Tag: Manufacturing

Business activity in New York state improved modestly in August. It was just the second positive reading for the general business conditions index in six months.

The tariffs amount to a wholesale transformation of US trade policy from one promoting increasing international interaction to one of restricting trade to serve national strategic goals.

US manufacturing activity slowed again in July to a 10-month low

While US construction markets are far from uniform, recent indicators from June and July paint an unusually fragmented picture.

Industries that use steel in manufacturing employ many more workers than steel production. Raising the cost of steel for these customers will not increase manufacturing employment. In fact, it will probably hit employment hard.

All districts reported “experiencing modest to pronounced input cost pressures related to tariffs, especially for raw materials used in manufacturing and construction.”

Business activity in New York state recovered slightly in July, with the Empire State Manufacturing Index seeing its first positive reading in four months.

The commercial vehicle sector is showing signs of fatigue, but you wouldn’t know it at first glance of the latest government figures.

It will be a shorter week as the United States celebrates Independence Day on Friday. But we won’t leave you high and dry.

CDC Atlantic already houses 13 die-casting machines (ranging from 900 to 1,600 tons), three on-site furnaces, and shot blasting capabilities.

US manufacturing activity slowed for a fourth straight month in June. That's a sharp shift after trending up for most of Q1.

GE Appliances announces $490-million reshoring project in Kentucky.

A roundup of trade news, what's up with Brazilian pig iron, SMU's latest survey results and more to keep you up to date.

“Economically, the business case for products made in the us has become a lot more attractive," the CEO told Fox Business.

However, companies are growing more optimistic about the future.

All districts reported "hesitancy and a cautious approach to business and household decisions,” according to the Beige Book.

May marks the third consecutive month US manufacturing activity declined, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.

The US Department of Energy (DOE) adds metallurgical coal to the nation’s list of Critical Materials, following its designation by US Secretary of Energy, Chris Wright’s announcement on May 22.

While I would anticipate market sentiment to pivot and improve if all the questions around tariffs were answered, that still leaves us with a few other factors.

The budget proposal has big implications for steel and manufacturing.

Manufacturing activity in New York state declined for the third consecutive month, according to the May Empire State Manufacturing Survey from the Federal Reserve Bank of New York. Responding firms continue to forecast weaker business conditions in the coming months.

Activity had trended up for most of Q1

PMA’s April report shows that only 16% of surveyed manufacturers anticipate an increase in economic activity in the next three months (down from 23% in March)

A factor in the sales was customers buying ahead of tariff-related price increases.

Manufacturing was mixed, but two-thirds of districts said activity was little changed or had declined.

Recent Federal Reserve data paints a positive picture of the US manufacturing sector. Manufacturing indicators remained strong through February and March figures

Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.

The company cited uncertainty about freight rates and demand, regulatory changes and the impact of tariffs.

Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.

Firms were pessimistic, with the future general business conditions index falling to its second lowest reading in the more than 20-year history of the survey