manufacturing

S&P Global Says Manufacturing Growth Accelerated In February

“Firms are consequently investing in more staff and more equipment, laying the foundations of further production gains in the coming months to hopefully drive a stronger and more sustainable recovery of the manufacturing economy,” S&P Global’s economist said.

Woman at work in factory.

Study Reveals U.S. Cities Most at Risk of Losing Jobs to AI

A new study has identified the cities across the U.S. that are most and least at risk of losing jobs to artificial intelligence. According to the report, residents of Providence, Rhode Island, and Hartford, Connecticut are most at risk of being replaced in the workforce by AI.

Human relaxes between robot workers

Toyota Production Grinds to a Halt Due to Epic IT Failure

Toyota, one of the world’s leading automakers, recently had to suspend operations in 12 of its 14 Japan-based factories due to a massive IT failure, resulting in a daily production loss of approximately 13,000 cars. The problem? The carmaker ran out of hard drive space.

Workers assemble fourth generation Toyota Prius cars on the production line at the company

Mexico Replaces China as Top U.S. Trading Partner

Senior economist Luis Torres of the Federal Reserve Bank of Dallas noted on Tuesday that Mexico has replaced China as the top U.S. trading partner, racking up $263 billion in trade during the first four months of 2023. China had been the top American trading partner since 2014, when it displaced Canada.

MEXICO CITY, MEXICO - JANUARY 09: U.S. President Joe Biden and President of Mexico Andres