BERLIN—German industrial production unexpectedly fell in September, official data showed on Friday, as supply bottlenecks for raw and preliminary materials continued to take a toll on output in Europe’s biggest economy. The Federal Statistics Office said industrial output fell by 1.1 percent on the month after an upwardly revised drop of 3.5 percent in August….
German Industrial Production Drops in September on Supply Chain Shortages
November 5, 2021
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Industrial Giant 3M Lowers Profit Outlook on Supply Chain Woes
3M Co. cut its full-year earnings forecast on Tuesday, as the diversified manufacturer battles rising inflation, supply chain bottlenecks, and higher commodity prices. While demand for goods has rebounded with massive stimulus and the reopening of economies, a labor shortage and soaring raw material prices have left U.S. manufacturers in the lurch. Shares of 3M,…
US Company Results in Industrial, Materials Sectors Could Shed Light on Inflation Woes
October 24, 2021
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NEW YORK—Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key swath of the U.S. economy are dealing with surging inflation, supply chain bottlenecks, and higher commodity prices. Companies in those sectors—which include logistics and transportation firms, major chemical makers and manufacturers, and suppliers for the aerospace,…
German Industrial Production Slumps on Supply Chain Disruption
BERLIN—German industrial output suffered its steepest drop in August since April last year, due to supply chain disruptions that are holding back growth in Europe’s biggest economy and hitting the auto sector particularly hard, official data showed on Thursday. The Federal Statistics Office said industrial output fell by 4.0 percent on the month after an…
German Industrial Orders Fall More Than Expected in August
BERLIN—German industrial orders fell more than expected in August on weaker demand from abroad following two months of unusually strong gains due to major contracts, data showed on Wednesday. The figures published by the Federal Statistics Office showed orders for goods ‘Made in Germany’ were down by 7.7 percent on the month in seasonally adjusted…
How a Small US Town Is Leading the Way in AI, Robotics, and the Fourth Industrial Revolution
Technology, AI, robotics. We don’t always see it, but these days we are always surrounded by it. In the wrong hands, robots can be hacked, manipulated, or even programmed to kill. And will robots replace our jobs, or will they create a new industry requiring new workers to learn new skills? We went to a…
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