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Manufacturing Contracted End of 2022

Now that 2022 is in the rearview mirror, here’s another reason to be glad we’ve closed the door on 2022, December metrics say the manufacturing industry contracted rapidly due to weak demand from clients.

Let’s hope 2023 gets a little rosier.

Dell Moving Chip Production Outside of China

In a continued exodus from China and spreading of supply chain risk, Dell, plans to move all its chip production for its products outside of China by 2024.

The reason not just limited to the restrictions and delays caused by the pandemic but of increasing tensions between the US and China.

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Staple Grains See Record Harvest Levels in 2016

ByVincent Po December 30, 2016July 20, 2019

Staple grains like wheat and rice were produced in record numbers in 2016. This high level of production has helped stabilize the global food market and keep the world food import bill low. This is good news for consumers who have faced increasingly higher prices for staple grains over the last few years.

News

Obama’s Plans to Reduce CO2 Emissions Strikes Fear in Manufacturing and Transportation Industries

ByVincent Po August 6, 2013August 2, 2013

Before Republicans gained a majority in the House in 2008, Obama’s “cap and trade” legislation failed to pass. Since then, no new legislation to reduce carbon dioxide emissions in the U.S. has been seriously considered. Environmentalists have complained that the President is doing nothing to reduce emissions. Instead of trying to push new legislation through…

News

The News is Not All Bad for Slow-Growing Software Spending

ByVincent Po May 9, 2013May 3, 2013

According to a new report released by International Data Corporation (IDC) entitled “Worldwide Semiannual Software Tracker,” the software industry as a whole grew just 3.6 percent over the past year, or about half the growth the industry experienced during 2010 and 2011. According to authors of the report within IDC, this slowing of growth indicates…

News | North America | Regions

Auto Industry Faces Explosive New Recall

ByVincent Po September 9, 2014September 8, 2014

According to CBS News, “BMW, Chrysler, Ford, Honda, Mazda, Nissan and Toyota will all recall cars at the U.S. government’s request because their air bag inflators could rupture. If that happens, the air bags might not work properly in a crash, and shards from the ruptured system could fly out and cause injury.”

News | North America

New Department of Defense Rule on Bidders’ Supply Chains is Unclear, Potentially Unfair

ByVincent Po February 24, 2014February 22, 2014

In an attempt to make the supply chains for those bidding on certain projects with the Department of Defense more secure, the Department has issued a new rule. The rule, howeverm, makes it completely unclear what bidders are expected to do, and if a bidder is found to be lacking in regards to supply chain security, they…

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Trends in Trucking Indicate Both Good and Bad News for the Future of the Economy

ByVincent Po November 20, 2013November 15, 2013

According to the American Trucking Association, truck freight rose slightly (1.4 percent) during the month of August. This comes on the heels of a slight downturn in July (0.6 percent), but is the third month within the past four months that freight rose, which is a positive indicator.