Category: supply chain

Biden Signs Executive Order to Fortify Critical Supply Chains

President Joe Biden signed an executive order on Feb. 24 to bolster the resilience of supply chains for four critical industries following a slew of recent production shortages that have left the United States vulnerable. The executive order will begin a 100-day review of semiconductor chips, pharmaceuticals, rare earth minerals, and large capacity batteries used…


US Factory Activity Near 14-Year High; Home Sales Rose in December

WASHINGTON—U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead. Other data on Jan. 22 showed an unexpected increase in sales of previously owned homes…


US Factory Activity Near 14-Year High; Home Sales Rise in December

WASHINGTON—U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead. Other data on Friday showed an unexpected increase in sales of previously owned homes in…