Manufacturing Bounces Back in Richmond Fed Territory
While the headline number still indicates a contraction of factory activity, expectations for key components improved in January.
While the headline number still indicates a contraction of factory activity, expectations for key components improved in January.
Total industrial production rose 4.0 percent in 2018, much higher than 2.9 percent in 2017 and 2016’s paltry 0.5 percent gain.
New York’s state of mind was decidedly less buoyant than expected in December.
So much for the blarney about tariffs hurting U.S. manufacturers.
They said it could not be done. But America went ahead and did it anyway.
The slowdown is due to the fall in the price of oil and not trade disputes.
The Great American Jobs boom rolls on.
Manufacturing continued to expand in December but optimism about the coming year fell, according to a survey of manufacturers.
China’s economy is slowing down more than expected.
Trump’s critics want to blame tariffs for a slowdown in manufacturing. But the data tell a very different story.
Wealthy cities and elite zip codes thrived under the slow-moving economic recovery of President Obama while rural American communities were left behind, a study reveals.
No sign of the widely predicted Tariffmageddon.
A much better than expected result for November points to a re-acceleration of factory activity going into the end of the year.
President Donald Trump called out GM Thursday for cutting jobs and closing North American plants, whereas other automakers, such as BMW, are pouring into the United States.
Although overall durable goods orders were weak, the products covered by the Trump administration’s new China tariffs did far better.
The United States has not seen an October this strong for manufacturing employment since before the turn of the century.
Another quarter of rising productivity shows the U.S. economy continues its healthy expansion.
They said tariffs would destroy jobs. That hasn’t happened.
President Donald Trump’s tariffs on imported steel and aluminum are not costing American jobs as free traders had claimed they would, a new report by Bloomberg Businessweek admits.
Rapper Kanye West proclaimed the value of American ideas and denounced outsourcing a great volume of manufacturing to China as he spoke to reporters and President Donald Trump in the Oval Office on Thursday.
Steel and aluminum using businesses keep adding jobs, defying predictions that tariffs would result in job losses.
The manufacturing boom has added 278,000 jobs over the last twelve months.
PARIS (AP) — The European Parliament wants to cut CO2 emissions from new cars and vans by 40 percent by 2030 and will try to convince the European Union’s 28 nations to back the idea despite objections from the powerful car industry.
Boeing, the second biggest beneficiary of United States Defense Department government contracts, is outsourcing manufacturing and about 3,000 jobs to India.
The Richmond Fed’s manufacturing survey shows surprising strength in September.
Rising uncertainty and escalating tariffs did not stop Texas businesses from continuing to expand in September. Many Texas businesses are feeling the impact of tariffs, according to the Federal Reserve Bank of Dallas’ “Texas Business Outlook Survey” released Monday. Manufacturers
The automobile industry is largely hiring more human employees than it did in 2013, despite advances in robotic manufacturing, according to a report.
Critics said tariffs would be a tax on U.S. consumers. The recent data on producer prices, however, show higher costs are not getting passed on to American consumers.
Tariffs were predicted to be a drag on productivity. Instead, U.S. worker productivity saw the biggest quarterly increase in three years after the Trump administration implemented steel and aluminum tariffs.
Factory activity expands the most in over a decade, defying predictions of a trade war led decline.
The majority of blue collar American workers say they are better off today with the economy under the direction of President Trump than they were during the Obama years, a new poll reveals.
The collapse of American manufacturing thanks to decades of international free trade agreements acted as the catalyst for the general economic decline of the U.S. white working class and black Americans, a new study reveals.
Manufacturers say they are worried about tariffs and the tight labor market. But consumers are not feeling the bite of rising costs.
LONDON (AP) — U.S.-based defense contractor Raytheon says it remains committed to its operations in Britain, even as other manufacturers warn that they may curtail investment because of delays in negotiations over the country’s departure from the European Union.
The plurality of Americans say the United States has benefited less than foreign countries in multinational free trade deals, a new poll reveals. In the latest Morning Consult Poll, 32 percent of American adults said the U.S. has benefitted less than
The announcement comes days after Elon Musk inserted himself into the Thailand cave rescue effort, touting a mini submarine that went unused.
Zach Mottl, the owner of American manufacturing company Atlas Tool Works in Lyons, Illinois, is thanking President Trump for his recent tariffs on imported steel and aluminum. In an interview with Fox Business, Mottl praised Trump’s tariffs on foreign countries and their imported
Experts said American industries that use imported metals were going to suffer under tariffs. Instead, they added 27,000 new jobs in recent months and wages for workers are rising.
Workers in two American industries that many economists had consigned to the dustbin of history saw some of the biggest gains in wages, bonuses, and benefits in the start of 2018.
American manufacturing sentiment has reached a 20-year high, according to a new survey released by the National Association of Manufacturers (NAM).