US industrial output jumps in July on solid manufacturing gain

US industrial output jumps in July on solid manufacturing gain

This post was originally published on this site A solid rebound in American manufacturing, especially vehicles, following two months of declines, help push overall industrial production up in July, the Federal Reserve said Tuesday. A massive 6.6 percent surge in motor vehicle and parts production was a key driver the...

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Biden Plan to Combat Inflation with U.S. Manufacturing Faces Skepticism

Biden Plan to Combat Inflation with U.S. Manufacturing Faces Skepticism

This post was originally published on this siteWhile supply-chain disruptions contributed to pandemic price increases, economists say low-cost foreign goods helped keep costs down for decades.

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Car Sales Seen Sputtering as Supply-Chain Woes Hurt Production

Car Sales Seen Sputtering as Supply-Chain Woes Hurt Production

This post was originally published on this siteAuto makers are projected to report lower year-over-year sales amid tight inventories. “This market is stuck in low gear,” said one industry watcher.

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Biden will announce strengthened Buy American rule to help boost domestic manufacturing

Biden will announce strengthened Buy American rule to help boost domestic manufacturing

This post was originally published on this sitePresident Joe Biden will announce on Friday that the administration has finalized a new Buy American rule aimed at helping to boost US domestic manufacturing, an increasingly important effort as the country strives to compete with China and create more resilient domestic supply...

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Biden says making more goods in the U.S. will lower inflation. Bringing back manufacturing does have benefits but that’s not one of them.

Biden says making more goods in the U.S. will lower inflation. Bringing back manufacturing does have benefits but that’s not one of them.

This post was originally published on this siteBiden said making more products in America will drive down inflation. It’s not quite that simple, economists say.     

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Chipmakers Need a Supply Chain That Avoids Ukraine

Chipmakers Need a Supply Chain That Avoids Ukraine

This post was originally published on this siteThe semiconductor industry’s usual source of neon gas has left production vulnerable to geopolitical crises and other disruptions.

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White House to unveil multi-pronged approach to reduce emissions in the manufacturing sector

White House to unveil multi-pronged approach to reduce emissions in the manufacturing sector

This post was originally published on this siteThe White House will unveil new efforts to reduce emissions in the manufacturing sector Tuesday, including nearly $10 billion in Department of Energy funding from President Joe Biden’s signature infrastructure law aimed at “clean hydrogen” manufacturing.

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Biden administration announces green manufacturing push

Biden administration announces green manufacturing push

This post was originally published on this siteThe Biden administration announced a series of steps on Tuesday aimed at promoting green manufacturing and taking on climate change contributions from the industrial sector.A new fact sheet from the White House said it would aim to do so through a…

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As manufacturing jobs decline, some workers struggle to climb into the middle class

As manufacturing jobs decline, some workers struggle to climb into the middle class

This post was originally published on this siteThe U.S. has lost more than 5 million manufacturing jobs, hindering the financial mobility of workers without a college degree, says new report     

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Tariffs to Tackle Climate Change Gain Momentum. The Idea Could Reshape Industries.

Tariffs to Tackle Climate Change Gain Momentum. The Idea Could Reshape Industries.

This post was originally published on this siteWealthy nations are proposing tariffs on imports like steel and cement that result in high carbon emissions. The proposals could boost U.S. manufacturers—but could also undermine world trade rules and even trigger trade disputes.

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