Don’t get carried away, but do accept the good news.
Tag: Supply Chain
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Japan, Once the World Leader in Microchips, Now Races to Catch Up
As it reckons with supply chain vulnerabilities, the country is spending billions to revitalize domestic production and seeking to form a coalition with “like-minded” nations.
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Congress Is Giving Billions to the Chip Industry. Strings Are Attached.
Industrial policy is back in Washington, as a vast semiconductor and science bill gives the government new sway over a strategic industry.
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Consumer spending continues to shift from goods to services.
Americans spent only a little more in the second quarter overall, as a decrease in purchases of stuff was offset by experiences.
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How Will Interest Rate Increases Impact Inflation?
The Federal Reserve is raising interest rates to fight inflation. Some economists want more; some politicians want less. What’s the logic?