June manufacturing surveys from the federal reserve banks of Dallas, Richmond, Kansas City, and New York offer a snapshot how production lines across the country are faring.
President Donald Trump’s 2018 steel and aluminum tariffs made domestic production more lucrative. But higher prices will cause hardship throughout the manufacturing sector.
Kraft Heinz just announced plans to invest $3 billion in its U.S. plants. But companies that make clothes and toys, which have low margins and are difficult to produce with robots, will have a harder time relocating.
With the Trump administration’s goal of bringing back manufacturing jobs, we look back at why a recent attempt by Nike to move sneaker production to North America didn’t work.