The Trump administration is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured—and it could also take a while, according to Bloomberg.
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IndustryNet explores what the need for speed means for manufacturers and how this potentially will play out for those looking to invest in commercial real estate.
April PMI registered 57.3%, a decrease of 2 percentage points from the March reading of 59.3%, Industrial Distribution reports.
Concerns grow about exports slipping as other countries retaliate with tariffs on American goods, the Wall Street Journal reports. “There’s just this massive uncertainty that gets inserted into the manufacturing cycle.”
“The simple truth is that U.S. manufacturing is doing extremely well and is enjoying record levels of production,” Ball State economics professor Michael Hicks writes in Advanced Manufacturing.
Acceleration in bookings indicates production will remain robust in coming months as factories race to limit mounting order backlogs amid declining customer inventories, Bloomberg reports.
Manufacturing sizzled in December, reaching an almost seven-year high, led by new orders and production, AdvancedManufacturing.org reports.
New welding method could make next generation metals more viable for the aerospace and automotive industry, MnetNews reports.
A moderate but continued growth, these are the words the World Steel Association uses to define the future for the global steel demand.
New orders for manufactured durable goods in August increased $3.9 billion or 1.7% to $232.8 billion, according to Modern Distribution Management.
Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Following a six-month string of increases beginning in September 2016, factory output was little changed, on net, between February and July, Industrial Distribution reports.
The 15% drop last month for GM was its steepest since May 2016, and neither Ford nor Fiat Chrysler fared much better. As one analyst told Industry Week, “You can’t jawbone the economy.”
A visit to the country’s Bajío region finds a thriving car ecosystem, according to a report published by the MIT Technology Review.
After a prolonged recovery that culminated in two years of record sales, the American auto industry is slowing down, the New York Times reports.
Manufacturers expect investments in smart factories will drive a 27% increase in their operation efficiency over the next five years.
Anthony Bidco Ltd “eyeing acquisition opportunities in the U.S. after sales reached a record high,” according to Insider.
Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier’s government contracts, Reuters reports.
ISM index falls to 54.8% in April from nearly three-year high.
National Association of Manufacturers’ Index jumps to 63.7, up from 53.3 in December.