Sunday, August 9, 2026

American Manufacturing Growth Hits Four-Year High.

The American manufacturing sector is experiencing its strongest growth in four years, driven by rising output, increased hiring, and robust demand.

PULSE POINTS
❓ WHAT HAPPENED: The manufacturing sector in the U.S. is growing at its fastest pace in four years. 
📺 DETAIL: According to the Institute for Supply Management (ISM), U.S. manufacturing rose to 55.6 in July, the highest since May 2022. According to the ISM’s manufacturing barometer, a reading below 50 means the sector is contracting, while a reading above 50 means the sector is growing. This means that the manufacturing sector had expanded for the seventh month in a row. ISM’s barometer also revealed that payroll growth in manufacturing rose for the first time since September 2023, and that production has reached its highest level since late 2021. Among the 16 industrial categories included in the ISM’s barometer, only one—chemical products—experienced a contraction. The sector’s growth exceeded the predictions of economic experts. It is believed that the expansion of U.S. manufacturing is currently being driven by domestic production incentives, artificial intelligence (AI) technology, and recent changes to the tax code favoring capital investment.
💬 KEY QUOTE: “Now that it seems the buildout of AI infrastructure globally is nearing real activation, products going into data centers are at full procurement.. Thus, demand for our semiconductor end products and connectivity (power, networking and photonics) is booming,” said a machinery manufacturer to ISM.
🎯 IMPACT: The ISM is the oldest and largest supply management association in the world. As such, the organization’s manufacturing barometer is widely used and taken seriously by economists and the manufacturing sector. President Donald J. Trump has utilized tariffs, tax changes, and AI technology to help foster domestic industry. This represents an economic sucess story for the Trump administration, as restoring U.S. manufacturing is one of the President’s most defining and longstanding objectives.

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The American manufacturing sector is experiencing its strongest growth in four years, driven by rising output, increased hiring, and robust demand.

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FTC Targets Companies Using Misleading ‘Made in USA’ Labels.

The Federal Trade Commission has taken unprecedented steps to crack down on products falsely labeled “Made in the USA” in a bid to protect American consumers from being scammed and American manufacturers from being undercut.

PULSE POINTS
❓ WHAT HAPPENED: The Federal Trade Commission (FTC) has intensified its crackdown on companies falsely labeling products as “Made in the USA.”
📺 DETAIL: FTC Chairman Andrew Ferguson said the Trump administration is taking “unprecedentedly aggressive steps” to protect American manufacturers and consumers. “We want our economy to thrive, and not just the consumer part of the economy… We want the manufacturing part of the economy to thrive. And so, if you’re going to try to take advantage of consumer preference for things that are made in America, you have to be honest about it,” said Ferguson. FTC policies require products labeled as “Made in the USA” to be almost entirely produced domestically. Products falsely marketed as being “Made in the USA” can become subject to expensive settlements and civil enforcement actions, potentially costing liable companies hundreds of thousands of dollars. In one case exposed by the FTC, two companies, Americana Liberty LLC and Three Nations LLC, allegedly sold American flags marked “Made in the USA” despite the fact that “significant or essential foreign components” were imported from China, resulting in $167,743 in “consumer redress.”
💬 KEY QUOTE: “President Trump has ordered the federal government to focus on making sure that companies that say that they’re making products in America are actually making products in America, and this is super important because there’s a ton of evidence that the American people are willing to pay a premium to get products that are made in America, for good reason.” – Andrew Ferguson.
🎯 IMPACT: This represents an intensification and continuation of a crackdown by the FTC announced back in April, when the Commission announced a series of enforcement actions against companies falsely advertising their products as “Made in the USA.” In one case, TouchTunes Music Company faced a penalty of $625,000 for falsely claiming that its electronic dartboards were U.S.-made.

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The Federal Trade Commission has taken unprecedented steps to crack down on products falsely labeled "Made in the USA" in a bid to protect American consumers from being scammed and American manufacturers from being undercut.

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Apple Announces Huge Price Hikes, Citing Soaring Chip Costs.

Apple has announced price increases on several products, citing rising memory chip costs and supply chain challenges, with industry experts predicting similar moves by other brands.

