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...
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.
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.
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...
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.
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.
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
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.