by Jill Shah | May 28, 2020 | Featured, Manufacturing
Elisha Tropper adapted on the fly to the new reality for his company, Cambridge Security Seals. The business occupies a 25,000 square-foot facility in Pomona, New York, manufacturing seals for global industries such as healthcare, aviation, and pharmaceuticals. He...
by Jill Shah | May 12, 2020 | Employment, Featured
The U.S. economy lost a historic number of jobs in April, the clearest picture yet of the staggering consequences wrought by the pandemic. The report released by the Bureau of Labor Statistics showed a record 20.5 million jobs lost over one month and an unemployment...
by Jill Shah | Apr 24, 2020 | Featured, Manufacturing, Uncategorized
The March durable goods report is expected to be weak, showing the first signs of the coronavirus pandemic on manufacturing orders. Here’s what to watch in the monthly report out Friday at 8:30 am Eastern time: It’ll be bad but it won’t capture the full picture. ...
by Jill Shah | Mar 31, 2020 | Featured, Manufacturing
Businesses ordered less equipment in February, an early sign of the supply chain disruptions to the manufacturing sector from the coronavirus pandemic last month that are only projected to get worse as the ripple effects spread deeper into the economy. Orders for core...
by Jill Shah | Mar 3, 2020 | Manufacturing
Businesses ordered more equipment in January, a sign of increased investment in American manufacturing that was buoyed by the recent trade deal but now faces the threat of coronavirus. Orders for these goods – called core capital goods – were up 1.1% from December....