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Us Manufacturing

US small manufacturers hopeful on tariffs, but fear growing uncertainty

Drew Greenblatt is fully on board with the Trump administration's use of tariffs to rebalance a global trading system that it says favours foreign companies over US manufacturers. Greenblatt is the president and owner of Marlin Steel Wire Products in Baltimore, Maryland, which makes baskets and racks for medical device manufacturers, aerospace companies, food processing companies and others. It has 115 employees and makes its products in three locations in Maryland, Indiana and Michigan. The steel is sourced from Tennessee, Illinois and Michigan. Currently, it's hard to compete with baskets made overseas., Greenblatt says, because the countries he competes against have an unfair advantage. For example, due to European tariffs and taxes, it costs much more for a German consumer or company to buy Marlin wire baskets than it does for Americans to buy a German-made basket, creating an uneven playing field, Greenblatt said. It's wildly unfair to the American worker, he said. And this has

US small manufacturers hopeful on tariffs, but fear growing uncertainty
Updated On : 19 Apr 2025 | 7:47 PM IST

Why Donald Trump's dream of made-in-the-USA iPhones isn't going to happen

Apple sells over 220 million iPhones annually across seven models in various colours and storage options, making its complex manufacturing process heavily reliant on China's vast production scale

Why Donald Trump's dream of made-in-the-USA iPhones isn't going to happen
Updated On : 11 Apr 2025 | 8:08 AM IST

US manufacturing contracts again as tariffs, inflation fears rise

Domestic manufacturers rely heavily on imported raw materials and could experience a severe disruption in supply chains, economists warneds

US manufacturing contracts again as tariffs, inflation fears rise
Updated On : 01 Apr 2025 | 8:26 PM IST

J&J plans to invest more than $55 billion in US over the next 4 years

The drug and device maker said this represents an increase of 25% in investment compared to the past four years

J&J plans to invest more than $55 billion in US over the next 4 years
Updated On : 21 Mar 2025 | 4:11 PM IST

US manufacturing output accelerates in Feb on surge in motor vehicle output

Manufacturing, which accounts for 10.3 per cent of the economy, has been recovering as the US central bank started cutting interest rates in September

US manufacturing output accelerates in Feb on surge in motor vehicle output
Updated On : 18 Mar 2025 | 7:49 PM IST

US factories face higher metal prices than overseas rivals due to tariffs

Trump's plan to impose tariffs on steel and aluminum imports is unlikely to arrest decades of declining market share and stagnating production

US factories face higher metal prices than overseas rivals due to tariffs
Updated On : 11 Mar 2025 | 5:40 PM IST

Wall Street declines after discouraging February manufacturing data

An ISM survey showed manufacturing was steady in February, but a measure tracking forward-looking new orders contracted to 48.6 last month from 55.1 in January

Wall Street declines after discouraging February manufacturing data
Updated On : 03 Mar 2025 | 10:28 PM IST

US manufacturing activity expands for first time since 2022 as orders rise

The ISM survey showed producers are also contending with elevated costs amid a healthy demand environment. The gauge of prices paid rose by 2.4 points to 54.9, the highest since May

US manufacturing activity expands for first time since 2022 as orders rise
Updated On : 03 Feb 2025 | 10:11 PM IST

US manufacturing PMI rises to a nine-month high of 49.3 in December

The Institute for Supply Management (ISM) said on Friday that its manufacturing PMI increased to 49.3 last month, the highest reading since March, from 48.4 in November

US manufacturing PMI rises to a nine-month high of 49.3 in December
Updated On : 03 Jan 2025 | 10:09 PM IST

US manufacturing improves in Nov as orders rebound, input price gains slow

The Institute for Supply Management (ISM) said on Monday its manufacturing PMI increased to 48.4 last month from 46.5 in October, which was the lowest level since July 2023

US manufacturing improves in Nov as orders rebound, input price gains slow
Updated On : 02 Dec 2024 | 9:46 PM IST

Apple to move key iPad engineering resources to Vietnam: Report

Apple suppliers including Luxshare and Foxconn also invested in the Southeast Asian country earlier this year to further diversify production away from China

Apple to move key iPad engineering resources to Vietnam: Report
Updated On : 08 Dec 2023 | 12:50 PM IST

India incredibly important, one of our top markets today: Skechers CFO

The 650 square metre facility is capable of shipping up to 60,000 pairs of shoes per day and will interface with Skechers' direct-to-consumer channel and its headquarters in Mumbai as well as the USA

India incredibly important, one of our top markets today: Skechers CFO
Updated On : 04 Dec 2023 | 10:29 PM IST

US manufacturing output falls in June, rebounds in second quarter

Factory output, which had also contracted in the fourth quarter, was boosted by a 36.7% surge in the production of motor vehicles and parts in the second quarter

US manufacturing output falls in June, rebounds in second quarter
Updated On : 18 Jul 2023 | 8:34 PM IST

US factories production surges in April as motor vehicles output rises

Capacity use for the manufacturing sector increased 0.7 percentage point to 78.3% in April. It is 0.1 percentage point above its long-run average

US factories production surges in April as motor vehicles output rises
Updated On : 16 May 2023 | 8:26 PM IST

US manufacturing sector contracts for sixth straight month in April

The sector, which accounts for 11.3% of the economy, is being weighed down by the Federal Reserve's fastest interest rate hiking campaign since the 1980

US manufacturing sector contracts for sixth straight month in April
Updated On : 01 May 2023 | 7:46 PM IST

China's semiconductor imports drop 23% as US, India bolster manufacturing

As the US and India bolster local semiconductor manufacturing, China's chip imports nosedived 23 per cent in the first quarter of 2023, the media reported on Friday.

China's semiconductor imports drop 23% as US, India bolster manufacturing
Updated On : 14 Apr 2023 | 2:31 PM IST

US manufacturing activity nears three-year low; price pressures abate

Manufacturing expanded at a 4.5% annualized rate in the fourth quarter, the government reported last week

US manufacturing activity nears three-year low; price pressures abate
Updated On : 03 Apr 2023 | 10:35 PM IST
Updated On : 04 Oct 2022 | 11:24 PM IST

US manufacturing sector expands faster in May amid supply constraints

The Purchasing Managers' Index stood at 56.1 per cent, up 0.7 percentage points from the April reading

US manufacturing sector expands faster in May amid supply constraints
Updated On : 02 Jun 2022 | 6:58 AM IST

US manufacturing increased in July amidst supply-chain problems

Growth in US manufacturing slowed in July amid ongoing supply-chain problems.

US manufacturing increased in July amidst supply-chain problems
Updated On : 02 Aug 2021 | 9:18 PM IST