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China trade: de-risking, reshoring efforts chip away at exports as July shipments fall at steepest pace since early 2020

August 8, 2023

Millions of small business owners are struggling to keep their firms afloat due to an absence of sustainable income growth prospects, among them a Shenzhen-based housewares exporter surnamed Luo. “I’m pulling out my own savings to run my company now, and with it I can still pay for the employee salaries,” Luo said. Advertisement “But […]

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Thomas Top Five: 5 States Become Reshoring Hotspots, Amazon Invests in Local Sustainability, More Top News

August 7, 2023

Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. Welcome to Thomas Top Five, where we highlight our most popular recent stories. 1. World’s Largest […]

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The Hidden Costs of Reshoring – Lyn Alden

August 6, 2023

For the past three decades (and in some ways stretching back up to five decades), the U.S. has been in a relative industrial decline. More specifically, the share of the U.S. economy that has been involved with manufacturing and related physical industry has declined, and the share of total global manufacturing held by the U.S. […]

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Listen Now: Reshoring & Rebuilding Supply Chains – Business Facilities Magazine

August 2, 2023

The wave of companies looking to reshore and nearshore manufacturing operations shows no sign of abating. What is the state of reshoring right now? What should your company consider when approaching reshoring? Business Facilities’ Editorial Director Anne Cosgrove recently spoke with Rosemary Coates to discuss the current state of global manufacturing, possibilities for reshoring and […]

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S&P 500 Companies Ramped Up Capital Expenditures for the 9th Quarter

August 1, 2023

S&P 500 companies have ramped up their capital expenditures (CapEx) for the ninth straight quarter, following years of underinvestment, according to research from Bank of America. Key Takeaways Nonresidential fixed investment by S&P 500 companies—a proxy for capital expenditures—grew at a 7.7% seasonally-adjusted annual rate in the second quarter. Despite a slowdown from recent quarters, […]

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Medical Device Manufacturers Rapidly Reshoring Operations To Strengthen Their Domestic Supply Chains, According To Xometry’s 2023 Medical Industry Survey

August 1, 2023

NORTH BETHESDA, Md., Aug. 01, 2023 (GLOBE NEWSWIRE) — More than two-thirds of medical industry professionals say they are in the process of reshoring or considering reshoring their operations in the next 12 months to ensure stability, according to Xometry’s annual Medical Device Manufacturing Report. Despite ongoing supply chain disruptions that are amplified by a […]

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Talent Talk: What Could Derail the Coming US Manufacturing Boom

July 31, 2023

“And I wondered if hurdlers ever thought, you know, this would go faster if we just got rid of the hurdles.” ― John Green, The Fault in Our Stars In previous Talent Talk columns we explored what appears to be a coming renaissance in US manufacturing, driven by new technologies, reshoring, and government initiatives. We […]

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Rexel makes slow progress toward a big digital milestone

July 31, 2023

Rexel still has a long way to go to reach its digital sales goal. It wants 50% of sales to come from digital commerce in four short years. But the company is coming up on nearly half of its digital sales goal. And in some regions, such as the U.S. and Canada, the distributor is […]

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Investment Strategy Monthly Insights: Exploring Targeted Diversification via Covered Call Strategies, Uranium and Silver Miners

July 31, 2023

In the first half of 2023, the Nasdaq 100 rallied 39%, its strongest first half year rally since 1983 when it rose 37%. Similarly, the S&P 500 index rose 16% in the first half—although the median stock only advanced 5%, as market breadth has been relatively narrow and driven predominantly by mega cap tech names.1 […]

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DeSantis lays out economic agenda, takes aim at China

July 31, 2023

Florida Governor Ron DeSantis unveiled his “Declaration of Economic Independence” as part of his 2024 presidential campaign. DeSantis aims to bolster the U.S. economy by targeting China and promoting domestic manufacturing. Yahoo Finance Senior Columnist Rick Newman notes similarities between DeSantis’ economic agenda and President Joe Biden’s policies, as both candidates focus on addressing China. […]

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