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Manufacturing Jobs Drop in January

Manufacturing employment declined by 10,000 jobs last month and results were even worse in durable goods industries, the U.S. Bureau of Labor Statistics said today.

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.