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Is Manufacturing in America Up or Down?

I have been confused lately by contradictory messages coming from people and news sources I pay attention to. On the one hand I hear and read—from knowledgeable sources—that manufacturing in the U. S. is becoming “hollowed out.”

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.

Boeing Reports Record Loss

Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.

Future Trends for Manufacturing

The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.