The U.S. manufacturing economy contracted for a second straight month, the Institute for Supply Management said today.
Shyft Group Inc. said it completed its acquisition of XL Fleet.
Regionalization is becoming a powerful strategy to overcome risks to business continuity arising from tariffs, geopolitical tensions, supply chain disruptions and other challenges. But using it purely as a defensive de-risking maneuver misses the overall narrative.
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Metalforming companies’ forecast for economic activity over the next three months remained fairly steady from the previous month, with some manufacturers expressing optimism and others anticipating headwinds.
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