Pointe South Partners LLC

READ: https://lnkd.in/emb33gZW The U.S. manufacturing sector surprised analysts in November, as the ISM Manufacturing PMI edged higher to 48.4, surpassing expectations of 47.5 and signaling a slower pace of contraction. This slight improvement hints at resilience in a sector that has been grappling with the dual pressures of waning global demand and tighter financial conditions. While the index remains below the critical 50-mark, separating contraction from expansion, the latest data suggests potential stabilization amid cautious optimism. Key components such as new orders and production showed nuanced movements, offering insights into whether this uptick is a fleeting rebound or the beginning of a broader recovery. Dive into the details to explore what these shifts mean for the manufacturing industry and the wider economic outlook. #manufacturingpmi #economicdata #usmanufacturing #supplychain #pmiupdate #industrytrends #economicoutlook #marketanalysis #manufacturingnews #forextrends #pointesouthpartners

For those that follow the US Financial Markets (especially these days), here's the U.S. Economic Calendar for the week of 11/18: https://lnkd.in/eMZPzDRk This week, several key economic data releases pertinent to employment and manufacturing are scheduled: Monday, November 18: At 10:00 AM ET, the Home Builder Confidence Index for November will be released, providing insights into the housing market, which can influence construction employment. Tuesday, November 19: At 8:30 AM ET, October's Housing Starts and Building Permits data will be published, offering indicators of construction activity and related employment trends. Thursday, November 21: At 8:30 AM ET, the Initial Jobless Claims report for the week ending November 16 will be released, reflecting the number of individuals filing for unemployment benefits—a direct measure of employment health. Simultaneously, the Philadelphia Fed Manufacturing Survey for November will be available, providing insights into manufacturing sector conditions in the Philadelphia region. Friday, November 22: At 9:45 AM ET, the S&P Flash U.S. Manufacturing PMI for November will be released, offering a preliminary view of manufacturing sector performance nationwide. At 10:00 AM ET, the final Consumer Sentiment Index for November will be published, which, while broader, can influence consumer-driven manufacturing sectors. ⬇️Connecting Expertise with Innovation⬇️ Pointe South Partners is a premier executive search and talent acquisition firm, specializing in placing professional-level talent in engineering, operations, sales, marketing, and support roles for Fortune 1000 companies and private equity-backed middle-market manufacturers worldwide. We pride ourselves on bridging the gap between expertise and innovation, ensuring our clients are equipped to meet the challenges of tomorrow. #thoughtleadership #knowledgeeconomy #edtechinnovation #macroeconomics #labormarkettrends #economicindicators #financialmarkets #equitymarkets #supplychainmanagement #consumerconfidence #fiscalpolicy #monetarypolicy #manufacturingdata #productivitygrowth #supplychainmanagement #talentacquisition #executiverecruitment #recruitingstrategy #economicdevelopment #workforceanalytics #talentmarketinsights

As Teddy Roosevelt so eloquently said, “[Veterans], by their lives, by the record of their deeds, teach us in more practical fashion than it can be taught by any preaching, for they teach us by practice, that in the ultimate analysis the greatness of a nation is to be measured not by the output of its industrial products, not by its material prosperity, not by the products of the farm, factory, business house, but by the products of its citizenship, by the men and women that that nation produces.” This sentiment resonates deeply with us at Pointe South Partners LLC. Every day, we strive to connect expertise with innovation, placing exceptional talent in mission-critical industries like military, defense, aerospace, and advanced manufacturing. Many of the professionals we work with have proudly served in uniform, and it’s our privilege to help them transition their leadership, technical expertise, and sense of mission into impactful roles in the private sector. Our veterans embody the values of resilience, integrity, and teamwork — values that drive businesses forward. We are committed to not only celebrating their service but actively supporting them in their next chapter, ensuring they find opportunities to continue making a difference. To all service members, past and present: Thank you. Your sacrifices and dedication inspire us to do better every day. To all veterans now thriving in the private sector: We invite you to connect with us. We’d love to introduce you to our clients, share insights into the industries we serve, and discuss how we can help you achieve your career goals. Today, let us pause to reflect on the incredible contributions of our veterans. Let us also renew our commitment to creating a future worthy of their service, one where their expertise and leadership continue to shine. #VeteransDay #ThankYouForYourService #Gratitude #PointeSouthPartners #VeteranCareers

