Tag: Manufacturing sector performance
US retail sales fell 1.3% in May, chip shortage dings autos
NEW YORK — Retail sales fell in May, dragged down by a decline in auto sales, likely due to fewer cars being made amid...
US economy: Plenty of growth, not enough workers or supplies
WASHINGTON — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs.
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China’s manufacturing holds steady, rebound leveling off
BEIJING — China’s manufacturing held steady in May, a survey showed Monday, adding to signs a post-pandemic rebound is leveling off.
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Controversial mining operation ignoring orders to halt
NASHVILLE, Tenn. — A Tennessee gravel and sand mining operator has been ignoring a cease and desist letter for months, and opponents say its...
America’s gas-fueled vehicles imperil Biden’s climate goals
DETROIT — For President Joe Biden to reach his ambitious goal of slashing America’s greenhouse gas emissions in half by 2030, huge reductions would...
German industrial production down again in February
BERLIN — Industrial production in Germany dropped for a second consecutive month in February, official data showed Friday, a showing that increases the likelihood...
German factory orders up for 2nd straight month in February
BERLIN — Factory orders in Germany, an important indicator for Europe's biggest economy, rose for the second consecutive month in February, official figures showed...
Survey: Jump in German business optimism despite pandemic
FRANKFURT, Germany — German businesses grew more optimistic in March, despite a growing number of coronavirus cases and a looming tightening of pandemic restrictions,...
German factory orders rise strongly in January
BERLIN — German factory orders rose more strongly than expected in January, a promising sign of strength in Europe's largest economy, official figures showed...
Democratic senators propose clean energy tax credits
CHARLESTON, W.Va. — Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean...