Supply Chain 4 results

Order for U.S Durable-Goods Rose By 11.2% in July

Manufacturing all around the world has taken a hit due to Covid-19, and the U.S. is no exception. Many companies in the U.S. have been dealing with supply chain disruptions, factory closures, and a lack of demand due to the effects of Covid-19. However, new data shows that the manufacturing sector is starting to rebound. According to new information released by the Commerce Department, orders ...

U.S., Euro Firms May Face $1 Trillion in Supply Chain Relocation

The Covid-19 pandemic’s impact was first felt by many companies via their supply lines. As factories and other facilities shut down in China earlier in the year, several businesses had their supply chains thrown into disarray. Now, the cost to relocate these manufacturing processes away from China could cost them quite a large amount of money. According to research by Bank of America, ...