Member Briefing December 1, 2025

Posted By: Harold King Daily Briefing,

US Core Capital Goods Orders And Shipments Soar In September

New orders for key U.S.-manufactured capital goods surged in September and shipments of these goods increased solidly, cementing economists' expectations that economic growth accelerated in the third quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, jumped 0.9% after an upwardly revised 0.9% increase in August, the Commerce Department's Census Bureau said on Wednesday.

Shipments of core capital goods soared 0.9% after dipping 0.1% in August. There have been wild swings in core capital goods orders this year as businesses responded to President Donald Trump's sweeping import duties. Business spending on equipment increased at a robust pace in the first half of the year. Orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, rose 0.5% in September after advancing 3.0% in August. Nondefense aircraft and parts orders fell 6.1%, though Boeing reported on its website that it had received 96 aircraft orders compared to 26 in August.

Read more at Wells Fargo

US Business Inventories Unexpectedly Flat In August As Stocks At Retailers Fall

U.S. business inventories were unexpectedly unchanged in August, with stocks at retailers falling amid strong sales. The unchanged reading in inventories reported by the Commerce Department's Census Bureau on last week followed a 0.1% gain in July. Inventories are a key component of gross domestic product and one of the most volatile. They increased 1.1% year-on-year in August. The report was delayed by the recently ended 43-day shutdown of the government.

  • Retail inventories fell 0.1% in August, instead of being unchanged as estimated in an advance report published in September. They rose 0.1% in July.
  • Motor vehicle inventories fell 0.5%, rather than declining 0.4% as previously reported. They rose 0.2% in July.
  • Retail inventories excluding autos, which go into the calculation of GDP, were unchanged. They were previously reported to have increased 0.3%.
  • Wholesale inventories were flat in August as were stocks at manufacturers.
  • Business sales rose 0.2% in August after increasing 1.0% in July. Sales at retailers advanced 0.5%. At August's sales pace, it would take 1.37 months for businesses to clear shelves, unchanged from July.

Read more at Reuters

Home Buyers Cashing In On Big Price Cuts: Zillow

Home buyers across the United States are cashing in on record-level price reductions. The typical U.S. listing saw $25,000 in cumulative price cuts in October, according to a new Zillow analysis. According to the real estate platform, typical price cuts remain near $10,000, but multiple price reductions are becoming more common as homes take longer to sell. “These discounts are bringing more listings in line with buyers’ budgets and helping fuel the most active fall housing market in three years. Patient buyers are reaping the rewards as the market continues to rebalance,” Kara Ng, a Zillow senior economist, said.

The markets seeing some of the biggest price cuts also happen to be some of the most expensive, such as Los Angeles at $61,000 and New York at $50,000. But buyers in less expensive markets are also reaping the benefits, as smaller cuts can represent a bigger relative discount in places like Pittsburgh, Austin and Houston.

Read more at The Hill

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New York Employers Face Increases in Wage Requirements in 2026

The minimum wage in New York State is set to increase to $17.00 in New York City, Long Island, and Westchester County and to $16.00 for employees in the rest of the state, beginning January 1, 2026, along with several other wage credit adjustments affecting employers. After 2026, the minimum wage will adjust for inflation based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the Northeast Region. Since January 1, 2024, the minimum wage rate for non-tipped fast food workers at chain restaurants (those with more than thirty locations nationally) has been the same as that of other non-tipped workers.

Employees who work in an “[e]xecutive” or “administrative” capacity and who are paid a “salary” not less than the thresholds set by state regulations may be exempt from the state’s overtime pay requirements. The thresholds are again set to increase for both downstate and upstate employees, under a three-year increase set by the New York Department of Labor. Effective January 1, the thresholds will increase:

  • New York City, Long Island (Nassau and Suffolk Counties), and Westchester County: $1,275.00 ($66,300 per year), up from the current $1,237.50 per week
  • Remainder of New York State: $1,199.10 per week ($62,353.20 per year), up from $1,161.65 per week

Read more at Ogletree Deakins

Recalibrating What’s Realistic For New York’s Clean Energy Future

City & State New York presented its annual Energy Infrastructure Summit at lower Manhattan’s Museum of Jewish Heritage on Nov. 20, gathering public officials, private sector partners and nonprofit leaders to discuss major obstacles and how New York state can rise to meet growing demand for clean, reliable and affordable utility service. keynote speaker Rory Christian, chair and CEO at the state Public Service Commission said the public also has a growing appetite for clean energy and reiterated the PSC’s commitment to providing affordable, safe and reliable utility service for New Yorkers, while also seeking ways to innovate.

