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Survey Reveals Strong Support for NAFTA
There’s been some concern regarding whether or not the United States would remain in the North American Free Trade Agreement (NAFTA). After taking office, President Trump voiced his displeasure for NAFTA, saying it wasn’t a fair deal for the country. … Read More
Toyota to Invest $1.6 Billion in New U.S. Factories
Automaker Toyota Motor Corporation has announced plans to invest some $1.6 billion in new U.S. factories in a joint venture with Mazda. In terms of revenue, Toyota is currently ranked as the world’s second-largest automotive manufacturer, only behind Volkswagen Group. … Read More
National Association of Manufacturers Survey Shows Optimism for Industry
What’s in store for the country’s manufacturing industry? Well, most experts predict a bright future for American manufacturing, a sentiment that was shared in a recent survey conducted by the National Association of Manufacturers (NAM). Last month, President Trump held … Read More
Manufacturing PMI Reaches Highest Point Since 2014
The United States manufacturing industry is growing at a faster pace that what most analysts had predicted. In fact, the Institute of Supply Management (ISM) recently rated the market with a 57.7% PMI, which is 17% higher from January’s rating … Read More
US Manufacturing Growing at Fastest Rate in 2 Years
The United States manufacturing industry has expanded at its fastest pace in roughly two years, according to a recent report published by the Institute for Supply Management (ISM). Researchers say this trend reflects stronger output and more orders since August … Read More
US Manufacturing Output Increased in October
October was a good month for the United States manufacturing industry. According to recent reports, the industry experienced positive output for the second month in October, signaling growth after a short but noticeable period of stagnant activity. Earlier this week, … Read More