PULSE POINTS
❓ WHAT HAPPENED: Apple has raised prices on several products, including the MacBook Pro with one terabyte of storage, which increased from $1,699 to $1,999 in the U.S., and the entry-level Neo laptop in the United Kingdom, which rose from £599 to £699 (~$790 to ~$920). The company attributed the increases to rising costs of key components, particularly memory chips.
📺 DETAIL: Industry analysts said the move highlights how the artificial intelligence (AI) boom is affecting consumer electronics, with even Apple unable to avoid rising component costs. Chipmaker TSMC has also warned that inflation and higher production expenses could lead to further increases across the sector. Analysts expect other PC and tablet manufacturers to follow suit through price rises, reduced discounts, or a greater focus on premium products. Apple believes its loyal customer base will largely absorb the increases, while outgoing chief executive Tim Cook recently described current memory chip pricing as “unsustainable” and said higher prices were unavoidable.
💬 KEY QUOTE: “Even Apple, with its scale and buying power, is no longer immune to the rising cost of key components,” said tech analyst Paolo Pescatore.
🎯 IMPACT: The price increases could set a precedent for other PC and tablet manufacturers. While Apple’s loyal customer base is expected to absorb the hikes without significant backlash, the broader tech industry may face challenges in maintaining affordability.

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Apple has announced price increases on several products, citing rising memory chip costs and supply chain challenges, with industry experts predicting similar moves by other brands.

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China is Now Spain’s Leading Supplier.

China surpassed Germany as Spain’s leading supplier of goods in early 2026, raising concerns over a widening trade deficit and growing economic dependence on Beijing.

PULSE POINTS
❓ WHAT HAPPENED: China has overtaken Germany as Spain‘s top supplier of goods during the first quarter of 2026, accounting for 11.6 percent of Spain’s imports compared to Germany’s 11.4 percent. This marks a significant shift in trade dynamics, as Germany has historically held this position.
📺 DETAIL: Key imports from China include electronics, machinery, and textiles, which have steadily gained market share in Spain, led by the Socialist Party under Prime Minister Pedro Sanchez. German exports, meanwhile, have been impacted by rising energy costs, driven by left-wing policies such as net-zero targets and the shutdown of nuclear power plants, as well as logistical challenges. Economists warn that Spain’s reliance on a single non-European supplier may carry risks amid geopolitical tensions. Trade data shows that overall imports from Asia to Spain continue to outpace those from other regions.
💬 KEY QUOTE: “That’s why it’s dangerous… because it’s not reciprocal. China competes with us in third-party markets, entering them just as it does in Spain.” – Alicia García Herrero, economist at Natixis
🎯 IMPACT: The growing trade imbalance raises concerns about Spain’s economic dependence on China, which some experts warn could lead to “hyper-dependence” and reduced competitiveness. While Spain benefits from balanced trade relationships with Germany, its trade with China primarily consists of substitute imports, offering little reciprocal benefit to Spanish industries. Overreliance on China for a range of key goods, such as personal protection equipment (PPE) and medicines, left many Western nations vulnerable during the COVID-19 pandemic.

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China surpassed Germany as Spain's leading supplier of goods in early 2026, raising concerns over a widening trade deficit and growing economic dependence on Beijing.

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Trump Slaps New Tariffs on European Union.

President Donald J. Trump has raised tariffs on vehicles made in the European Union (EU), saying the bloc has failed to comply with the terms of its trade agreement with the U.S.

PULSE POINTS
❓ WHAT HAPPENED: President Donald J. Trump has announced a 25 percent tariff on cars and trucks manufactured in the European Union (EU). The tariffs are set to take effect next week.
📺 DETAIL: On Friday, President Donald J. Trump announced that cars and trucks made in the EU would be hit with a 25 percent tariff starting next week. The President said the tariff was a response to the EU’s failure to comply with the terms of its trade deal with the U.S. Trump emphasized that vehicles made in U.S.-based facilities would not be subject to the new tariffs. The move is part of a broader economic strategy to encourage car manufacturers to relocate to the U.S. and boost the country’s domestic market.
💬 KEY QUOTE: “I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States. The Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF… There has never been anything like what is happening in America today!” – President Donald J. Trump on Truth Social.
🎯 IMPACT: The tariff comes as relations between the U.S. and the EU are heavily strained. Trade, along with defense spending and Iran, is among several points of contention between the United States and the EU. The tariff on EU-made vehicles comes a day after the President announced the suspension of all tariffs and restrictions on Scotch imports from Britain, a decision characterized by President Trump as a gesture of goodwill towards King Charles III and Queen Camilla, both of whom visited the United States for a four-day state visit this week.

