The global industry is cutting some ties to China, but its exposure to forced labor remains high and companies are less transparent, a new report found.
Category: Factories and Manufacturing
The Robots We Were Afraid of Are Already Here
The long-anticipated automation revolution has begun. Robots are ready to operate forklifts and do laundry. It’s not as scary as it sounds.
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.
The Last Boeing 747 Leaves the Factory
The plane known as “Queen of the Skies” helped make air travel more affordable, but it has been supplanted by smaller, more efficient aircraft.
How a Texas Border City Is Shaping the Future of Global Trade
Laredo, across from Mexico on the Rio Grande, is primed to become one of the world’s most important land ports as American companies reduce their reliance on factories in Asia.
Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.
Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.
‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.
Electric Cars Are Taking Off, but When Will Battery Recycling Follow?
Many companies and investors are eager to recycle batteries but it could take a decade or more before enough used lithium-ion batteries become available.