Semiconductor lead times, the time it takes for a company to order a chip and taking delivery, increased to 17 weeks in April, indicating shortages of these critical components are intensifying, according to Bloomberg.
The United States today is producing roughly the same amount of goods and services as before the coronavirus pandemic -- but with 8.2 million fewer workers, equal to the combined payrolls of every employer in Virginia, Arizona and Iowa.
The Western World has mostly succeeded in reducing emissions by shifting their emissions to factories in developing nations. In industries like Steel, Cement and Plastic as much as 20 – 50% of all production has gone overseas.
All this was achie
Despite sagging 'hard' data, 'soft' surveys of US Manufacturing and Services sectors have been resurgent amid stimulus hype, vaccination success, and some reopenings.
The global supply chain remains "stretched thin," with Ford Motor Company announcing Thursday evening that it will continue to build its top-selling F-150 trucks and Edge SUVs without certain parts, according to CNBC, quoting a Ford spokeswoman.
Lucid Motors' newly-constructed, 730,000 square foot manufacturing is where the new Lucid Air electric car is starting to take shape. The facility is located in Casa Grande, just off Interstate 10.
Lawrence Livermore National Laboratory (LLNL) material scientists have created thermoelectric generators that can harvest waste heat from previously inaccessible sources, such as pipes with complex geometries.
Just like last month, the ISM surge was driven largely by New Orders which spiked from 61.5 to 67.6, the highest level since Jan 2004, and while employment continued to rise, from 44.3 to 46.4, it remains in contraction territory.
.... as manufacturing returns to America. You didn't really think all those jobs were going to be upgraded from China's 25-cents-per-hour wages to upscale $25-per-hour salaries in America, did you?
White House Director of the Office of Trade and Manufacturing Policy Peter Navarro unleashed an op-ed on Wednesday criticizing Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci.
Despite the record surge in the US Macro Surprise Index, May's rebound in 'soft' survey data was much more mixed than many prefer to cherry-pick (PMI rebound much more dramatic than ISM), but flash PMIs suggest June saw the re-opening euphoria is set
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