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Manufacturing Surges in February

Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.

GM Profit Rebounds in Quarter

General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.

Caterpillar Profit Slips Due to Pandemic

Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.

Manufacturing Forecast to Expand in 2021

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.