US manufacturing activity continued to expand in July but at a slightly slower pace than in June, with declines in new orders, output and employment, the Institute for Supply Management said Tuesday. Despite the slightly slower pace of growth, there were many signs of strength in the survey, and the sector shows “no signs of … Read more
US manufacturing activity expanded in June with big jumps in all the key components, including production, new orders and employment, the Institute for Supply Management said Monday. “This was a really strong performance,” said Timothy R. Fiore, chair of ISM’s Manufacturing Business Survey Committee. The ISM purchasing managers index surged nearly three points to 57.8 … Read more
US manufacturing activity held steady overall in May, but included a sharp decline in production and prices, offset by a gain in new orders, the Institute for Supply Management said Thursday. Many of the comments from businesses surveyed for the report note the increasing difficulty in finding qualified employees amid the continued growth in the … Read more
Harley-Davidson, the iconic motorcycle brand hailed by US President Donald Trump for keeping jobs in America, is building a plant in Thailand, the company confirmed Thursday, as it seeks new buyers in Asia and lower tariffs. The factory — only the third Harley has built outside the United States — highlights the irresistible draw of … Read more
US manufacturing and services executives expect to see increased revenue, hiring and capital spending in 2017, reflecting confidence in the economy, according to a survey released Monday. Purchasing and supply executives are optimistic about rising demand for their goods and services amid signs of solid consumer confidence, officials from the Institute for Supply Management said … Read more
As marches were held across the US in protest against his policies, Donald Trump seemingly remained unfazed by the momentum against him. The US president made a speech in which he praised positive relations with several countries, including Germany, the UK, Japan and China, while he stressed that he remained committed to putting America first. … Read more
Tens of thousands of people marched Saturday from the US Capitol to the White House to show support for climate-change science and protest President Donald Trump’s rollbacks of environmental protections. The Peoples Climate March took place under stifling, near-record heat and on the 100th day of the billionaire climate skeptic’s presidency. He was the target … Read more
US aircraft sales forged higher in March, helping drive up orders for manufactured goods, but the pace of growth slowed from previous months, the Commerce Department reported Thursday. Total orders for durable goods recorded their third consecutive monthly increase, but excluding the volatile transportation sector, where aircraft sales can cause big monthly swings, orders fell … Read more
US President Donald Trump has said that trade negotiations with China will be “very difficult” when he meets President Xi Jinping in Mar-a-Lago, Florida, on Thursday. Trade will be one of two key issues on the agenda, along with North Korea. But what’s the problem – and what can Trump do about it? Buying Chinese … Read more
For better or worse, this tiny town at the foot of the Adirondack Mountains has survived the decline of US manufacturing as the home to a clutch of companies and the only baseball bat factory in the country. Last year, two-thirds of those living in Dolgeville, an isolated community 220 miles (350 kilometers) from the … Read more
US manufacturing activity expanded in February for the sixth consecutive month as businesses reported strong sales and demand, the Institute for Supply Management said Wednesday. The ISM purchasing managers index rose 1.7 percentage points to 57.7 percent, the highest reading since August 2014 and well above the consensus estimate among economists, who expected a smaller … Read more
President Donald Trump has fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP). The trade deal, a linchpin of ex-President Barack Obama’s Asia policy, was signed by 12 nations. “Great thing for the American worker what we just did,” said Mr Trump as he dumped the pact with … Read more
President Donald Trump has fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP). The trade deal, a linchpin of ex-President Barack Obama’s Asia policy, was signed by 12 nations. “Great thing for the American worker what we just did,” said Mr Trump as he dumped the pact with … Read more