Charlotte Pipe and Foundry runs on electricity — a lot of electricity. The North Carolina-based company needs 13 megawatts to power the plastics plant where […]
Manufacturing
ISM holds steady as manufacturing grows despite inflation pressures
Manufacturing continued to expand in April, boosted by new orders despite sharp price pressures amid the Iran war. The ISM held steady at 52.7% for […]
5 things to watch for in March’s ISM
Manufacturing likely continued to expand for the third month in a row in March, despite emerging headwinds from the Iran war. Bloomberg estimates for the […]
ISM: Sector maintains growth, prices jump and manufacturers brace for Iran war ramifications
Manufacturing expanded for the second month in a row, buoyed by new orders and backlogs.
Core Capital Goods Orders Fall as U.S. Businesses Prepare for Steep Tariffs
The key indicator dropped 0.3% in February, suggesting that companies are cautious about making investments amid economic uncertainty
Orders For Durable Goods Rebound, But Uncertainty Lurks
Business spending on equipment increased in January. Is it a sign of economic strength, or were companies hedging against tariffs?
Startups Aiming to Electrify U.S. Freight Industry Confront Higher Interest Rates
This should be Intramotev’s moment. The St. Louis, Mo.-based manufacturer of electric railcars is positioned to take advantage of the push to bring green technology […]
Manufacturing Orders Rise, Allaying Recession Fears
Purchases for most types of manufactured goods increased in January, an unexpected sign that the economy is still strong. Orders for core durable goods–long-lasting manufactured […]
Five Things to Look for in the May ISM Report
by Juliet Jeske May 31, 2021 The Institute for Supply Management’s Report on Business releases details on the U.S. manufacturing sector on Tuesday. Economists predict the […]