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 […]
Reshoring News
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 […]
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 […]
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. […]
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 […]
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. […]
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 […]
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 […]
The escalation of attacks on international shipping in the Red Sea is making itself feltin consumer goods supply chains. The furniture industry is noexception. The delays and higher costs associated with the disruptions arebeing particularly keenly felt by smaller retailers. The Europeanfurniture retail sector is heavily exposed to imports from Asia bysea given there are […]
Despite promising predictions of a more stable economy this year, it seems 2024 could be just as unpredictable as the last four years. Inflation actually rebounded in December, putting manufacturers who are desperate for a break from economic chaos once again on edge about what to expect. Instead of waiting for things to “return to normal,” it may […]