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President Donald J. Trump has raised tariffs on vehicles made in the European Union (EU), saying the bloc has failed to comply with the terms of its trade agreement with the U.S.

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FTC Launches ‘Made in USA’ Enforcement to Shield Consumers, Support Domestic Businesses.

The Federal Trade Commission has taken enforcement action against three companies for falsely advertising their products as “Made in the USA.”

PULSE POINTS
❓ WHAT HAPPENED: The Federal Trade Commission (FTC) announced enforcement actions against three companies—TouchTunes Music Company, Americana Liberty LLC, and Oak Street Manufacturing Company—for falsely advertising their products as “Made in the USA,” alleging that some products were merely assembled in the United States using imported components.
📺 DETAIL: Each company was found to have violated FTC rules by advertising products as “Made in the USA” despite using significant foreign components or manufacturing processes. For example, TouchTunes falsely claimed its electronic dartboards were U.S.-made, even though key parts essential to the product’s function were imported from overseas. Americana Liberty falsely labeled flags and related products as American-made, while Oak Street misrepresented its footwear as entirely U.S.-crafted, even though components and assembly were outsourced to foreign factories. Such schemes have been observed elsewhere, with some Italian luxury brands caught importing goods and simply attaching a single component, such as a bag handle, to claim they are “Made in Italy.”
🎯 IMPACT: These enforcement actions include financial penalties—$625,000 for TouchTunes, $167,743 for Americana Liberty, and $75,000 for Oak Street—and require the companies to cease their misleading advertising practices. The FTC emphasized its commitment to protecting consumers and ensuring fair competition for businesses that genuinely invest in American manufacturing.
💬 KEY QUOTE: “The FTC is committed to ensuring that ‘Made in the USA’ claims are truthful and trustworthy.” – Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection.
📺 FLASHBACK: These actions follow a March Executive Order by President Donald J.Trump aimed at ensuring truthful advertising of “Made in the USA” claims, as well as prior FTC warnings to the companies involved.

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The Federal Trade Commission has taken enforcement action against three companies for falsely advertising their products as "Made in the USA."

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Trump Economy: U.S. Industrial Output Soars in January.

PULSE POINTS

WHAT HAPPENED: Industrial Production in the U.S. surged 0.7 percent in January, exceeding expectations and marking the third consecutive monthly increase.

👤WHO WAS INVOLVED: U.S. manufacturers and industrial sectors, along with President Donald J. Trump and American consumers.

📍WHEN & WHERE: January 2026, across the United States.

🎯IMPACT: Positive trends in industrial production and manufacturing output reflect continued economic resilience.

IN FULL

Industrial Production surged 0.7 percent in January, surpassing the expected 0.4 percent and improving significantly from December’s revised 0.2 percent growth. The production data indicates that the U.S. economy continues to maintain a position of strength despite establishment economists’ claims that a slowdown is imminent.

Notably, this marks the third consecutive month of growth in Industrial Production, bringing annual growth to 2.3 percent, the strongest since September 2022. Manufacturing output also rose 0.6 percent in January, exceeding expectations and representing the best monthly gain since February 2025.

Meanwhile, capacity utilization increased to 76.2 percent, continuing a positive trend that began near the start of President Donald J. Trump‘s second term—though it fell slightly below projections. Additionally, the Institute for Supply Management (ISM) Manufacturing Index saw a sharp rise in January, diverging from the ‘soft’ data trends observed throughout the year.

When combined with pricing and other economic data, the trends suggest the U.S. economy continues to stabilize and strengthen heading into the 2026 midterm elections, despite counterclaims by some economists who have continually argued the administration’s tariff policies will trigger a downturn.

