Latest News Updates From Paul Wiseman

Business, Equipment, Logistics

US Industrial Production Up 3%; Factory Output Rises 3.4%

American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.

August 14, 2020
Business, Equipment

Survey: US Factories Sink in May for Third Straight Month

American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic.

June 1, 2020
Government, Business

US, Global Manufacturing Contracted in March

Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.

April 1, 2020
Government, Business

US Trade Deficit Narrows to $45.3 Billion in January

WASHINGTON — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.

March 6, 2020
Government, Business

Factories Expand Despite Virus, Though Deliveries Slow

WASHINGTON — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak.

March 2, 2020
Government, Business

US Trade Deficit Drops for First Time in Six Years

The U.S. trade deficit fell 1.7% last year to $616.8 billion as President Donald Trump hammered China with import taxes.

February 5, 2020
Government, Business

Survey: US Factories Expand for First Time Since July

U.S. factories expanded unexpectedly last month, snapping a five-month losing streak.

February 3, 2020
Government, Business, Fuel

November US Consumer Prices Up 0.3% on Rising Energy Costs

WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.

December 11, 2019
Government, Business

US Trade Gap Narrows 7.6% to $47.2 Billion in October

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.

December 5, 2019
Government, Business

US Chickens Headed to China After Beijing Lifts 5-Year Ban

WASHINGTON — China is lifting a five-year ban on U.S. poultry, a goodwill gesture at a time when the world’s two biggest economies are trying to finalize a tentative trade deal.

November 14, 2019