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Employers’ Use of Robots Surged in 2021

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Businesses in the United States have recently added robots to their workplace in 2021 at a record pace, according to the industry group the...
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Factory Production Hampered by Supply Constraints and Hurricane Ida

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New data reveals that factory production across most industries in the United States slowed in August, possibly for many reasons. Hurricane Ida forced many...
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Ford Announces Week Long Closure of Kansas City Plant

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In yet another sign that the global semiconductor chip shortage will continue to affect automakers all over the world, Ford recently announced that they...
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Automakers Post Record Quarterly Earnings Amid Chip Shortage

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Toyota and Honda, two of the biggest automakers worldwide, recently revealed record quarterly earnings, even amid the global chip shortage. However, because of recent...
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Inventories Rose in May For Most; Auto Inventories Decreased

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Overall U.S. business inventories increased, for the most part, in May. However, auto inventories did end up decreasing. The nation is still dealing with...
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Ford To Shut Down Some Factories Amid Chip Shortage

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Ford Motor Company recently announced that it would shut down some of their factories amid the global chip shortage that has caused many problems...
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Congress Urged to Act On Auto Chip Funding

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The United States Commerce Secretary Gina Raimondo has urged lawmakers to act on auto chip funding before Congress departs for their August recess. Previously,...
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