WASHINGTON—In response to Russia’s invasion of Ukraine, the Bureau of Industry and Security (BIS) at the U.S. Commerce Department has banned exports of high-tech products to Russia. The BIS' goal is to hamper Russia's ability to produce tanks, airplanes and other military equipment.
WASHINGTON—A new U.S. Department of Commerce report says many manufacturers that rely on semiconductors have only a few days worth of inventory at any time.
ROSSLYN, VA—The National Electrical Manufacturers Association recently recommended to the Commerce Department Bureau of Industry and Security the need to establish U.S. semiconductor manufacturing and supply chain capabilities in key applications, such as those that use connectivity technologies.
WASHINGTON—New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and electrical equipment, government data showed on Monday, suggesting a slowdown in manufacturing as 2018 ended.
WASHINGTON—New orders for U.S.-made goods rose more than expected in March, boosted by strong demand for transportation equipment and a range of other products, but there are signs that business spending on equipment is slowing, the Commerce Department said last week. Factory goods orders rose 1.6 percent, Data for February was revised up to show orders jumping 1.6 percent instead of the previously reported 1.2 percent increase.
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.