There are also challenges for the commission that remain pertinent, even preceding the Trump administration. “(For) the last twenty years, our efforts to promote energy efficiency have meant little to no load growth. Today, across the state (and country), the need for electricity is growing sharply,” he said. Christian warned that if forecasts become reality, demand for electricity will far outpace supply at unprecedented levels. Following Christian’s remarks were a series of thematic panels. The first panel centered around reimagining New York’s energy infrastructure goals, with panelists proposing initiatives such as natural gas bans, grid modernization and climate-resilient design that can play a critical role in the state’s efforts to meet surging demand for resilience, sustainability and environmental equity.

Read more at City & State

A Breakdown Of The Investigation That Led ICE Agents To Raid The Cato Nutrition Bar Factory

Newly obtained affidavits lay out how an eight-month federal investigation unfolded and led to a September immigration raid of Nutrition Bar Confectioner’s factory raid in Cato, in Cayuga County. The affidavits show that tip calls traffic stops by the Oswego County Sheriff’s Office and surveillance of the facility guided their investigation. “Law enforcement has obtained statements from individuals who work and/or worked for Nutrition Bar Confectioners and said that they were not asked for or and did not provide any employment documentation. Some of these individuals were also in possession of payroll checks and W-2s that contained fraudulent security numbers,” the affidavit said.

The document details a Feb. 24 traffic stop conducted by an Oswego County Sheriff’s deputy of Ramon Rosa Caceras-Caceras in Hannibal. The deputy issued a traffic ticket for driving across a hazard marking, and Caceras-Caceras provided the deputy with a New York state learner’s permit. “Shortly after the stop, the Oswego County Sheriff’s Deputy contacted the Oswego Border Patrol Station for assistance with Caceras-Caceras and it was determined that he was illegally present in the United States,” the affidavit states. When authorities searched his car, the affidavit recounted, they found paystubs and a W-2 from Nutrition Bar Confectioners. Authorities alleged Caceras-Caceras' legal permanent resident card was fraudulent.

Read more at Spectrum News

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New Flu: What To Know About The New K Variant Of Influenza A

As we get deeper into flu season, a new type of the influenza virus has been identified, the Centers for Disease Control and Prevention confirms. The new strain is a variation of influenza A. Technically, it’s called the K subclade of influenza A’s H3N2 subtype, and it makes up a majority of the H3N2 cases we’re seeing right now. H3N2 influenza has historically caused more hospitalizations and deaths in older people than other strains. Experts warn it could be an especially brutal flu season this winter, especially if vaccination rates remain low.

The K subclade doesn’t appear to cause markedly different symptoms than other types of flu; however, as a subtype of influenza A, its symptoms may be more serious. Flu symptoms can be mild or severe, but they usually come on quickly, according to the CDC. Signs include fever, cough, sore throat, congestion, body aches, headaches and fatigue. Not everyone with the flu will experience all the possible symptoms. A preliminary analysis from the United Kingdom suggests this year’s flu vaccines do provide at least partial protection, although it will take some time for scientists to know exactly how effective they are. Experts say any protection that softens the blow of a flu infection is important to get. Even vaccines that aren’t perfectly formulated to match a new variant can often still give “cross-protection” and boost your immune response.

Read more at The Hill

Upcoming Council Programs

Events

Manufacturing Champions Award Breakfast - Friday May 8, 2026 -7:45 - 10:00 AM. The DoubleTree Poughkeepsie.

Networks

HR Sub Council Meeting Topic TBD, January 14, 2026, 8:15 - 11:00. Selux Corporation, Highland.

Insight Exchange On Demand Webinars

Webinars and Seminars

Check back soon

Training

Certificate in Manufacturing Leadership Program Winter Session, Virtual. Supervisor Training Program for Hudson Valley Manufacturers. 7 Courses (15 half day sessions) January 6 - March 11 Via Zoom.

Lean Six Sigma Green Belt This program combines online coursework, with live Zoom sessions, to deliver a flexible and effective learning experience in Lean Six Sigma methodologies. Most Mondays March 2 - June 8 Via Zoom.

(Special Info session for those who are 'Green Belt curious' February 23rd)

Lean Six Sigma: Yellow Belt - Yellow Belt is an approach to process improvement that merges the complementary concepts and tools from both Six Sigma and Lean approaches. 3 Full days - March 9,10 & 11 - DCC Fishkill.

Trade Wars

 

China Factory Activity Edges Up But Remains In Contraction

China’s factory activity edged higher in November but remained stuck in contraction for the eighth consecutive month, while services weakened as the boost from earlier holidays faded, according to official data released Sunday. The manufacturing purchasing managers’ index rose to 49.2, up 0.2 points from October, the National Bureau of Statistics said. The figures emained below the 50-point mark that separates expansion from contraction. The non-manufacturing business activity index fell to 49.5, down 0.6 points from October, while the composite PMI output index eased to 49.7, indicating a slight pullback in both manufacturing and services activities.

