Category: Manufacturing

November 13, 2019

Chip stocks may be pointing the way to a rebound in the manufacturing economy. Manufacturing activity has been contracting since the summer, according to the widely watched ISM manufacturing index, but that may be about to change. Natixis economist Joseph […]

November 6, 2019

Factory orders in Germany, Europe’s biggest economy, increased in September after two consecutive monthly declines. The Economy Ministry said Wednesday that orders were up 1.3% compared with the previous month. They were led higher by demand from countries outside the […]

October 3, 2019

Tesla’s third-quarter deliveries miss may reveal a more worrying trend, according to JMP Securities. “The delivery data show low single-digit sequential unit growth, and we know of no operational issues that could have prevented TSLA from delivering more vehicles if […]

October 1, 2019

U.S. stocks gave up early morning gains to trade lower Tuesday morning after the Institute for Supply Management’s survey of U.S. manufacturers showed the sector falling deeper into contraction, as President Trump’s trade war with China drags on. What are […]

September 16, 2019

Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects. That’s the finding of a third quarter survey of 1,000 companies released last week by the U.S. Chamber of Commerce and MetLife. […]

September 9, 2019

Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China […]

August 27, 2019

Can GE stage a comeback by reviving its fabled collection of industrial businesses that make everything from ultrasound scanners to B-52 engines to turbines for nuclear plants? That’s the pledge from its newly-installed, superstar CEO Larry Culp, who has praised […]

August 1, 2019

The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers’ signaled slower hiring. A gauge of employment within the report fell to the […]

July 10, 2019

Tesla shares rose in premarket trading on Wednesday after a report that the electric automaker will raise output at its factory in California. The company’s automotive president Jerome Guillen said in an email to employees that Tesla is “making preparations” […]

June 11, 2019

Apple Inc. has a backup plan if the U.S.-China trade war gets out of hand. The Cupertino, Calif.-based company’s primary manufacturing partner has enough capacity to make all iPhones bound for the U.S. outside of China if necessary, according to […]