10 articles
New IRS data and industry analysis suggest that 2017 tax cuts are fueling a surge in manufacturing investment and job creation. Lawmakers are debating future tax policy, with potential risks to economic growth if these cuts are not maintained. The impact extends to small businesses and working families.
China's new regulation empowers authorities to penalize foreign companies that shift supply chains away from the country. This move escalates trade tensions and creates new risks for international businesses.
Humanoid robots are now taking on manual jobs in U.S. factories, with Schaeffler in South Carolina employing a robot named Digit for auto parts handling. While the company reskills human workers for higher-tech roles, experts warn of potential job displacement for lower-skilled workers. Safety and cost remain key factors as the technology continues to advance.
US tariffs are poised to climb significantly within five months, with experts predicting a surge in rates. This follows a year of little improvement in manufacturing jobs and foreign investment, despite initial policy goals. The administration is now leaning on Section 301 investigations after a Supreme Court ruling impacted previous tariff measures.
The European Union is introducing a 'Buy European' policy to bolster its manufacturing sector against Chinese competition, but the plan is creating divisions within the EU. Aimed at boosting local production in key industries like automotive and green tech, the initiative faces criticism for potentially raising costs and sparking trade disputes.
U.S. Steel's Irving plant is slated for significant investment and job growth following its acquisition by Nippon Steel. The deal, approved by former President Trump, promises to boost manufacturing amid sector-wide job losses. Federal Reserve officials are closely monitoring the plant's operations and labor challenges, which could impact inflation and interest rate decisions.
Explore the intricate manufacturing process behind disc golf discs at MVP Disc Sports. From raw plastic granules and advanced injection molding to robotic automation and artistic finishing, discover how these aerodynamic wonders are brought to life.
An experiment to manufacture a grill scrubber in the USA reveals the immense challenges and critical importance of rebuilding domestic manufacturing capabilities, from sourcing components to the vital tool and die industry.
Despite claims of economic prosperity, a closer look at U.S. economic data reveals that the Trump administration's tariffs have not significantly boosted manufacturing or curbed inflation as intended. Instead, businesses and consumers appear to be bearing the brunt of the costs, while key economic indicators suggest growth is driven by factors independent of trade policy.
US stocks experienced a rebound as manufacturing data showed a strong January surge. However, concerns about a "jobless boom," where GDP grows faster than job creation, persist, drawing comparisons to the early 2000s. Key labor reports are anticipated to provide further clarity on the economic outlook.
