manufacturing News Updates

Government, Business, Equipment

Senate Panel Probes Carmakers’ Ties to Forced Labor in China

The Senate Finance Committee is launching an investigation into whether major automakers such as Ford Motor Co., General Motors Co. and Tesla Inc. are using parts made with forced labor from the Xinjiang region of China.

December 22, 2022
Government, Business, Equipment

Trade Panel’s Resolution on Car Content Rules in Favor of Mexico, Canada Over US

A trade dispute resolution panel sided with Mexico and Canada over the U.S. on rules for cars shipped across regional borders, potentially giving more incentive to make auto parts in those nations.

December 8, 2022
Government, Business, Equipment, Logistics

Business Equipment Orders Rebounded Sharply in October

Orders placed with U.S. factories for business equipment rebounded in October, suggesting capital spending plans are holding up in the face of higher borrowing costs and broader economic uncertainty.

November 23, 2022
Business, Equipment, Logistics

Stellantis Has Glut of Cars Stuck at Plant on Logistics Troubles

Stellantis NV has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs last quarter persist.

November 22, 2022
Government, Business, Equipment

Factory Output Barely Rises After Tepid Gains in Prior Months

U.S. factory output rose in October by less than expected after downward revisions to prior months, suggesting manufacturing is losing some steam as domestic and global demand moderates.

November 16, 2022
Government, Business

Manufacturing Output Increases for Second Straight Month

U.S. factory production rose slightly in August as resilient business investment more than offset a pullback in the output of consumer goods, consistent with steady manufacturing activity.

September 15, 2022
Government, Business

Manufacturing Growth Holds Steady as Inflation Pressures Ease

U.S. manufacturing growth steadied in August at the slowest pace in over two years, while a measure of materials costs declined for a fifth-straight month in a welcome sign inflationary pressures are abating.

September 1, 2022
Government, Business

Factory Output Declines for a Second Month on Consumer Goods

Production at U.S. factories declined in June for a second month, restrained by higher inventories and a softer economic outlook.

July 15, 2022
Government

US House to Unveil Its USICA ‘Competitive Bill,’ Pelosi Says

Democrats in the U.S. House of Representatives plan to introduce legislation meant to approve funding that would enhance domestic semiconductor manufacturing, the party’s leadership indicated recently.

January 24, 2022
Government, Business

Manufacturing Gauge Falls While Price Pressures Ease

A measure of U.S. manufacturing fell short of expectations at the end of 2021, reflecting declines in gauges of delivery times and prices that belie an otherwise solid demand picture.

January 4, 2022