WASHINGTON--New orders for manufactured goods fell 0.1 percent in October from the month before, according to a report from the Commerce Department on Monday, but that was better than the 0.4 percent decline expected in a consensus estimate from analysts. This latest performance followed an upwardly revised September hike of 1.7 percent.
WASHINGTON--The U.S. manufacturing sector has weathered a bumpy road over the course of the past two decades, but successfully righting the country's industrial ship would mean an economic windfall of $530 billion, according to a new report from The McKinsey Global Institute.
As automakers and suppliers search for new ways to reduce vehicle weight, some engineers are experimenting with natural fibers. Bamboo, cotton, hemp, jute, kenaf, rice and other crops can be used to produce high-strength composite structures for automotive applications.
WASHINGTON--The Trump administration is advocating for a more balanced trade relationship with Japan as high-level economic talks with the Asian nation advance this week in Washington, according to Vice President Mike Pence.
When it comes to jewelry, copper is definitely less valuable than gold or silver. In the world of assembly, however, copper is much more in demand. Its uses range from electrical conductors in wire, to solar-cell foundations, to sheet metal products for commercial and residential applications.
Disposable or reusable? Consumers face that choice many times each day. Should we buy a bottle of water for the gym or fill a thermos at home? Should we eat dinner on paper plates or use the dishes? Which to choose depends on many factors, including convenience, cost and the environment.
DAGENHAM, UK—Ford Motor Co.’s engine assembly plant here is a surprising haven for 50 species of birds, protected voles, and a rare ladybug. Employees from the plant help to maintain and improve the habitat surround the factory by keeping waterways clear, restocking fish supplies, and planting more than 10,500 trees over the past 20 years.
Later this month, Donald Trump will be sworn in as the 45th president of the United States, and a raft of policy changes are sure to come. Among others, the president-elect has vowed to roll back proposed regulations covering power plant emissions, contending that they will hurt the economy and put U.S. industries at a competitive disadvantage.
WASHINGTON—The U.S. Department of Energy is providing nearly $25 million to fund 13 projects aimed at advancing technologies for energy-efficient electric motors for industrial machinery.
OTTAWA, OH—Whirlpool Corp. began construction on a $3.3-million wind-turbine project at its freezer assembly plant here. The project will generate more than 30 percent of the plant’s power needs.
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