The U.S. Transportation Department will announce on Monday it is offering an additional $184 million in payroll assistance to 158 more aviation manufacturing businesses. In September, the department offered $482.3 million to 313 aviation manufacturing businesses. The new offers include $17.5 million to BAE Systems Controls and about $13 million to both Airbus’s U.S arm…
US Offers $184 Million to 158 Aviation Manufacturing Firms
November 11, 2021
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aviationBusiness & EconomyBusinesses in COVID-19Companiesdepartmenteconomic policiesEconomieseconomyfirmsmanufacturingtransportationUSUS News
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Manufacturing Mindfulness: 7 Lessons From the Pandemic
As 2021 draws to a close, manufacturers are reflecting on how far they’ve come during the last year and a half. After halting production, reducing operations, or shifting to different products at the start of the pandemic, companies are now looking to climb out of the decline—and in some cases, are working harder than ever…
Beijing’s Authoritarian Policies Are Killing Factories
Commentary Factories in China are contracting, which reveal long-term economic trends. Not many people realize that this is the result of faulty dictatorial polices of the Chinese Communist Party (CCP) and will lead to greater losses for the regime. Recent data from the Purchasing Managers’ Index (PMI) shows that more factories in mainland China are…
Supply Chain Issues Slow French Manufacturing Growth in October: PMI
November 2, 2021
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Business & EconomyCompaniesEconomiesEuropeFrenchgrowthInternationalmanufacturingoctoberPMIsupplyWorld
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PARIS—Supply chain issues hit France’s manufacturing sector in October, where the slowdown in growth came broadly in line with initial forecasts, a monthly survey showed on Tuesday. Data compiler IHS Markit said its final purchasing managers’ index for French manufacturing in October fell to 53.6 points from 55.0 in September, up a notch from an…
Relentless Shortages, High Prices Hamper US Manufacturing
November 1, 2021
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Business & EconomyChinaChina Business & EconomyCompaniesEconomieseconomyInternationalISMmanufacturingoctoberpricesshortagesUSUS NewsWorld
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WASHINGTON—U.S. manufacturing activity slowed in October, with all industries reporting record-long lead times for raw materials, indicating that stretched supply chains continued to constrain economic activity early in the fourth quarter. The Institute for Supply Management (ISM) survey on Monday also hinted at some moderation in demand amid surging prices, with a measure of new…
US Durable Goods Orders Drop in September After 4 Months of Increases
U.S. orders of durable goods—products designed to last at least three years—fell in September after four consecutive months of increases, driven by a sharp drop in transportation equipment orders. New orders for U.S. manufactured durable goods in September fell $1 billion or 0.4 percent to $261.3 billion, the Commerce Department announced on Oct. 27. Consensus…
US Durable Goods Orders Fell in September After 4 Months of Increases
U.S. orders of durable goods—products designed to last at least three years—fell in September after four consecutive months of increases, driven by a sharp drop in transportation equipment orders. New orders for U.S. manufactured durable goods in September declined $1 billion, or 0.4 percent, to $261.3 billion, the Commerce Department announced on Oct. 27. Consensus…
US Manufacturing Output Declines in September
WASHINGTON—Production at U.S. factories unexpectedly fell in September as motor vehicle output slumped amid an ongoing global shortage of semiconductors. Manufacturing output dropped 0.7 percent last month, the Federal Reserve said on Monday. Data for August was revised down to show production falling 0.4 percent instead of rising 0.2 percent as previously reported. Economists polled…
Chip Shortages, Hurricane Ida Depress US Manufacturing Production
October 18, 2021
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Business & EconomychipCompaniesDeclinesEconomieseconomyHurricaneIdamanufacturingoutputseptembershortagesUSUS News
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WASHINGTON—Production at U.S. factories fell by the most in seven months in September as an ongoing global shortage of semiconductors depressed motor vehicle output, further evidence that supply constraints were hampering economic growth. Manufacturing production last month was also depressed by the lingering effects of Hurricane Ida, which also severely disrupted output at mines. The…
California Manufacturers Expected to Expand Employment, Hampered by Supply Issues
More than 61 percent of purchasing managers surveyed at California manufacturing companies expect deliveries from their suppliers to be slower in the October-December quarter than during the July-September quarter. Analysts say this bottleneck means California’s manufacturing sector is expected to grow at a slower pace in the fourth quarter than it did during the third…
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