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Category: Manufacturing


Industries, Manufacturing

Asian chipmaking stocks on edge before Nvidia Q4 earnings test

February 20, 2024

Via: Investing.com

Most major Asian chipmaking stocks moved in a flat-to-low range on Wednesday, tracking overnight declines in NVIDIA Corporation (NASDAQ:NVDA) as markets awaited more cues on an AI-driven boom from the chipmaker’s fourth-quarter earnings. Nvidia wiped out about $100 billion in […]


Industries, Manufacturing

Automakers Notch Double-Digit Sales Gains for Third Quarter

October 3, 2023

Via: The Wall Street Journal

U.S. auto-industry sales continued to rise in the third quarter, with automakers and buyers largely unfazed by higher interest rates and the impact of a continuing United Auto Workers strike. Automakers sold an estimated 3.9 million new cars and trucks […]


Industries, Manufacturing

Bipartisan Senate bill aims to bolster drug supply chain by prioritizing U.S. manufacturing

July 27, 2023

Via: NBC News

A bipartisan group of senators aims to strengthen the pharmaceutical supply chain with a bill that focuses on boosting stockpiles through increased drug manufacturing in the U.S. and allied countries. The legislation, introduced Thursday and first shared with NBC News, […]


Industries, Manufacturing

UK Manufacturing Contracts Again As Uncertainty Weighs On Demand

July 3, 2023

Via: Markets Insider

Despite easing price and supply chain pressures, the UK manufacturing activity shrank further in June amid an uncertain outlook for both domestic and foreign orders, final survey results from S&P Global and the Chartered Institute of Procurement & Supply showed […]


Industries, Manufacturing

Germany Producer Price Inflation Eases To 15.8%, Lowest Since Sep 2021

March 20, 2023

Via: Markets Insider

Germany’s producer price inflation eased for the fifth straight month in February to reach its lowest level in nearly one-and-a-half years amid a continued slowdown in energy prices, preliminary data from Destatis showed on Monday. The producer price index, or […]


Industries, Manufacturing

Pentagon to Reap Rewards From $53 Billion Chips Act

February 28, 2023

Via: The Wall Street Journal

The Pentagon will have secure access to leading-edge semiconductors manufactured at facilities receiving funding from the $53 billion Chips Act, Commerce Secretary Gina Raimondo said, ensuring the industry can supply the military with the advanced chips it needs for modern […]


Industries, Manufacturing

UK Manufacturing Output Falls; Selling Price Inflation Expectations Slow: CBI

February 21, 2023

Via: Markets Insider

The UK manufacturing output declined in February at the fastest pace since September 2020 and selling price expectations slowed to the lowest since early 2021, survey data showed on Tuesday. A net balance of -16 percent of manufacturers said output […]


Industries, Manufacturing

January PPI Report Shows Producer Prices Rose, Pointing to Persistent Inflation

February 16, 2023

Via: The Wall Street Journal

U.S. supplier prices rose 6% in January from a year earlier, a sign of still stubborn inflation pressures in the economy. That increase in the producer-price index, which generally reflects supply conditions in the economy, was slower than December’s 6.5% […]


Industries, Manufacturing

UK car production slumps to 66-year low

January 26, 2023

Via: Sky News

The Society of Motor Manufacturers and Traders (SMMT) had already reported how the sale of new vehicles in 2022 was severely damaged by the lack of key components, particularly semiconductor chips. COVID-led supply chain disruption harmed the ability of UK […]


Industries, Manufacturing, Retail & Wholesale

Retail Sales, Factory Declines Point to Slowing Economy

December 15, 2022

Via: The Wall Street Journal

U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation. November retail sales fell 0.6% from the prior month for the biggest decline this year, the Commerce […]


Industries, Manufacturing

UK Manufacturers Expect Sharp Fall In Output In Months Ahead: CBI

September 21, 2022

Via: Markets Insider

UK manufacturers reported a marginal fall in production in the three months to September but they expect a much sharper decline over the coming three months, monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed Wednesday. […]


Industries, Manufacturing

UK manufacturing suffers steepest fall since May 2020

September 1, 2022

Via: Markets Insider

Last month’s output saw its largest contraction since the height of the pandemic in May 2020, according to the latest S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI). The index dropped to 47.3 from 52.1 in July – numbers above […]


Industries, Manufacturing

UK manufacturing ‘hampered by market uncertainty, cost of living and war in Ukraine’

August 1, 2022

Via: Sky News

The S&P Global/CIPS UK Manufacturing PMI scored 52.1 in July – the lowest for 25 months and down from 52.8 in June. Any number above 50 is seen as growth, so it means that the sector is still growing, albeit […]


Industries, Manufacturing

U.S. Factory Growth Slowed in July on Decline in Orders

August 1, 2022

Via: The Wall Street Journal

Growth at U.S. manufacturing companies was its weakest in two years in July, but inflationary pressures showed signs of cooling as commodity prices eased, according to surveys of purchasing managers released Monday. The Institute for Supply Management’s index of U.S. […]


Industries, Manufacturing

China Car Sales Jump as Covid Curbs Relaxed

July 8, 2022

Via: The Wall Street Journal

China’s car sales rose almost 23% in June from a year earlier as production recovered in lockdown-hit Shanghai to meet pent-up demand and government cash incentives stimulated purchases in the world’s biggest auto market. Sales for passenger cars also rose […]


Industries, Manufacturing

UK new car sales slump to worst June in 26 years

July 5, 2022

Via: Sky News

Registrations of new cars plummeted about 24% last month compared with June 2021, according to the Society of Motor Manufacturers and Traders (SMMT). Manufacturers have had problems fulfilling orders due to global shortages of semiconductors, the trade body said. The […]


Industries, Manufacturing

McConnell warns Dems of fallout for reviving Biden bill

July 1, 2022

Via: ABC News

Senate Republican leader Mitch McConnell threatened Thursday to derail a bill designed to boost semiconductor manufacturing in the United States if Democrats revive their stalled package of energy and economic initiatives. The rejuvenation of the Democratic reconciliation package, central to […]


Enterprise, Industries, Manufacturing

Lego is building a $1 billion factory in Virginia to capitalize on its fast-growing US fanbase

June 16, 2022

Via: Markets Insider

Lego Group plans to build a US factory in Chesterfield County, Virginia, to better supply one of its biggest markets. The $1 billion investment will create almost 1,800 jobs, the Danish company said. Sales for the world’s largest toy maker […]


Industries, Manufacturing

May US producer prices soared 10.8 % as energy prices jumped

June 14, 2022

Via: ABC News

U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing. Thursday’s report from the Labor Department showed that the producer price index — which […]


Industries, Manufacturing

It survived the pandemic, but will Rolls-Royce ever be the same again?

June 8, 2022

Via: MoneyWeek

Over the past 15 years, Rolls-Royce (LSE: RR) has lurched from disaster to disaster and shareholders have had to bear the pain. The stock has produced an awful total return (ie including dividends) of -1.2% per year over the past […]