Government, Business

US Manufacturers Plan First Pullback in Investment Since 2009

GE Manufacturing Solutions facility in Fort Worth, Texas General Electric Evolution Series Tier 4 diesel locomotives stand on the final assembly line at the GE Manufacturing Solutions facility in Fort Worth, Texas, on Oct. 25, 2016. (Luke Sharrett/Bloomberg News)

U.S. manufacturers expect to reduce capital spending in 2020, a trend that could limit a rebound in the sector even as companies see profits improving.

Reade Pickert | Bloomberg News
December 9, 2019
Government, Business

US Manufacturing Contracts for Fourth Straight Month

Construction in Boston Workers at Boston's Seaport district. (Steven Senne/AP)

Manufacturing activity contracted in November, the fourth straight month of contraction, according to a monthly survey of executives released Dec. 2 by the Institute for Supply Management.

Jim Stinson | Staff Reporter
December 2, 2019
Government, Business

Services Gauge Drops to Three-Year Low

Services Luke Sharett/Bloomberg News

America’s service industries joined manufacturing in taking a big step back last month, fueling concerns that the global slowdown and trade war are weighing more on the broader economy. Stocks, the dollar and Treasury yields all fell after the report.

Reade Pickert | Bloomberg News
October 3, 2019
Government, Business

Factory Gauge Hits 10-Year Low as Employment Wobbles

Factory Worker Ty Wright/Bloomberg News

A measure of U.S. manufacturing unexpectedly fell deeper into contraction, posting the weakest reading since the end of the last recession as a global slowdown and the U.S.-China trade war increasingly weigh on the sector.

Reade Pickert | Bloomberg News
October 1, 2019
Government, Business

World Economy Signals Manufacturing Crisis

Manufacturing Taylor Weidman/Bloomberg News

The global economy flashed clearer warning signs Oct. 1 as a wave of data showed manufacturing stuck in a slump, exports falling and sentiment sliding.

October 1, 2019
Government, Business

US Manufacturing Activity Contracts in August

US manufacturing activity fell in August. A worker stains a table at a factory in Bend, Ore. (Meg Roussos/Bloomberg News)

WASHINGTON — U.S. factory activity shrank in August for the first time since August 2016, a sign that the trade war with China is weighing down a crucial sector of the economy.

Bani Sapra | Associated Press
September 3, 2019
Government, Business, Fuel, Logistics

Experts to Dissect Industry Trends, Insights at ATA Economic Summit

ATA Chief Economist Bob Costello ATA Chief Economist Bob Costello at the 2018 Management Conference & Exhibition. Costello says ATA's economic summit, which is being held Sept. 23 in Washington, has grown over its first three years. (John Sommers II for Transport Topics)

Experts in the fields of manufacturing, logistics and the petroleum industry are scheduled to participate in American Trucking Associations’ economic summit in September.

Eugene Mulero | Staff Reporter
August 9, 2019
Government, Business

Factory Gauge Sinks to Lowest Since 2016 as Exports Drop

Factories Daniel Acker/Bloomberg News

U.S. manufacturing activity deteriorated in July to an almost three-year low, dragged down by slower production and shaky export markets that help explain the Federal Reserve’s decision to reduce interest rates July 31.

Ryan Haar | Bloomberg News
August 1, 2019
Government, Business

Global Manufacturing Slump Puts Reality Check on Trade Truce

Manufacturing Nadirah Zakariya/Bloomberg News

Global manufacturing took another knock at the end of the second quarter, signaling a worsening economic growth outlook as U.S.-China trade tensions continue to simmer.

July 1, 2019

Tariffs Weighing on Manufacturers’ Optimism, Survey Shows

stacked cargo containers Stacked cargo containers at the Port of Los Angeles by Marcio Jose Sanchez/AP.

NEW YORK — Manufacturers see the Trump administration’s trade policies as a bigger challenge than the economy. That’s one of the findings of a quarterly survey by the National Association of Manufacturers.

Joyce M. Rosenberg | Associated Press
June 24, 2019