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US Business Activity Cools in April; Inflation Measures Mixed
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US Factory Orders Increase Solidly in February
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Matt Arnold just spent $5,000 to run help-wanted ads for his company s five trailer factories scattered from Pennsylvania to Utah. We hired two from the ads, said Arnold, just a fraction of the 125 he needs to get back to full strength of 673 workers. Half the welding jobs at his Texas plant are open, for instance, creating a bottleneck in an operation that builds trailers on metal frames.
U.S. manufacturers have long grumbled about labor shortages, but the past year has proven particularly frustrating.
As the pandemic pushed millions out of work, most from service industries such as hotels and restaurants, many factories were pushed into overdrive by surging demand for everything from pickup trucks to plastic bags. And yet high jobless rates have not translated into workers flocking to open positions on assembly lines.
POLICE NEWS: Vehicle break-ins reported
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save and inreinvest in our farm. china has singled out 106 american products for 25% higher tariffs, including soybeans and corn, beef, whiskey, tobacco, cars, trucks, suvs and planes. the move comes just hours after the trump administration imposed another round of products on steel for intellectual property including electronics, steel, and much more potentially making product americans enjoy much more expensive. mr. trump tweeting, we are not in a trade war with china. that war was lost many years ago by the foolish or incompetent people who run the u.s. but it was suggested yesterday it could be a negotiating tact ig. there are carrots and sticks in life, but he is ultimately a free trader. a look trailers in indiana, matt arnold must now pay 25% more for steel.