The seemingly unstoppable Northwest Arkansas economy was punched in the gut Wednesday (July 30) as Superior Industries announced the closure of its wheel making plant in Rogers, eliminating 500 jobs as production is transitioned to sites in Fayetteville and Mexico. Part of the reasoning behind the closure of the Rogers location is the age and […]

American companies have outsourced its manufacturing work for decades to low-cost countries like China, Vietnam and India to take advantage of cheap labor rates. This has taken a toll on the American manufacturing sector – the Bureau of Statistics indicates that nearly six million manufacturing jobs were lost between 1999 and 2009 (over one-third of […]

New Call Telecom in East Lancashire, which owns the Primus Saver brand, is to create 20  jobs. The new positions at the Burnley-based business will take its workforce up to 190 staff. New Call has grown its staff numbers in recent years after reshoring its contact centre operation from Mumbai in India to […]

2:07pm: The decade that preceded the 2008 financial crisis was marked by massive global trade imbalances, as the United States ran large bilateral deficits, especially with China. Since the crisis reached its nadir, these imbalances have been partly reversed, with America’s trade deficit, as a share of GDP, declining from its […]