High-tech manufacturing stayed in expansion for a tenth straight month at 50.1, even as equipment manufacturing and consumer goods producers slipped below 50. Energy-intensive industries posted a mild rebound to 48.4, up 1.1 percentage points from October. Business activity for small enterprises recorded a significant rebound. The PMI for small enterprises jumped 2 percentage points to 49.1, its highest in nearly six months, while medium-sized firms edged up to 48.9. Large manufacturers weakened, falling to 49.3. Market confidence showed a slight uptick. The index measuring expectations for production and operations rose to 53.1.

Read more at CNBC

Boeing Gets More Than $7 Billion in Pentagon Awards For Army Apache And USAF KC-46s

The US Department of Defense has awarded Boeing more than $7 billion in contracts to build AH-64E Apache helicopters for the US Army and additional KC-46A Pegasus aerial refueling and strategic military transport aircraft for the US Air Force. The US Army’s portion is a $4.6-billion firm-fixed-price contract covering new-build AH-64E Apaches, crew trainers for the rotorcraft’s training variant Longbow, and related parts and support. Work will be performed in Mesa, Arizona, through May 2032, with about $2.2 billion funded through foreign military sales to Poland, Egypt, and Kuwait.

Boeing also received a $2.4-billion contract modification from the US Air Force for the next production lot of KC-46A refueling tankers. The package includes 15 aircraft and associated mobility data system licenses. Work will be performed in Seattle and is scheduled to finish by June 2029, bringing total KC-46 orders worldwide to 183. The KC-46, based on the Boeing 767 airframe, is central to replacing the air force’s aging KC-135 Stratotankers first introduced during the Eisenhower era.

Read more at The Defense Post

Boeing Lands $13 Billion 737 MAX Deal

Boeing announced November 19 that it had agreed with Flydubai to sell a fourth group of 737 MAX airplanes. According to the Business Journals, the price of the order was $13 billion. The order for at least 737 MAX airplanes and 75 other 737 planes is the United Arab Emirates-based airliner’s fourth order from Boeing. The latest Boeing order following the Dubai airshow also followed an order of 15 Boeing 787 Dreamliners from Bahrain-based carrier Gulf Air. In a statement also released November 18, Boeing noted that Middle Eastern airliners are projected to grow dramatically, doubling over the course of the next two decades.

In a statement, Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Flydubai, said the new planes would help meet demand for travel. “We are pleased to announce a new aircraft order agreement with Boeing,” he said in a statement. “Looking ahead, proactive fleet planning is essential to ensuring we are well-placed to meet the rising demand for travel, a demand we are confident will continue to grow. Anticipating future needs is a defining factor in the success of any airline and today's announcement reflects our commitment to that principle.” Sheikh bin Saeed Al Maktoum is also the CEO of Emirates airlines, which last week announced it would spend $38 billion on another Boeing order, for 65 Boeing 777X planes.

Read more at American Machinist

Humanoid Robots Complete Trial Project at BMW Assembly Plant

Two humanoid robots have completed an 11-month pilot project at BMW’s assembly plant here. During that time, the Figure 02 robots from Figure AI ran 10-hour shifts Monday through Friday, accumulating 1,250 hours of run-time. The robots loaded more than 90,000 parts and contributed to the production of more than 30,000 BMW X3 vehicles. While deployed at BMW, the robots performed a classic pick-and-place task by loading sheet metal parts into a welding machine. The robot picked sheet metal parts from racks or bins and placed them on a welding fixture. A traditional six-axis industrial robot then welded and fed the parts into the main line.

The robots had three goals to meet: cycle time, placement accuracy, and interventions. To meet the cycle time goal, the robot was required to load the sheet metal parts within 37 seconds and complete the entire task in 84 seconds. In addition, the robots were expected to have a 99 percent success rate per shift in loading the sheet metal accurately. Figure AI also tracked the number of times a human must pause or reset the robot, with the goal being zero per shift. Figure AI did not share data on how well the humanoids performed in meeting those goals. However, the company did say the pilot project taught it how to improve the robot for its Figure 03 design.

Read more at Assembly Magazine

Deere’s Challenging 2025 Ends On A High Note

Deere & Co. ended its fiscal year 2025 on a high note, reporting higher tractor and construction equipment sales in recent months amid tariffs and a slow farm economy. The Moline, Illinois-based manufacturer reported worldwide net sales and revenue of $12.3 billion in the fourth quarter, up 11% over last year. This was driven by segment sales increases of 10% in production and precision agriculture and 27% in construction and forestry.