READ: https://lnkd.in/eC7FmKxA The U.S. Manufacturing PMI® for October 2024 stood at 46.5%, reflecting the sector’s seventh consecutive month of contraction as production, new orders, and employment indicators all remained in decline. Notably, this is the lowest PMI® reading for 2024, suggesting significant headwinds in manufacturing activity despite a continued slow growth in the broader economy. Key challenges include sluggish demand, contracting exports, and low customer inventories, all pointing to ongoing caution among manufacturers amid economic uncertainties, such as inflation risks and upcoming fiscal policy changes influenced by the election cycle. This contraction also raises questions about the Federal Reserve and federal government’s approach to stimulating U.S. manufacturing. The Fed’s efforts to manage inflation have increased borrowing costs, affecting capital investment across capital-intensive sectors. However, recent legislation like the CHIPS Act and the Inflation Reduction Act underscores federal support for strategic growth areas, including semiconductors, EV production, and green energy projects, which may boost domestic manufacturing in the future. While most sectors saw contraction, growth segments like food, beverage, tobacco, and computer and electronic products offer potential resilience. Looking forward, sustained demand for high-tech manufacturing and renewable energy could shift PMI® indicators positively if manufacturers overcome short-term challenges. For full details and insights from manufacturing leaders, refer to the full ISM® Report on Business®. ⬇️ Pointe South Partners ⬇️Connecting Expertise with Innovation⬇️ Pointe South Partners is a premier executive search and talent acquisition firm, specializing in placing professional-level talent in engineering, operations, sales, marketing, and support roles for Fortune 1000 companies and private equity-backed middle-market manufacturers worldwide. We pride ourselves on bridging the gap between expertise and innovation, ensuring our clients are equipped to meet the challenges of tomorrow. #manufacturingpmireport #usmanufacturing #manufacturingnews #economicupdate #supplychain #manufacturingrecruiting #pointesouthpartners #talentacquisition #recruitingfirm #manufacturingindustry #industryinsights #federalreserve #economicoutlook #manufacturinggrowth #supplychaineconomy #jobmarket #manufacturingjobs #futureofmanufacturing #purchasingmanagersindex #usmanufacturingsector #pointesouthpartners

Semiconductor Jobs: The Critical Talent Shortage and What’s at Stake. READ: https://lnkd.in/eV3HTCj9 As the U.S. aggressively ramps up its semiconductor manufacturing through initiatives like the CHIPS and Science Act, which has led to nearly $400 billion in investments from companies like Intel, TSMC, and Samsung, one challenge looms large: a talent shortage. With semiconductor jobs set to grow by 33% by 2030, the industry could face a shortage of over 67,000 skilled workers if current trends continue. These gaps span across technician roles, engineering positions, and advanced R&D, putting the very success of America’s semiconductor resurgence at risk. What does this mean for the future of domestic chip production, and how can we address these talent gaps? Should we be looking at changes in education, increased collaboration with universities, or incentives for workers to join and stay in the industry? These are critical questions as we seek to create high-paying, sustainable jobs in one of the most crucial industries of our time. How can we as an industry collectively ensure the success of this historic investment in semiconductor manufacturing? What more should companies and governments be doing to attract and retain talent in the field? ⬇️Connecting Expertise with Innovation⬇️ Pointe South Partners is a premier executive search and talent acquisition firm, specializing in placing professional-level talent in engineering, operations, sales, marketing, and support roles for Fortune 1000 companies and private equity-backed middle-market manufacturers worldwide. We pride ourselves on bridging the gap between expertise and innovation, ensuring our clients are equipped to meet the challenges of tomorrow. #manufacturingeconomy #usmanufacturing #economicdata #labortrends #manufacturingpmi #economicoutlook #semiconductormanufacturing #chipsact #advancedpackaging #chipletarchitecture #foundrytechnology #semiconductorsupplychain #multichipmodules #integratedcircuits #fabsandfoundries #microelectronics #siliconphotonics #semiconductortalentgap #semiconductorfabrication #highdensitypackaging #semiconductorengineering #electronicsmanufacturing #mooreslaw #waferfabrication #technologysupplychain

It's been an interesting week for economic data, especially with the S&P Global U.S. Manufacturing PMI making headlines. The latest numbers give us a mixed view of where the manufacturing sector stands. The PMI fell to 47.3 in September, marking the third straight month of contraction. We’re seeing sharp declines in new orders and job cuts, driven by weak demand and uncertainty ahead of the upcoming election. But despite this, there's still some cautious optimism. Businesses are hopeful that lower interest rates post-election could boost demand and spur growth. On the labor front, we’re also seeing changes. Job quits have dropped to their lowest level since early 2018, meaning fewer people are switching jobs. This has reduced hiring pressure for companies, and while hiring has slowed, employers are hanging onto their current staff—perhaps learning from the post-pandemic labor shortages. This stability is boosting productivity, as experienced workers stay put and companies avoid the costs of high turnover. More details here: https://lnkd.in/eQwnyDBt. All in all, with slowing new orders and fewer workers moving around, it’s clear the sector is in transition. Companies are pulling back in the face of a weak outlook but are still hopeful about better times ahead, especially if political and economic conditions improve. For now, it’s a time for strategic workforce management as manufacturing businesses try to balance near-term challenges with future opportunities. ⬇️Connecting Expertise with Innovation⬇️ Pointe South Partners is a premier executive search and talent acquisition firm, specializing in placing professional-level talent in engineering, operations, sales, marketing, and support roles for Fortune 1000 companies and private equity-backed middle-market manufacturers worldwide. We pride ourselves on bridging the gap between expertise and innovation, ensuring our clients are equipped to meet the challenges of tomorrow. #manufacturingeconomy #usmanufacturing #economicdata #labortrends #manufacturingpmi #economicoutlook #industrycontraction #laborforce #businessconfidence #strategichiring