The National Pulse reported earlier on Wednesday that the Trump White House’s Director of the National Economic Council, Kevin Hassett, took aim at a research paper published by the New York Federal Reserve Bank that claims tariff costs are predominantly being passed on to American consumers. “The paper is an embarrassment,” Hassett said, adding, “It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve System.”

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Eli Lilly Invests $3.5 Billion in America for Advanced Obesity Drugs Plant.

PULSE POINTS

WHAT HAPPENED: Eli Lilly announced plans to invest over $3.5 billion to build a manufacturing plant in Pennsylvania’s Lehigh Valley to produce next-generation obesity drugs.

👤WHO WAS INVOLVED: Eli Lilly, CEO Dave Ricks, President Donald J. Trump, and rival pharmaceutical company Novo Nordisk.

📍WHEN & WHERE: The announcement was made on Friday, with construction expected to begin this year in Pennsylvania. The site is projected to be operational by 2031.

💬KEY QUOTE: “Lilly CEO Dave Ricks has told me the drugmaker aims to build six plants in the U.S.” – President Donald Trump

🎯IMPACT: The plant will create 850 permanent jobs and 2,000 construction jobs, while advancing production capacity for obesity treatments.

IN FULL

Pharma giant Eli Lilly said it will invest $3.5 billion to build a new manufacturing facility in Pennsylvania’s Lehigh Valley, expanding its U.S. production footprint as demand for obesity and diabetes drugs continues to surge. The plant will focus on making next-generation obesity treatments, including retatrutide, an experimental drug that has delivered strong weight-loss results in late-stage clinical trials. Construction is expected to begin this year, with the facility scheduled to start operations in 2031. Once fully operational, the site is expected to employ about 850 full-time workers, including engineers, scientists, and technicians, and support roughly 2,000 construction jobs during the building phase.

The Pennsylvania project marks the fourth major U.S. manufacturing facility announced by the pharmaceutical giant in recent years. Lilly has pledged at least $27 billion toward new domestic manufacturing investments, in addition to roughly $23 billion it has spent in the United States since 2020. CEO Dave Ricks has reportedly told President Donald J. Trump that the company plans to build six U.S. plants, although Lilly has not formally confirmed that number.

The investment comes as drugmakers race to expand manufacturing capacity for GLP-1-based therapies, which have reshaped the treatment of obesity and type 2 diabetes. Obesity rates continue to climb worldwide, with projections showing that more than half of adults could be overweight or obese by mid-century, contributing to a sharp rise in diabetes and related chronic diseases.

Beyond healthcare, the widespread use of effective weight-loss drugs has drawn attention for its broader economic impact. Analysts have suggested that large-scale weight reduction could lower costs in industries such as aviation by reducing fuel consumption, while governments have focused on improving access to the medications to curb long-term healthcare spending.

Lilly recently overtook Novo Nordisk in the GLP-1 market, though Novo is seeking to regain ground with plans to launch the first GLP-1 pill for obesity. Both companies have increased U.S. investments following earlier tariff threats from President Trump, which have since eased after voluntary drug pricing agreements aimed at lowering costs for patients.

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Trump Cuts Biden-Era ‘Green Tape’ to Boost U.S. Coke and Steel Industries.

PULSE POINTS

WHAT HAPPENED: President Donald J. Trump signed a Proclamation granting two years of regulatory relief from a stringent Biden-era regulation on coke oven facilities.

👤WHO WAS INVOLVED: President Donald J. Trump and the Environmental Protection Agency (EPA).

📍WHEN & WHERE: Announced on November 21 in the United States.

💬KEY QUOTE: “This exemption ensures that critical coke production assets can continue to operate uninterrupted to support national security without incurring substantial costs to comply with unattainable compliance requirements.” – The White House.

🎯IMPACT: Protects America’s steelmaking capacity, reduces reliance on foreign metals, and supports national security and industrial strength.

IN FULL

President Donald J. Trump on Friday issued a Proclamation granting a two-year suspension of Biden-era Environmental Protection Agency (EPA) rules for select coke-oven facilities, allowing them to operate under earlier, less restrictive standards. The administration says the move is necessary to protect plants that play a central role in domestic steel production and, by extension, national security.

