Tag: U.S. economy

January 11, 2024

The soft landing the U.S. economy generally experienced through 2023 did not affect all sectors of the economy evenly. Even in the face of improving economic health, orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published […]

March 10, 2022

Rising energy, food and services prices pushed already elevated U.S. inflation to a 7.9% annual rate last month—another four-decade high—with oil and commodity market disruptions from the Ukraine crisis expected to add more cost pressures. The consumer-price index, which measures […]

November 3, 2021

Truck driver Chris Wagner pulled his big rig into a grain processing plant in Sidney, Ohio, on a recent afternoon to pick up a load bound for the Chicago suburbs. He’d lost his scheduled place in line because of delays […]

July 8, 2021

The recent bout of higher oil prices is unlikely to make much of a dent in the global recovery, according to economists who say strong growth and flush consumers in advanced economies will help the world absorb much of the […]

May 6, 2021

Left unabated, the manufacturing skills gap — which is now anticipated to leave 2.1 million jobs unfilled by 2030 — could cost the U.S. economy as much as $1 trillion. Deloitte and The Manufacturing Institute’s new report, “Creating pathways for […]

March 31, 2021

President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change. The president’s plans, part of a $2.25 trillion […]

February 1, 2021

U.S. manufacturing continued to recover in January, a bright spot for the U.S. economy as services companies continue to struggle with the coronavirus pandemic. Two purchasing managers surveys on manufacturing activity released Monday pointed to continued growth, adding to evidence […]

November 17, 2020

U.S. industrial production rose last month, as output continued its slow climb back from deep declines last spring due to pandemic-related shutdowns. The Federal Reserve on Tuesday said its index of industrial production—a measure of output at factories, mines and […]

October 20, 2020

It’s an entirely predictable sequence: Every four years, national political figures will find their way to industrial battleground states such as Michigan, Ohio, Pennsylvania, and Wisconsin, and proceed to extol the virtues of factory jobs. Some economists and idealogues will […]

July 15, 2020

U.S. manufacturing increased in June for the second straight month, a sign of economic recovery in the weeks before the recent surge in coronavirus cases. Industrial production—a measure of output at factories, mines and utilities—rose a seasonally adjusted 5.4% in […]

June 23, 2020

Ford Motor Co.’s new Ranger truck topped a ranking of vehicles that contribute most to the U.S. economy, while three Tesla Inc. models placed in the top nine. The two companies’ brands were absent from Cars.com’s top 10 last year […]

April 17, 2020

As President Donald Trump and his economic advisers look to start reopening the U.S. economy in May, a central question is emerging for companies with supply chains stretching across North America: What if Mexico and Canada don’t have the same […]

August 22, 2019

Trump is telling voters across the country that the economy is booming and jobs are growing. But the blow to factory employment is more pronounced in places like Pennsylvania, Ohio and Wisconsin than in the rest of the country. While […]

July 20, 2018

Companies and governments from Europe to Asia are warning President Donald Trump that tariffs on car imports would hurt the U.S. economy, disrupt the global auto industry, and widen the rift between America and its closest allies. Auto groups, industry […]

April 3, 2017

Faith in the U.S. economy has absolutely skyrocketed compared to last year, as 74% percent of financial executives are more optimistic than they were at this time last year, according to a new survey by Prime Advantage,  a group purchasing […]

January 9, 2017

It has played a key role in shaping and developing the U.S. economy throughout the history of the nation, especially after the start of the Industrial Revolution in the late 1700’s. Simply defined, manufacturing is the process of transforming raw […]

October 5, 2016

Manufacturing needs to stay front and center in bolstering the U.S. economy according to a panel hosted by Fabricators & Manufacturers Association, International. The association assembled experts to kick off the nationwide celebration of Manufacturing Day, which takes place on […]