Author: Prachi Bhardwaj

H-1B Employees Could Help Manufacturers Hire Again

H-1B Employees Could Help Manufacturers Hire Again

President Trump has staked his presidency on reviving manufacturing and restricting immigration, and he seems to think the two go hand in hand. He’s wrong. Manufacturing companies say they need skilled immigrants to build and maintain advanced factories, and the blue-collar workers the president has promised jobs to aren’t being […]

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Five Things to Watch For in March Durable Good Orders Report

The monthly good orders report for March comes out on Thursday morning, just shy of the gross domestic products report as well as President Donald Trumps 100th day in office. The report shows the health of the manufacturing sector and, as a result, a foreshadow of business investment spending. Overall, […]

"Factory"

Aircraft Orders Carry Durable Goods Higher Than Expectations

Durable goods orders increased more than estimated in February, thanks to a second consecutive surge in orders for commercial aircrafts and more demand for electrical goods and appliances. The Commerce Department reported an overall 1.7 percent increase in durable goods orders, and an upward adjustment to 2.3 percent for January’s […]

2015 Chevrolet Silverado - Interior

The Cost of being Made in Trump’s America

An import tax on goods crossing the Mexico-U.S. border would make American brand cars more expensive than some foreign brand cars, and it would take years before domestic factories could make American brand cars more cost-efficient. President Donald Trump floated the idea of a 20% tax on goods imported from […]

Increase in January’s Durable Good Orders, Promising for 2017

Increase in January’s Durable Good Orders, Promising for 2017

The first durable good orders report for 2017 showed an overall increase, but the uptick is largely due to large commercial and military aircraft orders and increased consumer spending. Durable goods are products intended to last at least three years. Of these goods, ransportation and defense goods are the most […]