Manufacturing

Fitbit shares rose briefly Wednesday after the company announced it would shift its manufacturing operations outside of China to avoid tariffs.

The manufacturing sector is facing challenges on finding more skilled workers. Kate Rogers reports from Newberry, South Carolina to see how one manufacturing company there is addressing this problem.

The manufacturing sector is facing a more immediate problem than the ongoing trade war: a growing skills gap.

Steve Liesman reports on how the American people are now shifting their views on the economy.

Chances of a rate cut by the Federal Reserve later this month rose after disappointing services reading fueled fears that the economic slowdown would tip the U.S. into a recession.

The services sector continued its expansion in September but at a considerably slower pace than expected, according to the ISM Non-Manufacturing Index released Thursday.

President Donald Trump again attacked the Federal Reserve on Tuesday after the weakest U.S. manufacturing reading in 10 years.

A gauge of U.S. manufacturing showed the lowest reading in more than 10 years in September as exports dived amid the escalated trade war.

St. Louis Federal Reserve Bank President James Bullard said he argued for a deeper rate cut than his colleagues approved earlier this week because he fears that the economy is slowing and manufacturing “already appears in recession.”

Former Ford CEO Mark Fields said that the United Auto Workers corruption probe will make it harder for union leaders to get their rank-and-file members to sign off on any potential new labor deal with Detroit automakers.

The Federal Reserve’s Beige Book showed that the economy is growing at a modest pace but it flagged a weak spot in manufacturing. Steve Liesman reports.

A gauge of U.S. manufacturing from the Institute for Supply Management showed the sector contracted in August, its first decline since 2016.

The yield on the benchmark 10-year Treasury note dove Tuesday to its lowest level since 2016 after a report on the U.S. manufacturing sector showed a contraction in August.

Stocks plunged on Friday after President Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.

U.S. manufacturer growth slowed to the lowest in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.