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Five Things to Watch for in Friday’s ISM Report

Five Things to Watch for in Friday’s ISM Report

by Sam Sharpe | May 1, 2020 | Featured, Manufacturing

Many manufacturers have been deemed essential businesses and allowed to continue production while other businesses have been forced to close. Though far from immune to the economic effects of the shutdown, to this point they’ve fared much better than most American...
Five things to watch in March’s durable goods report

Five things to watch in March’s durable goods report

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. ...
Business investment fell in February and faces a grim outlook amid the pandemic

Business investment fell in February and faces a grim outlook amid the pandemic

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...
The Subsidy Gamble: New York state is betting big on Tesla

The Subsidy Gamble: New York state is betting big on Tesla

by Sam Sharpe | Mar 14, 2020 | Featured, Manufacturing

Anthony Dalessio was in high school when Republic Steel left town in 1984.  The steel mill, one of the largest in the country, had been one of Buffalo’s largest employers through the 1950s and 60s. But as globalization moved manufacturing jobs overseas, Republic Steel...

Business investment picks up in January as coronavirus clouds manufacturing outlook

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....
Coronavirus pumps the brakes on U.S. manufacturing

Coronavirus pumps the brakes on U.S. manufacturing

by Sam Sharpe | Mar 3, 2020 | Featured, Manufacturing

The U.S. manufacturing sector posted modest growth in February even as the coronavirus outbreak began disrupting global supply chains. The signing of the first phase of a trade agreement between the U.S. and China last month buoyed American manufacturers. The sector...
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