US durable goods orders rise less than expected in April
Bookings for durables goods, which are items intended to last three years, climbed much slower than expected in April as manufacturers continued to deal with supply-chain disruptions.
Manufacturers weigh in as Congress negotiates China competition bill
The National Association of Manufacturers sent a letter to congressional leadership on Thursday, presenting a list of recommendations as lawmakers negotiate the details of legislation aimed at raising America's ability to compete with China.
Philadelphia Fed's manufacturing gauge drops to lowest level in 2 years
The overall business outlook for the next six months tumbled to the lowest level since December 2008, at the height of the financial crisis.
Baby formula shortage: Abbott and FDA reach deal on reopening plant amid nationwide shortage
Abbott Nutrition said Monday that it has reached a deal with the FDA to reopen an infant formula plant in Michigan that has been shut down amid the nation's ongoing shortage.
US steel industry prepares to deliver on Biden’s domestic steel mandate
Across the country, steel production is expected to increase due to a new federal mandate that prioritizes U.S. steel over foreign alternatives. Starting May 14, all federally funded infrastructure is required to use U.S.-made steel and iron.
Wholesale inflation climbs 11% in April, remaining near 40-year high
Wholesale prices on an annual basis cooled for the first time in months in April, even as inflation continued to hover near a 40-year high as a result of strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine.
Raytheon subsidiary Pratt & Whitney reach labor deal with Machinists Union
Union workers reached a deal with Raytheon subsidiary Pratt & Whitney at two Connecticut jet engine manufacturing plants on Sunday.
US durable goods orders inch up 0.8% in March
Orders at U.S. factories for long-lasting goods rose less than expected in March, as manufacturers confronted a worsening supply chain crisis that continued to weigh on business investment.
Biden will require infrastructure projects buy from America first for steel, iron
The Biden administration will require that material purchased to build projects funded by the $1 trillion infrastructure bill be made in the United States, according to administration officials.
Wholesale prices surge 11.2% in March, highest level on record
Wholesale prices surged again in March as strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine continued to fuel the highest inflation in decades.
How Russia's invasion of Ukraine will result in greater chip shortage
Ukraine provides upwards of 90% of the global supply of neon gas required for manufacturing semiconductor chips, and Russia supplies as much as 28% of the global supply of palladium.
Chevrolet Corvette Stingray production idled this week due to parts shortage
General Motors has suspended production of the Chevrolet Corvette Stingray at its Bowling Green Assembly plant this week due to an unspecified parts shortage.
New York manufacturing activity slumps to lowest level since 2020
Manufacturing activity in New York state plunged in March for the first time since the early days of the COVID-19 pandemic as orders and shipments dropped and delivery times increased.
Wholesale prices soar 10% in February, highest level on record
The producer price index, which measures inflation at the wholesale level before it reaches consumers, surged again in February.
Manufacturers offer ‘upskilling’ and seek ‘creators’ to fill over 800,000 jobs
The U.S. manufacturing industry is on a hiring blitz as it combines traditional factory work with modernization.
Durable goods orders jump much higher than expected
U.S. durable goods orders rose well above analysts' expectations in January according to the latest data from the Census Bureau.
Wholesale prices likely surged again in January as inflation accelerates
Wholesale prices likely accelerated again in January as strong consumer demand and pandemic-related supply-chain snarls continued to fuel the highest inflation in decades.
Hard industries, hard work, and big opportunities
Recent supply-chain disruptions and second thoughts about China’s manufacturing dominance are likely to boost domestic industry and exacerbate an existing dearth of skilled trade workers.
US manufacturing revived by supply chain chaos
The Rodon Group President Michael Araten shares how American manufacturing is getting a revival from supply chain setbacks.
Omicron, worker shortage disrupts US manufacturing
Generac Power Systems in Wisconsin is dealing with more than 200 open positions and rising input costs as demand for its products continues to soar, its CEO Aaron Jagdfeld noted.
















