Estimated reading time: 0 minutes, 29 seconds

Manufacturing Slows As Material Costs Rise

Sunday, May 06 2018
News Roundup
Written by  TPB News

Material costs continued to rise amid tariff and supply concerns while manufacturing in the U.S. expanded at its slowest pace since July. So reports Investor's Business Daily.

According to data from the Institute for Supply Management included in the article, indicators show factories are struggling to keep up with demand while delivery times grew to their second longest since March of 2010. Recently enacted economic policies have had polar effects on businesses, with tax cuts working in favor of manufacturers and steel and aluminum tariffs partly disrupting the supply chain.

Read the full article from Investor's Business Daily. 

Read 3016 times
Rate this item
(0 votes)
More in this category: « Labor Shortage Drives Employment Rates Up Asphalt Paver Crushes Worker in Florida »

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline