Immigration
Immigrants helped build America’s manufacturing industry, and immigration reform is essential to our competitiveness worldwide. We need a system that provides certainty for our businesses and dedicated employees, ensures national security, offers compassion and is consistent with our values and our history as a nation of immigrants.
Cost of Imports Increased in February
March 17, 2022MarketWatch. February cost increases: The cost of imported goods, including oil, grains and autos, increased 1.4% in February. Import prices rose 1.9% in January. The consecutive month increase is the largest in 11 years. Oil: The rise in import prices can largely be attributed to a significant jump in oil prices. The cost of oil…
Manufacturers United in Support of Ukrainian People
March 8, 2022NAM Board Denounces Russian Aggression; Supports Sanctions, Calls for WTO Removal
Washington, D.C. – In the wake of the Russian invasion of Ukraine, the National Association of Manufacturers Board of Directors unanimously voted to denounce Russia’s invasion of Ukraine and to stand with the people of Ukraine in their fight to preserve freedom and independence. The resolution expressed support for the economic and financial sanctions implemented…
Jobless Claims Fall
March 4, 2022AP News. By the numbers: Jobless claims fell to 215,000 for the week ending Feb. 26, down from 233,000 the previous week. The four-week average for claims fell by 6,000 to 230,500. Approximately 1,476,000 Americans were collecting jobless aid in the week ending Feb. 12. Recent economic trends: “The U.S. economy has rebounded strongly from…
U.S., Allies Take Economic Action to Counter Russia’s Invasion of Ukraine
March 2, 2022prohibited “U.S. persons” from engaging in transactions with the Russian Federation, the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation. On Feb. 26, President Joe Biden and the leaders of the European Commission, France, Germany, Italy, the United Kingdom and Canada issued a announced the imposition of…
EU Will Lift COVID-19 Travel Restrictions
February 23, 2022AP. What’s happening: “Individuals who received the last dose of their primary vaccination series at least 14 days and no more than 270 days before arrival, or who have received a booster dose, would be eligible along with those who recovered from COVID-19 within 180 days of travel.” The new rules will also apply to…
Essential Bridge for U.S.–Canada Trade Reopens
February 15, 2022The Wall Street Journal (subscription). A busy bridge: The Ambassador Bridge, which had been shut down by protesters for about a week, accommodates about 30% of annual two-way trade between the U.S. and Canada. U.S. data estimates the value of the annual trade across the bridge at $600 billion, $28 billion of which is in…
