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New data from S&P Global out Friday showed its manufacturing PMI increased to 50.1 in January, up from 49.4 in December and marking a seven-month high for the index. Readings above 50 indicate ...
U.S. manufacturing output surged in December likely as production at Boeing picked up following the end of a crippling strike by factory workers at the aerospace giant. Factory output increased 0. ...
The ISM's manufacturing PMI fell to 46.5 last month, the lowest level since July 2023, from 47.2 in September. A PMI reading below 50 indicates contraction in the manufacturing sector, which ...
Such oversights have been reported in the news as far back as 1987. Scrutiny over Boeing's process of addressing manufacturing issues began increasing in the aftermath of two fatal crashes involving the Boeing 737 MAX—Lion Air Flight 610 in late 2018 and Ethiopian Airlines Flight 302 in early 2019. [1]
Manufacturing output recovered from the Great Recession, reaching an all-time high in 2021, but manufacturing employment has been declining since the 1990s, giving rise to what is known as a "jobless recovery," which made job creation or preservation in the manufacturing sector an important topic in the 2016 United States presidential election.
The following is a list of the world's largest manufacturing companies, ordered by revenue in millions of U.S. dollars according to the Fortune Global 500. Currently the 50 biggest companies by revenue are included.
WASHINGTON (Reuters) -U.S. manufacturing contracted at a moderate pace in November, with orders growing for the first time in eight months and factories facing significantly lower prices for inputs.
Nashville-based Bridgestone Americas plans to shutter its tire plant located in La Vergne, Tennessee, later this year, which will leave 700 workers based in Rutherford County without jobs. The U.S ...