Trump Tweets, Ford & GM Counter, their Shares Jump, the Peso Plunges, but the Jobs Won’t “Come Back” to the USA by Wolf Richter • Jan 3, 2017 • 65 Comments Whacked by slow demand, Ford cancels plant in Mexico, shifts car production to existing plant in Mexico.
Scandal & Cover-Up Plagued Toshiba Re-Implodes by Wolf Richter • Dec 28, 2016 • 38 Comments After surging 206% since February!
Red Flag on Recession Crops up in NY Fed’s Coincident Economic Index by Wolf Richter • Dec 22, 2016 • 39 Comments Last time the index declined was in November 2009.
No Demand, No Problem: Inflation Pressures Surge by Wolf Richter • Dec 16, 2016 • 45 Comments Businesses expect their input prices to jump by 4.6% in 2017.
This is “Unusual Outside a Recession Period”: New York Fed Grapples with Weak Demand by Wolf Richter • Nov 7, 2016 • 48 Comments The red flag: a “slump” in imports despite the Strong Dollar.
Done in by Overcapacity, Stagnant World Trade, and China, Korean Shipbuilders Collapse on Top of Taxpayers by Wolf Richter • Nov 1, 2016 • 48 Comments Orders plunge 87% from an already terrible 2015.
EVs will Crush Jobs in Auto Manufacturing, VW Warns by Wolf Richter • Oct 28, 2016 • 133 Comments A global shift.
What’s Really Different this Time: Business Investment Drops to Lowest September since 2010 by Wolf Richter • Oct 27, 2016 • 39 Comments Why is this economy not yet in an official recession?
US Freight Volume Drops to Lowest Level since 2009, “Industrial Recession” Hits Full Stride, Overcapacity Crushes Rates by Wolf Richter • Oct 19, 2016 • 36 Comments “We’ve been patiently waiting for the consumer.”
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford