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Manufacturing Industry

All articles tagged with #manufacturing industry

business4 months ago•29 min saved

US Manufacturing Contracts for Sixth Consecutive Month Amid Tariff Uncertainty

The August 2025 ISM Manufacturing PMI report shows the U.S. manufacturing sector contracting for the sixth consecutive month with a PMI of 48.7%, indicating a slower decline. Key indicators such as new orders and employment remain in contraction, though some sectors like food and petroleum are expanding. Raw material prices continue to rise, and supply chain disruptions persist, largely due to tariffs and trade uncertainties. Overall, the manufacturing economy is experiencing a mild slowdown amid ongoing challenges.

via PR Newswire|

#august-2025 #business #economic-contraction

business1 year ago•3 min saved

"Manufacturers Grapple with Regulatory Burden Ahead of State of the Union"

The National Association of Manufacturers (NAM) released a survey showing that American manufacturers are concerned about the impact of regulatory and tax policies, with two-thirds stating that the Biden administration's regulations will be costly to implement. The survey also revealed worries about the expiration of tax incentives, with nearly 40% of respondents pulling back on hiring and investing due to increased taxes. NAM emphasized the need for constructive policies to strengthen the industry, including reinstating key tax provisions, achieving immigration solutions, and advancing permitting reform.

via Fox Business|

#biden-administration #business #manufacturing-industry

business2 years ago•3 min saved

"Nissan's UK Plant to Produce 3 New Electric Car Models, Boosting British Car Industry"

Nissan plans to invest £1.1 billion ($1.4 billion) to produce three new electric car models at its plant in Sunderland, England, along with an additional battery plant and a low-emissions industrial complex. The move aims to secure the future of Britain's auto manufacturing industry, which has faced challenges due to Brexit and the shift to electric vehicles. The plan includes the creation of a green manufacturing hub, incorporating solar and wind farms to generate green electricity for the plants. The investment could help protect the jobs of the 7,000 employees at Nissan's Sunderland plant.

via The New York Times|

#business #electric-cars #green-manufacturing-hub