Despite the recent sales surge, higher production costs and tariffs affected profitability. The company posted Q4 net income of nearly $1.1 billion, down 14% over last year. It also reported earnings declines for the full year and offered a muted fiscal year 2026 outlook. For fiscal year 2025, Deere reported worldwide net sales and revenue of $45.7 billion, a 12% decline over the previous year as challenges from tariffs and a slow farm economy weighed on demand. Net income totaled $5 billion, down 29% from a year ago.

Read more at Manufacturing Diveeuters

Global Airlines Race To Fix Airbus A320- Software Glitch; US Reports Little Disruption

Airlines around the world have spent the last 48 hours racing to patch a critical software vulnerability on thousands of Airbus A320‑family jets after regulators warned that intense solar radiation could corrupt flight‑control data. As of Sunday, November 30, most of the roughly 6,000 affected aircraft are back in service, and fears of a full‑blown holiday travel meltdown have largely eased. The emergency recall was triggered by an October 30 incident in which a JetBlue A320 flying from Cancún to Newark suddenly pitched down without pilot command, injuring passengers and forcing an emergency diversion to Tampa.

Early analysis suggested the aircraft’s elevator aileron computer (ELAC) – the system that translates pilots’ side‑stick inputs into movements of the elevators and ailerons, controlling the jet’s pitch and roll – had briefly acted on corrupted data. Airbus later told airlines and regulators that a recent ELAC software update, originally designed to bolster protections against loss‑of‑control events, may have inadvertently opened a tiny but serious window where “intense” solar radiationcan flip bits in the computer’s memory at just the wrong moment. According to Airbus and regulators about 6,000 aircraft worldwide needed checks and updates, roughly half the active A320 fleet. The affected aircraft are spread across Europe, North America, Asia, the Middle East, Latin America and Oceania, operated by hundreds of airlines from budget carriers to flagships.

Read more at Techstock

European Carmakers Hope For Reprieve On 2035 Combustion Engine Ban

On December 10th Brussels is set to unveil measures designed to support the regional auto industry, one of the EU's most important sectors, in the face of high energy costs, tariffs on exports to the U.S., and Asian rivals eating into the bloc's market. German automakers and the European Automobile Manufacturers' Association have called for a weakening of rules designed to boost battery or fuel-cell electric drive cars, while Fiat-to-Maserati owner Stellantis warned the industry risks an "irreversible decline" without help. The regulation that all new vehicles from 2035 should have zero emissions was adopted in March 2023 when the outlook for battery electric vehicles was brighter.

The continent's automakers from Volkswagen to Renault RENA.PA had high hopes for the electric vehicle shift when they set ambitious targets at the beginning of the decade, efforts that have since collided with the reality of lower-than-expected demand and fierce competition from China. The industry is now pushing for concessions. It hopes the European Commission will accept that CO2-neutral fuels, such as biofuels, could continue to power internal combustion engines, as well as plug-in hybrids or range extenders. Automakers have argued that immovable targets no longer make sense, and that the market, rather than legislators, should decide when combustion engines are fully phased out. They favour instead incentives to boost demand for electric vehicles.

Read more at Reuters

AST SpaceMobile Increases US Manufacturing Capacity With New Sites For Next Generation Satellite Production

AST SpaceMobile announced new manufacturing locations in Texas and Florida, strengthening its production network for BlueBird satellites. Texas hosts five AST SpaceMobile facilities, including a newly launched Midland site that assembles BlueBird satellites from raw materials through final integration. A new Homestead facility in Florida expands manufacturing operations and extends the company's national reach. AST SpaceMobile reports 95 percent of production processes are vertically integrated and maintained under U S control. Ongoing investments in American infrastructure and manufacturing capacity support rapid scaling and growth in space-based cellular broadband delivery.

The BlueBird satellites employ large phased-array antennas of 2,400 square feet, custom power systems, and the proprietary AST5000 ASIC, supporting bandwidth up to 10 times that of previous BlueBird satellites and enabling peak data speeds of 120 Mbps for voice, data, and video applications. This level of production requires vertical integration, specialized equipment, secure U S based assembly lines, and engineering expertise.

Read more at Space Daily

Quote of the Day

Somebody," said Jacques, "your father or mine, should have told us that not many people have ever died of love. But multitudes have perished, and are perishing every hour--and in the oddest places!--for the lack of it.”

James Baldwin - American Novelist and Playwritght from his Novel 'Giovanni’s Room.' He died on this day in 1987.

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