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Tag: global economy


Regulations

Takata’s Founding Clan Takes $2.7 Billion Crisis Hit

June 30, 2017

Via: Industry Week

Behind the bankruptcy of Takata Corp., the Japanese auto parts maker derailed by vast its airbag recalls, is yet another downfall — that of the company’s founding Takada family, one of the country’s more prominent business dynasties. Takata filed for […]


Industry Focus Areas, Motorized Vehicle

Auto Slowdown Flashes Caution Lights for Manufacturing Growth — and Trump

June 26, 2017

Via: Industry Week

After a good run, warning lights are flashing in the auto industry—and that’s not good for either the broader manufacturing sector, heartland metropolitan areas, or President Trump. Here’s the problem: After seven strong years of growth after the crack-up of […]


Process, Production

Is the Manufacturing Recovery Real?

June 14, 2017

Via: Industry Week

U.S. manufacturing got walloped during the Great Recession. It lost 20% of its output and 15% of its workforce. “That’s second only to the Great Depression of the 1930s, when it lost about half its total output,”says Cliff Waldman,chief economist for the […]


Process, Production

Manufacturing Settles in a Solid Pace of Expansion

June 2, 2017

Via: Industry Week

American factories are settling back into a solid pace of expansion after a post-election run-up that saw the Institute for Supply Management’s manufacturing gauge hit an almost three-year high, figures released on June 1 showed. The Factory index little changed at […]


Process, Production

Chinese Manufacturing Down for First Time in 11 Months

June 2, 2017

Via: Industry Week

China’s factory activity contracted in May for the first time in almost a year, independent figures showed Thursday, hinting at deteriorating conditions for goods producers in the world’s second-largest economy. The figures compare with an official reading Wednesday suggesting China […]


Process, Production

Steel Output Down in April, but Recovery is On Track

May 26, 2017

Via: Industry Week

April 2017 raw-steel production slipped by 1.0% from March to April, finishing the most recent month with 142.1 million metric tons across 67 countries. Still, the total is an increase of 5.0% over the April 2016 result and brings global […]


Regulations

Changes in Workplace Regulations? Don’t Hold Your Breath

May 12, 2017

Via: Industry Week

Employers expect the Trump administration to “prioritize” easing workplace regulation, but they’re less confident in whether that change will actually happen, and if it does happen, whether it will affect them. A survey of 1,229 in-house corporate attorneys, HR professionals […]


Energy, Industry Focus Areas

Big Oil Is Back: Exxon, Chevron Triumph in Crude Resurgence

May 1, 2017

Via: Industry Week

Exxon Mobil Corp. and Chevron Corp. easily swept aside analyst estimates as the battered giants of the U.S. oil industry shook off two-and-a-half years of low oil prices and reported surging profits in the first quarter. Exxon, the world’s biggest […]


Process, Production

Global economy looking up for manufacturers

April 19, 2017

Via: Manufacturing Matters

Christine Lagarde, International Monetary Fund (IMF) managing director, said in a recent speech that the global economy is showing multiple positive signs, although more work is needed to ensure continuing growth, including policies that will reinvigorate productivity and build inclusive growth. “When […]


Process, Production

US Producer Prices Decline for First Time Since August 2016

April 14, 2017

Via: Industry Week

Wholesale prices in the U.S. declined in March for the first time since August 2016, a sign broader inflation will accelerate only gradually, a Labor Department report showed Thursday. Key Points The producer-price index decreased 0.1% (forecast was for no […]