The Trump administration’s tariffs are raising costs for businesses, reducing the benefits of productivity improvements.

Activity in the sector contracted last year, but federal investment is one of the factors that could make 2024 better.

As the global supply chain smooths out its kinks, warehouse costs are top of mind for the Legacy Companies.

Blake Moret, chairman and CEO of Rockwell Automation, says that the manufacturing sector remains strong despite a recent slowdown.

Monthly data from the Federal Reserve shows a slowdown in shipments, new orders and employment in the sector.