Adams: America’s supply chain still in trouble

February 13, 2024

The global supply chain disruptions caused by the COVID-19 pandemic were a wake-up call to America’s overreliance on imports of a broad range of critical products and materials. In the harrowing months that brought shortages and price spikes of essential goods — everything from personal protective equipment for first responders to computer chips for cars […]

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ABC’s Construction Backlog Indicator slips slightly in January

February 13, 2024

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for January. View the full Construction Backlog Indicator and Construction Confidence […]

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2024? NAI Hiffman expert predicts a strong new normal in Chicago’s industrial sector

February 13, 2024

Reshoring. The rising demand for cold storage. And Chicago’s status as the hub of the country’s warehousing and distribution network. These are all reasons why Nick Schlanger, director of research services for Oakbrook Terrace, Illinois-based NAI Hiffman, is predicting an even stronger year for Chicago’s industrial sector in 2024. We recently spoke with Schlanger about […]

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Supply chains: when the chips are down

February 11, 2024

In the latest in a series of business school-style teaching case studies, Professor Usha Haley considers the supply problems faced by technology and electronics companies because of growing restrictions on US-China trade. Readers are invited to read the article and linked stories and consider the questions raised at the end. China and the US are […]

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Reshaping Global Trade: Public-Private Collaboration for Resilience and Reinvention

February 9, 2024

Global trade faces an era of fragmentation due to geopolitical tensions and climate change. Resilience comes through public-private collaboration, reshoring, friend-shoring, and reducing transportation costs. The private sector plays a pivotal role in informing negotiations and policies, while Africa stands as a beacon of promise with the African Continental Free Trade Area (AfCFTA). In a […]

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Mexico leading source of goods imported by US

February 9, 2024

WASHINGTON (AP) – For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States (US). The shift reflects the growing tensions between Washington and Beijing as well as US efforts to import from countries that are friendlier and closer to home. […]

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Mexico surpasses China as top source of US imports amid global economic shifts

February 8, 2024

In a significant economic shift, Mexico has emerged as the leading source of goods imported to the United States, overtaking China for the first time in more than two decades. According to a report by the Associated Press (AP), figures released by the US Commerce Department on Wednesday reveal that the value of goods imported […]

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Mexico leading source of goods imported by US

February 8, 2024

WASHINGTON (AP) – For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States (US). The shift reflects the growing tensions between Washington and Beijing as well as US efforts to import from countries that are friendlier and closer to home. […]

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Mexico overtakes China as the leading source of goods imported to U.S.

February 7, 2024

WASHINGTON (AP) — For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier and closer to home. Figures […]

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Will Biden Get Chip Markets Right?

February 6, 2024

Employees of the chip company Infineon walk along the clean room of its factory in Dresden, Germany, April 26, 2023. There’s a latent tension at the heart of the Bidenonomics agenda between industrial policy and competition policy. Efforts to reshore manufacturing can lead to government-protected national champions. Some policy architects favor this for the purpose […]

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