The Great Logistics Crunch
The chaos has laid bare the need to stop looking at foreign supply chains as just a way to save on costs.
U.S. Factory Orders Decline 0.1% in June
“The underlying trend of demand for durable goods remains at very elevated levels and should support sustained production into 2022."
U.S. Factory Orders Climb 0.8% in June
Despite supply chain issues, "business investment is showing no signs of slowing down or a lack of confidence in continuing strength in consumer demand."
Industrial Production Hit By Chip Supply Crunch
Total production rose 0.4% in June but factory output dipped 0.1% amid supply chain constraints, particularly in the auto sector.
U.S. Factory Orders Climb 0.5% in March
"The response of capital spending to the COVID pandemic is encouraging for the outlook for 2021."
The onset of the pandemic reduced the global flow of goods. But when demand suddenly snapped back, supply chains proved less resilient.
U.S. Manufacturing Hits 3-Year High in February
“Manufacturing is doing well but it will not be smooth sailing over the next few months", in part because of supply-chain disruptions.
White House Shows Concern Over Chip Shortage
The administration is "identifying potential choke points in the supply chain" amid a shortage that has impacted automobile production around the world.
U.S. Factory Orders Climb 1.1% in December
Manufacturing has been driven by strong demand for factory goods "as 23.7% of the labor force works from home because of the COVID-19 pandemic."
Core Capital Goods Orders Rise 0.7% in October
The continued improvement in the key measure of U.S. business investment suggests manufacturers are optimistic about a return to normalcy next year.
U.S. Durable Goods Orders Jump 7.3% in June
“The sugar rush from re-openings has now faded and a resurgence of domestic coronavirus cases ... will weigh heavily on business investment."