News & Insights
Manufacturers Warn Food Labeling Bill Would Raise Costs, Cause Uncertainty
Washington, D.C. – Following the approval of S. 5026 by the Senate Health, Education, Labor and Pensions Committee, National Association of Manufacturers Executive Vice President Erin Streeter issued the following statement: “Manufacturers support efforts to protect public health and give consumers clearer information, but legislation linking specific ingredients and food-processing methods to health risks without …
Lockheed Martin to Develop Lower-Cost Interceptor
As stockpiles of high-end interceptors shrink worldwide, Lockheed Martin will test a new, more cost-effective model of its Patriot missile that could be ready sooner, it said this week (
President Trump Incentivizes Primary Aluminum Production
President Trump made a
Trump Imposes 50% Tariffs on Some Canadian Imports
President Trump issued three proclamations yesterday imposing 50% additional duties on certain Canadian products under Section 338 of the Tariff Act of 1930. The tariffs will go into effect Aug. 19 absent any subsequent agreements. The rationale: The Section 338 statute requires a finding of discrimination. Each proclamation asserts that Canada’s measures unreasonably burden and …
New NAM Flipbook Spotlights 50 Manufacturing Tax Wins in 50 States
Marking the one-year anniversary of the 2025 tax law, the NAM today released “said Timmons. The White House amplified Timmons’ message in a post on press release highlighting the NAM tax flipbook and also promoted it via its here. Find our new tax flipbook
H.R. 1 at Work: 50 Manufacturing Tax Wins in 50 States
Washington, D.C. – Marking the one-year anniversary of the 2025 tax law, the National Association of Manufacturers today released “here. -NAM- The National Association of Manufacturers is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men …
Permits Retreated While Multifamily Homes Drive Housing Starts
Building permits decreased 3.0% in June and 2.3% over the year. Permits for single-family homes in June declined 2.4% and 0.2% over the year. At the same time, permits for buildings with five or more units fell 4.9% from May and 6.3% over the year. In June, housing starts jumped 19.0% from May and were …
Small Business Outlook Improves, with Inflation Now the Top Concern
The NFIB Small Business Optimism Index increased 2.1 points to 97.4 in June, remaining slightly below the 52-year average of 98. June’s advance was due to an improvement in expectations for better business conditions and real sales expectations. Of the 10 components included in the index, seven increased and three decreased. Meanwhile, the Uncertainty Index …
Import Prices Keep Rising, While Export Prices Pull Back
U.S. import prices increased 0.3% in June after rising 1.7% in May, with higher nonfuel prices offsetting lower prices for fuel imports. Over the year, import prices advanced 7.1% in June, the largest 12-month increase since August 2022. Meanwhile, U.S. export prices declined 0.6% in June, driven by lower prices for nonagricultural exports. Over the …
New York Factory Activity Gains Speed, with Shipments at a Four-Year High
Manufacturing activity in New York state expanded at a faster pace in July, with the headline business conditions index rising 9.9 points to 15.6. The new orders index surged 18.7 points to 22.2, while the shipments index jumped 15.8 points to 24.4, a four-year high. Unfilled orders were unchanged at 5.0, while inventories moved up …
