largest decline in new orders, seeing a drop of 16.4 percent. The Americas region (North, Central, and South America) were the next hardest hit
General OverviewWorldwide economic growth in 2019 slowed to 2.9% from 3.6% in 2018. Economic uncertainties such as trade disputes among the United States, China, and the European Union, Brexit, and economic cycles in China and India led to increased unwillingness to invest from the world’s companies.According to KION Group, the world’s second largest lift truck
Required minimum distributions from traditional retirement accounts have been extended from age 70.5 to 72. That means savers can delay paying taxes on their retirement savings for another 18 months. This change takes affect January 1, 2020.