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Germany's factory activity slump signals possible winter recession, highlighting manufacturing challenges and economic concerns.
This paper links the sharp drop in US manufacturing employment after 2000 to a change in US trade policy that eliminated potential tariff increases on Chinese imports. Industries more exposed to the change experience greater employment loss, increased imports from China, and higher entry by US importers and foreign-owned Chinese exporters. At the plant level, shifts toward less labor-intensive production and exposure to the policy via input-output linkages also contribute to the decline in employment. Results are robust to other potential explanations of employment loss, and there is no similar reaction in the European Union, where policy did not change.
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Richmond Fed Manufacturing Index in the United States decreased to -20 points in July from -8 points in June of 2025. This dataset provides - United States Richmond Fed Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The German economy exhibits rising service and declining manufacturing employment, but this decline is much sharper in import-competing than export-oriented branches. We first document the individual-level job transitions behind those trends. They are not driven by manufacturing workers who smoothly switch to services. The observed shifts are entirely due to young entrants and returnees from non-employment. We then investigate if rising trade with China and Eastern Europe causally affected those labor flows. Exploiting variation across industries and regions, we find that globalization did not speed up the manufacturing decline in Germany. It even retained those jobs in the economy.
This statistic shows the number of private sector manufacturing employees in the United States from 1985 to 2024. In 2024, roughly ***** million people were employed in the private sector manufacturing industry.
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The Slump Test Apparatus market plays a pivotal role in ensuring the quality and consistency of concrete used in construction projects worldwide. This essential equipment is utilized primarily to assess the workability of fresh concrete mixes, providing invaluable insights that directly influence the ease of placeme
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Explore the surprising 1% decline in German industrial production in October, signaling ongoing struggles and potential recession in Europe's largest economy.
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The global slump test device market, valued at $5,278 million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 7.0% from 2025 to 2033. This expansion is driven by the increasing demand for quality control in the construction and industrial sectors. Stringent building codes and regulations globally mandate rigorous testing of concrete, leading to heightened demand for reliable and accurate slump test devices. Furthermore, ongoing infrastructure development projects, particularly in emerging economies, are fueling market growth. Technological advancements, such as the introduction of automated and digital slump testers, enhance efficiency and accuracy, further stimulating market adoption. The market is segmented by device type (slump cone, K slump tester, and others) and application (industrial, construction, and others). The construction industry currently holds the largest market share due to its extensive reliance on concrete as a primary building material. However, growth within the industrial sector is anticipated to be significant due to increasing applications in manufacturing and precast concrete production. Competition within the market is relatively fragmented, with key players such as Humboldt Mfg. Co, Gilson, UTEST, and others actively vying for market share through product innovation and strategic partnerships. Geographical analysis reveals strong growth potential in Asia-Pacific and North America, driven by burgeoning infrastructure projects and robust industrial activity in these regions. The significant CAGR signifies a considerable expansion of the market within the forecast period. The continuous growth in construction and infrastructure projects worldwide, coupled with rising awareness regarding concrete quality control, ensures sustained demand. Further influencing the market is the increasing adoption of advanced slump test devices incorporating automated data logging and analysis capabilities, enhancing productivity and reducing human error. While the presence of established players fosters competition, the entry of new players with innovative technologies presents an evolving market landscape. Therefore, the slump test device market demonstrates strong long-term growth prospects, making it an attractive sector for both existing and potential investors.
Union membership in the manufacturing industry has seen a rapid decline since the turn of the century. In 2000, rates of union membership were relatively high in the manufacturing industry compared to the all-industry average, with 14.9 percent of workers being part of a union. However, while still higher than average, the rate reached a record low in 2021 at 7.7 percent. This did increase slightly in the following years, while the all-industry average declined again.
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Dallas Fed Manufacturing Index in the United States increased to 0.90 points in July from -12.70 points in June of 2025. This dataset provides the latest reported value for - United States Dallas Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Graph and download economic data for Employment for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States (IPUEN3311W200000000) from 1987 to 2024 about ferroalloy, iron, mills, steel, NAICS, IP, production, manufacturing, employment, and USA.
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Industrial Production in Germany increased 1 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Germany Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Plastics & Rubber Machinery Manufacturing industry in Pennsylvania is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has decreased an annualized -x% to xxx workers, while industry wages have decreased an annualized x% to $x.x million.
Industrial output across the OECD fell by significant amount between the 1960s and 1970s, when annual averages are compared. Overall, the OECD saw industrial output grow by almost six percent in each year between 1960 and 1970, whereas this growth fell to just 3.5 percent per year between 1971 and 1978. The largest individual decline of the major economies was observed in Japan, who saw a difference of nine percent between the two periods. The largest proportional decline of the given countries, however, was observed in Switzerland, where annual industrial output between 1971 and 1978 was less than one tenth of the rate in the previous period. The primary reason for this decline was due to the 1973-1975 recession that resulted from the oil embargo of 1973, which highlighted the developed world's increasing dependency on foreign oil imports. This recession also marked the end of the post-war economic boom, but saw the transition of economies such as Japan, West Germany, and wider European Economic Community in general (i.e. the predecessor to the EU) into global economic powers.
