Biden will require infrastructure projects buy from America first for steel, iron
The Biden administration will require that material purchased to build projects funded by the $1 trillion infrastructure bill be made in the United States, according to administration officials.
Wholesale prices surge 11.2% in March, highest level on record
Wholesale prices surged again in March as strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine continued to fuel the highest inflation in decades.
How Russia's invasion of Ukraine will result in greater chip shortage
Ukraine provides upwards of 90% of the global supply of neon gas required for manufacturing semiconductor chips, and Russia supplies as much as 28% of the global supply of palladium.
Chevrolet Corvette Stingray production idled this week due to parts shortage
General Motors has suspended production of the Chevrolet Corvette Stingray at its Bowling Green Assembly plant this week due to an unspecified parts shortage.
New York manufacturing activity slumps to lowest level since 2020
Manufacturing activity in New York state plunged in March for the first time since the early days of the COVID-19 pandemic as orders and shipments dropped and delivery times increased.
Wholesale prices soar 10% in February, highest level on record
The producer price index, which measures inflation at the wholesale level before it reaches consumers, surged again in February.
Manufacturers offer ‘upskilling’ and seek ‘creators’ to fill over 800,000 jobs
The U.S. manufacturing industry is on a hiring blitz as it combines traditional factory work with modernization.
Durable goods orders jump much higher than expected
U.S. durable goods orders rose well above analysts' expectations in January according to the latest data from the Census Bureau.
Wholesale prices likely surged again in January as inflation accelerates
Wholesale prices likely accelerated again in January as strong consumer demand and pandemic-related supply-chain snarls continued to fuel the highest inflation in decades.
Hard industries, hard work, and big opportunities
Recent supply-chain disruptions and second thoughts about China’s manufacturing dominance are likely to boost domestic industry and exacerbate an existing dearth of skilled trade workers.
US manufacturing revived by supply chain chaos
The Rodon Group President Michael Araten shares how American manufacturing is getting a revival from supply chain setbacks.
Omicron, worker shortage disrupts US manufacturing
Generac Power Systems in Wisconsin is dealing with more than 200 open positions and rising input costs as demand for its products continues to soar, its CEO Aaron Jagdfeld noted.
US Steel building $3B mill in Arkansas
U.S. Steel Corporation has announced it will spend $3 billion to build a new mill in Osceola, Arkansas that is expected to create at least 900 full-time direct and indirect jobs with annual average wages of at least $100,000.
Producer prices surged by 9.6% in November, biggest gain on record
Wholesale prices rose at the fastest pace on record in November, the latest evidence that inflationary pressures are continuing to plague the U.S. economy.
Etsy in sweet spot despite supply chain chaos
Etsy says its sellers have been more insulated from supply chain problems than larger producers and retailers
US manufacturing grows for 18th consecutive month
The supply chain crisis is creating a boom for U.S. manufacturing.
GOP governors team up to get America’s supply chain moving again
A group of Republican governors is vowing to work fix America's supply chain woes
Supply chain problems show signs of easing
Global supply chain woes are beginning to recede, but shipping, manufacturing and retail executives say that they don’t expect a return to more normal operations until next year and that cargo will continue to be delayed if Covid-19 outbreaks disrupt key distribution hubs.
Ford, GlobalFoundries team up on chip shortage: 'Just the beginning'
Ford and manufacturer GlobalFoundaries (GF) have announced a partnership to tackle the growing demand for computer chips during a significant shortage that has stalled car sales nationwide.
Boston-based protein bar maker switches to US supplier amid shipping backlog: 'Massive boost to reliability'
Supply chain bottlenecks are “changing the calculus” for companies who have been forced to shift their business models amid shipping backlogs, inflation and more, with one small business owner telling FOX Business that decisions are “no longer all about price” but instead “reliability.”