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The Institute for Supply Management’s Purchasing Managers Index showed worse-than-expected performance for manufacturing, but construction growth shone.
Consumers may spend a record $12.2 billion this year — that’s the treat. But sellers may need tricks to bring their goods to market.
Furniture used to last a lifetime. Now, not so much. But how did we get here?
Their volatility can overshadow broader trends. But those orders are just the start of a long, expansive manufacturing supply chain.
They’re usually cheaper than permanent employees, but they can reduce productivity.
Dealers are still playing catch-up after the chip shortage and suppliers are building parts for new cars rather than those on the road.
Manufacturing has been weak for a while. But companies are optimistic about government investment and a future uptick in demand.
Manufacturing slowed in July, but consumer demand and a strong service sector are shoring up the U.S. economy.
As supply chains normalize and labor demand slackens, prices and wages are cooling off.
Biden Administration policies are geared toward fixing high-tech supply chains and accelerating the transition to EVs.