Video: U.S. in Midst of ‘Manufacturing Renaissance’ Says Trump

President Donald Trump is highlighting what he calls and "economic revival" as he addresses electrical contractors in Philadelphia.

Oct 10th, 2018

President Donald Trump highlights what he calls and "economic revival" as he addresses electrical contractors in Philadelphia.

Industrial Media Unboxing Video

Industrial Media Unboxing Video

IEN Unboxed is a new show in which our editors unbox new tools on the market and discuss their features.

In this March 24 photo, mid-sized pickup trucks and full-size vans are seen in a parking lot outside a General Motors assembly plant where they are produced in Wentzville, Mo.

August U.S. Producer Prices Soar Unprecedented 8.3% Year-Over-Year

It was the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.

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Fastener Distributor Index Hits 10-Month Low, Though Outlook Improves

Survey respondents again pointed to supply chain havoc and labor constraints as their key concerns.

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ABC: Nonresidential Construction Spending Weak in July

Spending was down on a monthly basis in six of 16 nonresidential subcategories.

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U.S. Manufacturing Growth Accelerated Slightly in August

Despite shortages of materials and labor, last month's PMI ticked up 0.4 points from July.

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Chicago PMI Slides as Firms Cite Shortages of Materials, Labor

The index's Order Backlogs indicator hit its highest mark since 1951 and Prices Paid were its highest since 1979.

This satellite image provided by the National Oceanic and Atmospheric Administration and captured by NOAA's GOES-16 shows lightning swirling around the eye of Hurricane Ida as the storm approaches the Louisiana coast on the morning of Aug. 29.

Analysts Estimate Modest Economic Damage from Ida

That's as long as damage estimates don't rise sharply and refinery shutdowns are not prolonged.

Manufacturer Raises Wages to Compete for Employees

As manufacturers compete for help, companies are getting aggressive.

Facade on the Federal Reserve Building in Washington DC.

Fed to Dial Back Ultra-Low Interest Rates Later This Year

However, the beginning of tapering does not signal any plan to start raising the Fed’s benchmark short-term rate.

June Cutting Tool Orders Up 7.1% From May, 20.5% YoY

The 12-month moving average improvement is in a healthy range.

Federal Reserve Board Chair Jerome Powell at a Senate hearing, July 15, 2021.

Fed Chairman: No Returning to Pre-Pandemic Economy

The pandemic, he said, appears certain to permanently "change the nature of work and the way work gets done."

In this March 24, 2021 photo, a sign stands near an entrance to a General Motors assembly plant in Wentzville, Mo.

U.S. Factory Output Accelerates to 4-Month High

It reflected a surge in production at auto plants that are still wrestling with major supply chain problems.