President Joe Biden failed to offer any short-term solutions to the semiconductor shortage in the United States, choosing instead to promote his multi-trillion-dollar spending plan on Monday. Biden joined a White House video conference meeting Monday afternoon with his advisers
Rep. Stephanie Murphy (D-FL) holds a patent for women’s softball pants that her husband’s company manufactures in China.
Manufacturing activity exploded higher in March, fueled by strong growth in new orders, the clearest sign that the economy was ready to boom prior to the stimulus package passed last month and may now be at risk of overheating.
On Wednesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Rep. Vicente Gonzalez (D-TX) said that the U.S. should invite American businesses who manufacture in China “to go down to these Northern Triangle countries and have these operations
The Dallas Fed said manufacturing expanded at “a markedly faster pace, with its manufacturing index rocketing to the highest reading in its 17-year history.
Durable goods orders were weaker than expected in February, perhaps driven down by harsh winter weather.
The economy is accelerating more rapidly than expected.
The Philly Fed’s manufacturing activity index soared to 51.8 in March from 23.1 in the prior month. That’s the best reading since 1973.
The Fed said severe winter weather in the south central region of the country in mid-February accounted for the bulk of the decline.
U.S. factory orders rose by a sizzling 2.6 percent in January to $509.4 billion, data released by the Commerce Department Thursday showed.
The ISM Manufacturing Report on Business PMI stood at 60.8 in February, up from 58.7 in January. That’s the highest level since August 2018 and indicates a powerful expansion for the manufacturing sector.
The Tenth District Manufacturing Survey’s composite index climbed to 24 in February, up from 17 in January. Economists had forecast a mild decline to 15.
Orders for durable goods rose 3.4 percent in January compared with December. The prior month was also revised up to show a 1.2 percent gain from November.
Orders for consumer goods were particularly strong as 2020 came to a close.
U.S. factories continued to expand production for the eighth month straight in January.
Chinese state media bristled after a Monday press conference at the White House in which press secretary Jen Psaki described China as “authoritarian” and “assertive,” grumbling that the Biden team seems to have a “virtually identical” attitude toward Beijing as the Trump administration did.
The Dallas Fed’s survey registered the eigth consecutive month of growth in January but the pace of expansion slowed significantly.
Brexit Britain has enjoyed a slew of good news stories in manufacturing, on top of Nissan’s high-profile commitment to expanding operations in the country.
Nissan’s chief operating officer has said that Brexit “is a positive” for the carmaker, and that it will be moving battery production from Japan to Britain.
Restaurants, bars, and hotels led the way as the labor market weakened in November.
Imported goods from China are flooding ports in California as the United States trade deficit hits a 14-year high.
The best reading in nearly two-and-a-half years.
And the post-election decline was even more severe than expected.
The latest sign that the economy was stronger than many thought in the months leading up to the 2020 election.
Growth continued for the sixth straight month but the pace slackened in November.
The fourth regional Fed survey showing a decline in manufacturing activity following the 2020 election and surging coronavirius cases.
Chancellor of the Exchequer Rishi Sunak has said Britain will prosper without a deal with the EU and will not accept one “at any price”, predicting that the Chinese coronavirus will be more economically impactful going into 2021 in any case.
Politics and pandemic are weighing down Midwest manufacturing.
Regional Fed surveys show the manufacturing sector is slowing.
A better than expected rebound for U.S. factory output led industrial output higher in October.
A survey of business conditions taken while infections surged and election day occurred indicates slower growth.
A government advisory body in India recently launched a campaign to boycott Chinese-made plastic lights for the upcoming Hindu festival of Diwali in favor of domestically manufactured oil lamps made of cow dung.
Hiring and job postings rose in September while layoffs declined sharply.
New orders, production, and employment grew in October, signaling a stronger than expected recovery for U.S. factories.
Americans are about to decide whether or not to give President Donald Trump a second term. One of his key selling points is the progress we have made in restoring American manufacturing.
President Donald Trump won his first term in office on a promise to revive American manufacturing and end the devastation that decades of globalism had inflicted on America’s factory towns and cities.
Democrat presidential candidate Joe Biden is promising to return the United States to a globalized economic model, suggesting that the fate of U.S. tariffs on China will depend on what Europe and Canada’s leaders want.
Breitbart News entertainment editor Jerome Hudson appeared on Fox News’ Fox & Friends morning show on Tuesday to discuss his latest book 50 Things They Don’t Want You to Know About Trump. The conversation focused on how the president revived manufacturing in the United States and brought about the return of the country’s energy independence.
Manufacturing activity in the Carolinas, Virginia, West Virginia, and Maryland strengthened in October, according to a survey from the Richmond Fed released Tuesday. The composite index, compiled from surveys taken from manufacturing businesses in the Fed’s Fifth District, rose from
“If President Trump wins, our future looks bright, and if Mr. Biden wins, it will be gloom and doom for long period of time,” an executive from a metals manufacturer told the Dallas Fed