The U.S. semiconductor industry has taken a significant step forward with the finalization of the first #CHIPS award, granted to Polar Semiconductor. This marks an important moment in efforts to strengthen domestic semiconductor manufacturing and reduce reliance on global supply chains. As the industry faces growing challenges, this award is a key component in bolstering the U.S. position in semiconductor production. The Semiconductor Industry Association (#SIA) commends this development, highlighting how the CHIPS Act is beginning to deliver on its promise of enhancing national competitiveness. Read more about the details of this award and its broader implications for the industry: https://lnkd.in/e2NfTM_z #semiconductors #chipmanufacturing #chipindustry #technologyinnovation #usmanufacturing #advancedmanufacturing #chipsact #supplychain #polarsemiconductor #electronics #semiconductornews #engineering #scienceandtechnology #stem #researchanddevelopment #academicresearch #innovation #pointesouthpartners #recruiting #talentacquisition #signalintegrityengineers

U.S. manufacturing output rebounded in August, driven by increased production of motor vehicles and parts. This rise in manufacturing suggests an underlying resilience in the industrial sector despite recent economic headwinds. The data points to a potential shift in economic momentum, particularly as interest rates begin to stabilize and the labor market shows signs of cooling. READ: https://lnkd.in/eh7G4G8J It's fascinating how these dynamics are lining up: manufacturing productivity is climbing, the labor market is easing up, and interest rates are starting to cool. This mix could set the stage for something big in the equities market. With production becoming more efficient and less pressure on wages, companies could see healthier profits, sparking renewed investor confidence. This combination could be the catalyst needed for a new wave of economic progress in the U.S. ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ Pointe South Partners: Connecting Expertise with Innovation Pointe South Partners specializes in placing top talent in engineering, operations, and other critical roles for manufacturers. We bridge expertise with innovation, ensuring your organization is prepared to meet the challenges of tomorrow. Whether navigating market shifts or enhancing productivity, we can help you secure the talent needed to drive success. #manufacturingeconomics #economicgrowth #productivitytrends #manufacturingoutput #labormarketanalysis #macroeconomictrends #monetarypolicy #industryinnovation #manufacturingjobs #marketdynamics #equitymarkets #economicpolicy #interestrates #executivesearch #talentacquisition #industrialgrowth #economicresilience #supplychaineconomics #manufacturingsector #businessinvestment #recruiting #talentacquisition #engineeringjobs

Job Openings Hit 3-Year Low—What It Means for the Fed and the Economy READ: https://lnkd.in/eNN_G9ys The July JOLTS report reveals key insights into the U.S. labor market. Job openings dropped to 7.673 million, the lowest since 2021, signaling a cooling in demand. Despite this, the labor market remains stable, with hiring up by 273,000. Layoffs rose but remain relatively low, while unemployment increased to 4.3%, partly due to immigration. These factors may not be enough for the Fed to pursue significant rate cuts in September, though concerns about the labor market persist. #laborstatistics #economictrends #jobmarketdata #macroeconomics #federalreserve #unemploymentrate #labordemand #monetarypolicy #jobopenings #hiringtrends #employmentreport #economicpolicy #joltsreport #marketanalysis #financialinsights #pointesouthpartners

A Call to Unity on this Labor Day: FDR's Forgotten Man and Today's America READ: https://lnkd.in/euARZPFv In a time of deep political division and economic uncertainty, Franklin Delano Roosevelt's "Forgotten Man" speech offers a timeless message that speaks directly to our present challenges. Delivered during the throes of the Great Depression, FDR's words resonate with a call to action that transcends partisan politics, urging us to focus on the needs of those who are often overlooked in society—the "forgotten" individuals at the bottom of the economic ladder. As we navigate the complexities of today’s world, where cultural, academic, and religious divides seem more pronounced than ever, FDR's vision of building a stronger nation from the ground up feels especially poignant. His appeal for unity and collective responsibility reminds us of our shared duty to work together for the greater good, ensuring that progress benefits all, not just a select few. FDR’s blueprint for moving forward includes restoring purchasing power to struggling farmers, providing relief to small banks and homeowners, and revising trade policies to foster international cooperation. These are not just policy suggestions—they are a call to address the root causes of economic distress and to rebuild our society from its foundation, ensuring that every citizen has the opportunity to thrive. FDR’s speech is not just a piece of history—it’s a roadmap for how we can overcome the divisions of today by focusing on the common good. Take a moment to read the speech and reflect on its enduring relevance. It’s a powerful reminder that the strength of America lies in its ability to unite, even in the face of seemingly insurmountable challenges. #laborday2024 #unitythroughaction #economicreform #blueprintforunity #pointesouthpartners #talentacquisition #recruiting #manfucturing #engineering #privateequity #transformationalleadership