President Trump has implemented tariffs as a means of boosting domestic manufacturing, but economists are skeptical about the effectiveness of this strategy. Despite claims by businesses that international […]
China’s Factories Face Tariff Pressure: Impacts on Production & Employment
Chinese factories are grappling with economic challenges, as tariffs imposed by the United States significantly impact production levels and employment. The situation has raised serious concerns among stakeholders, […]
U.S. Manufacturing Contraction: ISM PMI Falls to 49.0
The U.S. manufacturing sector experienced a contraction in March, as the ISM Manufacturing PMI dropped to 49.0. This reading fell short of expectations of 49.5, signaling a decline […]
U.S. Manufacturing Contracts Amidst Tariff-Driven Price Hikes
Manufacturing activity in the U.S. contracted in March, driven by surging input costs triggered by escalating tariffs. The ISM Manufacturing Activity Index fell below 50 for the first […]
Apptronik’s Jabil Partnership Revolutionizes Robot Manufacturing
Apptronik, a pioneering robotics firm based in Austin, Texas, has announced a groundbreaking partnership with manufacturing giant Jabil that could reshape how robots are built. This innovative collaboration […]