manufacturing Archives - CFO

The Great Logistics Crunch

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.

By Vincent Ryan | September 16, 2021

U.S. Factory Orders Decline 0.1% in June

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."

By Matthew Heller | August 25, 2021

U.S. Factory Orders Climb 0.8% in June

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."

By Matthew Heller | July 27, 2021

Industrial Production Hit By Chip Supply Crunch

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.

By Matthew Heller | July 16, 2021

U.S. Factory Orders Climb 0.5% in March

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."

By Matthew Heller | April 26, 2021

Supply Pain

The onset of the pandemic reduced the global flow of goods. But when demand suddenly snapped back, supply chains proved less resilient.

By Lauren Muskett | April 21, 2021

U.S. Manufacturing Hits 3-Year High in February

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.

By Matthew Heller | March 1, 2021

White House Shows Concern Over Chip Shortage

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.

By Matthew Heller | February 11, 2021

U.S. Factory Orders Climb 1.1% in December

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."

By Matthew Heller | February 5, 2021

Core Capital Goods Orders Rise 0.7% in October

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.

By Matthew Heller | November 27, 2020

U.S. Durable Goods Orders Jump 7.3% in June

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."

By Matthew Heller | July 28, 2020

3M Stock Falls on Earnings Miss, New Layoffs

Financial Performance

3M Stock Falls on Earnings Miss, New Layoffs

The company is “the latest manufacturer to exhibit signs of strain at a time of weakness for the industrial economy."

By Matthew Heller | January 28, 2020

U.S. Job Growth Slows Unexpectedly to 145,000

U.S. Job Growth Slows Unexpectedly to 145,000

“We had relatively strong and steady job growth over the year despite a number of headwinds," an economist says.

By Matthew Heller | January 10, 2020

Manufacturing Slump Reaches 5th Straight Month

Manufacturing Slump Reaches 5th Straight Month

A gauge of manufacturing activity hit its lowest level in 10 years but the easing of U.S.-China trade tensions may benefit some industries.

By Matthew Heller | January 3, 2020

U.S. Job Growth Shatters November Forecasts

U.S. Job Growth Shatters November Forecasts

The 266,000 jobs gain shows the labor market "is continuing to provide the key foundation for the U.S. economy.”

By Matthew Heller | December 6, 2019