This past Friday, the US Federal Reserve announced that manufacturing production rose by 1 percent in July. The month's growth exceeds the 0.3 increase that occurred during June. The incremental growth follows a trend of steady growth in this industry over the last calendar year. In those 12 months, manufacturing output has risen by nearly 5 percent.

Increased manufacturing output highlights the need for business management software that enterprises should implement to increase the efficiency of their operations. By utilizing those tools, inventory management, production and distribution processes can be analyzed in real time. The ready accessibility to this information enables businesses to make alterations to their operations in order with fluctuations in customer demand and other factors within their market.

By improving productivity, enterprises have enabled the job market to grow as well. According to the Bureau of Labor Statistics (BLS) most recent jobs report, manufacturers added 28,000 workers to the economy last month. That figure exceeds June's numbers by 5,000 jobs. The steady, progressive growth demonstrates the stability that the manufacturing industry can offer a labor force still riddled with unemployment and decreases in workforce participation.

Paul Dales, Senior U.S. Economist at Capital Economics, spoke to the impact this growth will have on payrolls for manufacturing enterprises.

"Manufacturing payrolls may soon start to rise by close to 50,000 a month." Dales said.

Growth within this industry is not without complication though. As product orders and jobs continue to rise, the need to manufacture efficiently becomes imperative.

Accent Software, Inc. provides enterprises in the Hoosier state with manufacturing software to continue to contribute to economic growth in the United States. As manufacturing becomes a foundation of the domestic economy, the influence of business management solutions is greater than ever.