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American manufacturing is booming. There are hundreds, if not thousands, of articles out there on the Internet and in newspapers telling the world of America’s triumph–of how America is bouncing back thanks to factories creating more jobs. But recently, it hasn’t been America in the spotlight. Instead, it has been China. And it’s not all […]
You know that feeling when you’re going too fast and you realize you need to slow down before you crash and burn? That’s how China’s economy felt a few years ago, and they’ve since tried to change their ways within the last few years. For the past decade, China has spent a sizeable amount of […]
The good news keeps on coming–stronger-than-expected data on U.S. manufacturing and construction spending in August suggests that the American economy is slowly gaining traction. According to TIME Business & Money, the Institute for Supply Management’s “manufacturing index rose to 55.7 in August from 55.4 in July. That topped the index’s 12-month average of 52.” Here’s a more specific […]