by Keira Wingate | Mar 26, 2021 | Featured, Manufacturing
Long-lasting goods orders in February showed the first decrease in nine months, but economists say to take this report with a grain of salt. Orders for manufactured durable goods fell 1.1% from January, a modest loss of $2.9 billion, the Census Bureau reported on...
by Keira Wingate | Feb 28, 2021 | Featured, Manufacturing
American households and businesses ordered more long-lasting goods in January, a sign that the COVID-19 pandemic hasn’t slowed down consumer or business spending. The Department of Commerce said Thursday that the growth rate increased 3.4% on long-lasting goods like...
by Sam Sharpe | Sep 6, 2020 | Manufacturing
Unlike many of his coworkers, Graham Davis was relieved to be laid off from his job at Boeing. Davis, who worked as an electrical maintenance technician at the company’s Everett, WA plant, was glad to know he would at least receive compensation when the company...
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 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...
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. ...