Factory Gauge Falls to Lowest Since May 2020
The U.S. manufacturing downturn deepened in January, fueled by a further pullback in orders and factory production.
Manufacturing Contracts in December for Second Straight Month
U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures.
Senate Panel Probes Carmakers’ Ties to Forced Labor in China
The Senate Finance Committee is launching an investigation into whether major automakers such as Ford Motor Co., General Motors Co. and Tesla Inc. are using parts made with forced labor from the Xinjiang region of China.
December 22, 2022Trade Panel’s Resolution on Car Content Rules in Favor of Mexico, Canada Over US
A trade dispute resolution panel sided with Mexico and Canada over the U.S. on rules for cars shipped across regional borders, potentially giving more incentive to make auto parts in those nations.
December 8, 2022Business Equipment Orders Rebounded Sharply in October
Orders placed with U.S. factories for business equipment rebounded in October, suggesting capital spending plans are holding up in the face of higher borrowing costs and broader economic uncertainty.
Stellantis Has Glut of Cars Stuck at Plant on Logistics Troubles
Stellantis NV has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs last quarter persist.
Factory Output Barely Rises After Tepid Gains in Prior Months
U.S. factory output rose in October by less than expected after downward revisions to prior months, suggesting manufacturing is losing some steam as domestic and global demand moderates.
Manufacturing Output Increases for Second Straight Month
U.S. factory production rose slightly in August as resilient business investment more than offset a pullback in the output of consumer goods, consistent with steady manufacturing activity.
Manufacturing Growth Holds Steady as Inflation Pressures Ease
U.S. manufacturing growth steadied in August at the slowest pace in over two years, while a measure of materials costs declined for a fifth-straight month in a welcome sign inflationary pressures are abating.
Factory Output Declines for a Second Month on Consumer Goods
Production at U.S. factories declined in June for a second month, restrained by higher inventories and a softer economic outlook.