by Colin Kern | May 27, 2020 | Economy
As the coronavirus wreaked havoc on the U.S. economy, manufacturers witnessed mixed economic effects. While select manufacturing industries have been deemed essential and thrived through the pandemic, most have stopped production altogether. On Monday morning, the...
by Colin Kern | May 26, 2020 | Economy
Every April, tens of thousands of furniture buyers, wholesalers, designers, and manufacturers descend on High Point, North Carolina, for the town’s iconic furniture market. For the past three years, Priscilla and Matthew Williams have been there to sell them...
by Colin Kern | Apr 14, 2020 | Economy
As America’s largest exporter, Boeing can make up as much as 1% of the country’s real GDP. As of yesterday, their biggest factory has been closed for three weeks. Everett Factory in Washington represents 80% of Boeing’s production, directly employs...
by Colin Kern | Apr 8, 2020 | Economy
As the coronavirus ebbed its way into the U.S. last month, the manufacturing sector experienced 11-year lows in both employment and new orders indexes. In its monthly report published Wednesday, the Institute for Supply Chain Management revealed a one percentage...
by Colin Kern | Mar 3, 2020 | Economy, Featured
Growth in the manufacturing economy slowed last month while threats continued to loom over supply chains. The Institute for Supply Management’s monthly index fell 0.8% to 50.1%. February was the second month in the past seven months with an index above 50%, which...