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Graph and download economic data for Producer Price Index by Industry: Concrete Block and Brick Manufacturing: Decorative Concrete Block (Including Screen, Split, Slump, Shadowal Block, etc.) (PCU32733132733104) from Jun 1981 to Jun 2025 about bricks, cement, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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Murata Manufacturing income after taxes for the twelve months ending December 31, 2024 was $0.787B, a 49.78% decline year-over-year. Murata Manufacturing annual income after taxes for 2024 was $1.244B, a 33.64% decline from 2023. Murata Manufacturing annual income after taxes for 2023 was $1.875B, a 27.12% decline from 2022. Murata Manufacturing annual income after taxes for 2022 was $2.573B, a 20.48% increase from 2021.
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Moderna records a larger-than-expected quarterly loss as demand for COVID-19 vaccines decreases, prompting a reduction in manufacturing and impacting financial performance.
EU motor vehicle production output nosedived amid the outbreak of the coronavirus crisis. In April 2020, the motor vehicle manufacturing industry across the 27 European member states had a volume index of only 19.4 compared with the 2021 baseline of 100. While production volume started to rebound in May 2020, the global automotive semiconductor shortage had led to a slow slump of the volume index through March 2022, and production had been fluctuating again in 2023 and 2024, with Germany's particularly declining. Production slows down amid pandemic lockdown France, Spain, and Germany are among the leading producers of motor vehicles worldwide. The production index decreased in all of these countries and has not fully recovered from the outbreak of the coronavirus pandemic in Europe in the spring of 2020. The German motor vehicle production index, for instance, has been on the decline since September 2023, due to changes in the automotive industry in the country. The potential of tariffs from the United States in 2025 further suggests 2025 could be a complex year for the European Union's vehicle outout. The European motor vehicle manufacturing industry had around 2.4 million direct employees on the payroll, many of whom were faced with job insecurity from the onset of the pandemic. The COVID-19 pandemic forced factories to stop production in April 2020. Manufacturing facilities in most vehicle-producing regions have been affected after Europe became the outbreak's epicenter in mid-March. By July, many factories reopened, albeit at reduced capacities. European manufacturing firms rely on state aid to pay furloughed workers and prevent long-term plant closures. Supply chain uncertainties affect restart Production levels began to climb back towards the end of 2020. However, chip shortages and other supply chain uncertainties became the leading cause of concern between December 2020 and February 2022. As a result, Germany's motor vehicle production index dipped to 56.2 in March 2022, with other regional markets following the same pattern. France and Germany, consistently below the European average volume index from December 2023 to February 2025, were the markets with the highest turnover from motor vehicle and trailer manufacturing in the European Union in 2023.
The Great Depression of the early twentieth century is widely considered the most devastating economic downturn that the developed world has ever seen. Industrial output was severely affected across Europe, and in Germany alone, it fell to just 58 percent of its pre-Depression level by 1932. Other Central European countries, such as Austria and Czechoslovakia, also saw their output fall to just sixty percent of their pre-Depression levels, while output in Western and Northern Europe declined by much less. By 1937/8, almost a decade after the Wall Street Crash, most of these countries saw their industrial output increase above its pre-Depression level. Germany saw its output increase to 132 percent of its 1928 output, as it emerged as Europe's strongest economy shortly before the beginning of the Second World War.
According to a median projection in July 2025, China's GDP was expected to grow by *** percent in 2025. In the first quarter of 2020, the second-largest economy recorded the first contraction in decades due to the epidemic. A root-to-branch shutdown of factories To curb the spread of the virus, the Chinese government imposed a lockdown in Wuhan, the epicenter, and other cities in Hubei province on January 23, 2020. A strict nationwide lockdown soon followed. Many factories remained closed in February, resulting in a plunge in manufacturing Purchasing Managers' Index (PMI). The shutdown of the “world’s factory” had severely disrupted global supply chains, especially automobile production. In March 2020, very few industrial sectors reported positive production growth. The pharmaceuticals sector recorded a production increase, which was mainly driven by the global demand for vital medical supplies. China had exported over seven billion yuan worth of face masks. Ripple effects on global tourism Apart from the manufacturing industry, the prolonged closures of business had caused significant losses in various sectors in China. The travel and tourism sector was massively affected by a drastic decline in flight ticket sales and hotel occupancy rates. The domestic tourism market expects a loss of 20 percent in revenues for 2020. Industry experts predicted that the global travel and tourism industry could lose about *** trillion U.S. dollars in that year.
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Germany's factory activity slump signals possible winter recession, highlighting manufacturing challenges and economic concerns.