Metallurgical coke is used in roughly 70 percent of all U.S. steelmaking, and industry officials had warned that stricter emissions limits imposed under the previous administration would force costly upgrades using technologies they say are not yet commercially viable. The White House described the Biden-era rules as “costly and unattainable compliance requirements… the necessary technologies do not yet exist in commercially viable or cost-effective forms.” Trump officials argue that without temporary relief, facilities risk shutdowns, job losses, and disruptions to the steel supply chain.

“This exemption ensures that critical coke production assets can continue to operate uninterrupted to support national security without incurring substantial costs to comply with unattainable compliance requirements,” the White House stated.

The Proclamation is intended to prevent long-term weakening of the nation’s steel capacity and to avoid increasing dependence on foreign suppliers. The decision fits into Trump’s larger effort to reverse environmental policies he says burden U.S. industry.

Earlier this year, he signed executive orders aimed at reviving the coal sector by streamlining permitting, lifting restrictions on federal coal leasing, and designating coal as a critical mineral. Trump has framed these moves as essential to restoring American energy independence and meeting rising electricity demand driven by data centers and advanced manufacturing. He has said he wants to “bring back an industry that was abandoned,” arguing that coal remains vital to a reliable energy grid.

Energy Secretary Chris Wright has emphasized that the administration’s “energy dominance” strategy seeks not only to expand domestic production but also to strengthen U.S. geopolitical leverage. During recent meetings with European officials, Wright said the United States has the resources to be a “key energy supplier to our allies around the world,” pointing to expanding U.S. energy exports and long-term purchasing agreements with European partners. He argues that the strategy reduces Europe’s reliance on adversarial suppliers and reinforces transatlantic energy security.

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Trump Tariffs Push GE Appliances to Shift Production from China to Kentucky.

PULSE POINTS

WHAT HAPPENED: GE Appliances announced over $150 million in new U.S.-based supplier contracts as part of its plan to shift production from China to Kentucky.

👤WHO WAS INVOLVED: GE Appliances, U.S.-based suppliers, GE Appliances Vice President Lee Lagomarcino, and U.S. President Donald J. Trump.

📍WHEN & WHERE: Announced Thursday, production to begin in early 2027 at Appliance Park in Louisville, Kentucky.

💬KEY QUOTE: “When we invest in U.S. manufacturing and our people, it drives growth far beyond our own walls,” said Lee Lagomarcino, a GE Appliances vice president.

🎯IMPACT: The contracts will increase GE Appliances’ domestic supplier spending by 3.3 percent, create 800 jobs, and expand the company’s U.S. manufacturing footprint.

IN FULL

GE Appliances has announced over $150 million in new contracts with U.S.-based suppliers as part of its effort to shift production from China to its Louisville, Kentucky facility. The contracts, which range in value from $330,000 to $41 million, cover key supply chain segments such as plastics, steel, aluminum, and castings. The suppliers include companies of various sizes, from U.S. Steel to smaller, family-owned businesses.

The new contracts will support the production home appliances including a combo washer/dryer and a lineup of front-load washers, which GE Appliances plans to manufacture domestically by 2027. The company is investing $490 million to retool its Louisville plant, a move expected to create 800 new jobs. The expansion will increase the facility’s total production footprint to the equivalent of 33 football fields.

“When we invest in U.S. manufacturing and our people, it drives growth far beyond our own walls,” said Lee Lagomarcino, a GE Appliances vice president. He added: “These new supplier contracts represent what ‘Built for America’ is all about—investing in U.S. manufacturing, creating more American jobs and building opportunity that multiplies.”

The contracts are part of GE Appliances’ broader $3 billion commitment over five years to bolster U.S. manufacturing, reshore production, and create over 1,000 jobs. The company has already increased its domestic supplier spending by 69 percent since 2019 and now works with more than 6,500 U.S. suppliers. The new contracts will increase its domestic spending by an additional 3.3 percent.

President Donald J. Trump’s tariff policies have played significant roles in recent decisions by major corporations to reshore and relocate key production to the United States. Still, Lagomarcino contends there are advantages beyond the tariff savings, such as shorter lead times, reduced transportation costs, and improved collaboration with suppliers.

GE Appliances also has plans to shift production of refrigerators, gas ranges, and water heaters from China and Mexico to its U.S. facilities.

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