Economy

Other U.S. industries seek tariff relief from Trump

Jane Hardy, the chief executive of a company that makes lawn care equipment, says she had to lay off 75 employees this summer because of President Donald Trump's trade war. As she fights to keep her southern Indiana business going, Hardy is one of the manufacturers warning the White House that, unless they see relief from the tariffs soon, job losses will mount and factory closures are likely.

Helping U.S. manufacturers: What works?

Advanced economies always lean toward services as they grow. But there are many other advanced economies out there with more robust factory sectors than the United States, employing much larger shares of their workforces and spinning off much more productive research and development. Let’s not give up without a fight, which in this context means the application of smart policy at every level of government.

Year-to-date US cutting tool consumption up 6 percent in March

March U.S. cutting tool consumption totaled $207.08 million, according to the United States Cutting Tool Institute, Cleveland, and The Association for Manufacturing Technology, McLean, Va. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 8.8 percent from February’s $190.32 million and up 3.5 percent when compared with the $200.05 million reported for March 2017. With a year-to-date total of $581.02 million, 2018 is up 6 percent when compared with 2017.