manufacturing

U.S. Manufacturing Productivity Revised Sharply Higher in Second Quarter

Manufacturing employment increased during both the first and second quarters, with the gains concentrated in durable-goods industries. That combination is unusual: outside of post-recession rebounds, durable-goods manufacturers have not posted productivity growth of at least 3.6 percent in consecutive quarters while also adding jobs in both quarters since the late 1990s.

US Vice President JD Vance tours the Nucor Steel factory in Huger, South Carolina, on May

Capital Spending Boom Lifts US Manufacturing Beyond AI

A capital-spending boom is boosting American manufacturing, with production of business equipment accelerating this year and strength spreading beyond computers into machinery, electrical equipment, fabricated metals and aerospace. Output of business equipment rose 0.8 percent in July and was 6.6

Jamieson Greer, US trade representative, center right, and Kelly Loeffler, administrator o

Bessent: Our Strength Comes From What We Can Build

Treasury Secretary Scott Bessent on Tuesday laid out a doctrine of “economic statecraft,” telling the Economic Club of New York that the United States would wield its economic power “in service of our sovereignty” and warning that a country unable

Scott Bessent, US treasury secretary, during an Economic Club of New York (ECNY) event in