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")
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")
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")
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")
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")
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")
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")
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 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 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")
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")
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")
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")
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")
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")
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")
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
Indices log best 1-day gains in five weeks, soar 2.3% as bond yields cool
FPIs buy shares worth Rs 1,345 crore
 "Indices log best 1-day gains in five weeks, soar 2.3% as bond yields cool")
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")
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")
