Tag: supply chain

Biden Signs Executive Order to Fortify Critical Supply Chains

February 24, 2021
bidenChinaChina-US NewsExecutive BranchPolicyPoliticssemiconductorsupply chainUSUS News
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President Joe Biden signed an executive order on Feb. 24 to bolster the resilience of supply chains for four critical industries following a slew of recent production shortages that have left the United States vulnerable. The executive order will begin a 100-day review of semiconductor chips, pharmaceuticals, rare earth minerals, and large capacity batteries used…

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US Factory Activity Near 14-Year High; Home Sales Rise in December

January 24, 2021
Businesseconomic recoveryEconomieseconomyHome saleshousing marketinflationmanufacturingsupply chainU.S. economyUS
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WASHINGTON—U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead. Other data on Friday showed an unexpected increase in sales of previously owned homes in…

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US Factory Activity Near 14-Year High; Home Sales Rose in December

January 24, 2021
Businesseconomic recoveryEconomieseconomyHome saleshousing marketinflationmanufacturingsupply chainU.S. economyUS
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WASHINGTON—U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead. Other data on Jan. 22 showed an unexpected increase in sales of previously owned homes…

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