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Manufacturing industry

A U.S. manufacturing boost is causing anxiety abroad

by Sabri Ben-Achour and Jarrett Dang
Feb 20, 2023
The Biden administration's reshoring efforts, aimed largely at cutting dependence on China, dismays allies who seek U.S. investment.
European Commission President Ursula von der Leyen. The EU and other American allies have expressed unease over the scope of U.S. government funding of domestic industries such as semiconductors and low-carbon energy equipment.
Kenzo Tribouillard/AFP via Getty Images
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Demand and prices are falling for manufactured goods

by Justin Ho
Jan 6, 2023
Manufacturing activity contracted in December, according to the Institute for Supply Management.
Demand for manufactured goods dropped in December, and so did prices for those goods. It may be a sign that the Federal Reserve's measures against inflation are working.
STR/AFP via Getty Images
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Rising interest rates are hitting manufacturing

by Mitchell Hartman
Oct 3, 2022
Businesses are scaling back their expectations for 2023 accordingly.
Though demand for things like new cars proved a boon to manufacturing during the pandemic, companies have begun to budget more conservatively amid rising interest rates.
Jeff Kowalsky/AFP via Getty Images
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China's lockdowns and other risks have companies looking to diversify supply chains

by Sabri Ben-Achour , Erika Soderstrom and Jarrett Dang
Sep 5, 2022
Apple, among other companies, may be seeking manufacturing options in India and other emerging markets.
Some large foreign businesses, seeing COVID restrictions and slowing growth in China, are considering other countries like India for their future manufacturing plans.
Hector Retamal/AFP via Getty Images
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Manufacturing employment returns to pre-pandemic level

by Justin Ho
Jul 8, 2022
Demand for manufactured goods has grown during the pandemic, but new orders have been falling in recent months.
A worker assembles the interior of a safe. Many small business are looking to boost revenues in anticipation of a potential recession.
George Frey/Getty Images
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Manufacturing delays mean retailers may consider raising prices

by Justin Ho
Jun 3, 2021
While delays and shortages could be just short-term disruptions, tariffs, which also push up prices, are expected to remain.
When manufacturers charge more for finished products, retailers also look at raising prices for consumers.
Joe Raedle/Getty Images
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Manufacturers seeking workers face competition for talent and an image problem

by Sabri Ben-Achour
May 4, 2021
People have outdated ideas about manufacturing jobs and facilities, according to an executive.
Workers to fill engineering and welding jobs are in demand.
Spencer Platt/Getty Images
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Manufacturing: The China Inc. model

by Jennifer Pak and Sabri Ben-Achour
Feb 2, 2021
Why is it sometimes cheaper for U.S. consumers to buy goods from China than from local vendors?
A worker in a southern China shoe factory. Many Chinese manufacturers say they are making goods Americans no longer want to produce.
Charles Zhang/Marketplace
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Manufacturing needs workers. Chicago has plenty. Where’s the disconnect?

by Esther Yoon-Ji Kang
Dec 11, 2019
A high rate of unemployment persists in some parts of Chicago, despite a worker shortage in manufacturing.
Production supervisor David Casarrubias monitors a fabric-cutting machine at Freedman Seating company in Chicago.
Esther Yoon-Ji Kang
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China's struggling shoe components suppliers contemplate their futures

by Jennifer Pak
Oct 4, 2019
Three shoe component suppliers discuss the U.S.-China trade war and the changes they have seen in the last few decades.
A shoe heel manufacturer in southern China's Dongguan city exports mainly to the U.S.
Shanghai 808 Studio
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