factory output News Updates

Business, Technology

Rivian Plans to Cut 10% of Salaried Staff as EV Rush Stalls

Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts.

February 22, 2024
Government, Business

Factory Output Rises Slightly, Limited by Auto Production

Production at U.S. factories barely rose in August as a drop in motor vehicle assemblies masked a rebound in output of other consumer goods and business equipment.

September 15, 2023
Government, Business, Equipment

Factory Production Rebounds in April After March Slump

Production at U.S. factories rebounded in April, led by a firm advance at automakers and suggesting some stabilization in goods demand.

May 16, 2023
Government, Business, Equipment

Factory Gauge Falls to Lowest Since May 2020

The U.S. manufacturing downturn deepened in January, fueled by a further pullback in orders and factory production.

February 1, 2023
Business, Technology, Equipment

Toyota Hits Record November Output, but Shortages Loom

Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.

December 28, 2022
Government, Business, Technology, Equipment

Factory Output Increases for First Time in Three Months

Production at U.S. factories increased in July for the first time in three months, propelled by a pickup in motor vehicle output that masked more mixed results in other categories.

August 16, 2022
Government, Business

Factory Output Surprises With First Decline in Four Months

U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.

June 17, 2022
Government, Business, Technology, Equipment

US Factory Output Rises as Firms Navigate Supply Constraints

Production at U.S. factories rose modestly in January, suggesting manufacturers gradually are working through pandemic-related shortages of materials and labor that hobbled output in the prior month.

February 16, 2022
Government, Business

Factory Output in US Increases at Solid Pace in Broad Advance

Output at U.S. factories solidly advanced in November, suggesting an easing in capacity constraints is helping manufacturers ramp up production.

December 16, 2021
Government, Business

Factory Output Rises More Than Forecast

Production at U.S. factories rose in October by more than forecast, bouncing back from the effects of Hurricane Ida and suggesting manufacturers are having a better time addressing materials shortages.

November 16, 2021