As a consumer, it is easy to detect the advancements in technology that have become part of the everyday experience, such as the smartphones and devices that you use, the cars you drive and the entertainment that you consume. Rapid technological advancements like this are happening across all fields and industries, including those you may not interact with regularly, such
Released: 2022-07-29
Real GDP by industry
May 2022
0.0% 
(monthly change)
Real gross domestic product (GDP) was essentially unchanged in May, following a 0.3% expansion in April.
Real gross domestic product essentially unchanged in May
Growth in services-producing industries (+0.4%) was offset by a decline in goods-producing industries (-1.0%), as 14 of
When considering career options, working in the industrial sector offers a diverse range of opportunities and advantages. Here are some key aspects to consider when exploring industry options:
The industrial sector encompasses a broad range of industries, including manufacturing, construction, energy, transportation, and more. This diversity provides numerous options for specialization and allows individuals to choose an … Read More
A manufacturing engineer plays a crucial role in the production process, focusing on optimizing efficiency, quality, and cost-effectiveness. They are responsible for designing, implementing, and improving manufacturing systems and processes to ensure smooth operations and high productivity.
One key aspect of a manufacturing engineer’s job is to analyze and evaluate the existing production methods and identify areas … Read More
Released: 2022-07-14
Manufacturing sales
$71.6 billion
May 2022
-2.0% 
(monthly change)
Inventories
$113.9 billion
May 2022
1.6%
(monthly change)
Inventory-to-sales ratio
1.59
May 2022
0.05 pts
(monthly change)
Unfilled orders
$103.0 billion
May 2022
-0.8%
(monthly change)
Following seven consecutive monthly increases, manufacturing sales fell 2.0% to $71.6 billion in May, on lower sales in 11
Alvin Liew, Senior Economist at UOB Group, reviews the latest Industrial Production figures in Singapore.
“Singapore’s industrial production (IP) came in below expectations in Jun as it declined by 8.5% m/m SA, which translated to a weaker growth of 2.2% y/y, the lowest since Jan 2022 (from the revised May readings of 9.2% m/m, 10.4% y/y and fell