It took less than a year for America’s factory output to rebound from the 1991 recession. It took 3½ years to bounce back from the 2001 recession. Now, six years clear of the Great Recession, manufacturing output still hasn’t returned to the pre-crisis levels it reached in 2007, according to revised economic data from the Federal Reserve. Read more
Twenty-five years ago, Ni Meijuan earned $19 a month working the spinning machines at a vast textile factory in the Chinese city of Hangzhou. Read more
Ford Motor Co. announced, Wednesday, Aug. 12, that Ford F-650/F-750 medium-duty trucks will for the first time roll off the line in the United States, at the company’s Ohio Assembly Plant in Avon Lake. Read more
Democrats and Republicans disagree on a lot, but leaders of both parties are as keen now as they were decades ago to embrace manufacturing jobs. Read more
Ford said it will move production of the Focus and C-Max small cars from its Michigan Assembly Plant in 2018, with union officials saying they were told the work will leave the U.S.. Read more
Last fall, Wal-Mart promised to purchase $250 billion in Made in USA products by 2023, a move it said would create 1 million U.S. jobs over time. Two-thirds of the goods in its domestic stores are already made, sourced, assembled, or grown in the United States, the company added. Read more
WASHINGTON — The Senate on Tuesday handed President Barack Obama the biggest legislative victory of his second term, with a dramatic vote clearing the way for major trade agreements with Pacific Rim nations and the European Union. Read more
