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There are fewer roadblocks for manufacturers recently, but economists say increased domestic production won’t necessarily lead to lower prices in the U.S.
China’s zero-tolerance approach to the virus is affecting American as well as Chinese companies.
Orders for core capital goods hit a 40-year high in January. That’s because demand for manufactured goods is still high.
U.S. automakers depend on parts from Canadian manufacturers. And a lot of them cross the Ambassador Bridge.
Sick time is taking a bite out of manufacturing. And now companies have to make up for it.
IHS Markit’s Purchasing Managers’ Indexes for services and manufacturing are a mixed bag.
Sales of things like drill presses, electrical equipment and metalworking tools were up for the seventh-straight month in September.
Although prices for aluminum and zinc are ticking up, Adam Schaller, vice president of a Michigan metal foundry, says business is growing.
Purchasing managers reports from both ISM and IHS find that firms are struggling to meet demand due to shortages of labor and materials.
China has more than enough coal underground to service the country’s needs.