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Manufacturing (Mostly) Bounces Back After COVID-19

Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.

Machine Tool Orders Rise in October

Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.

GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.