U.S. shipments of recreational vehicles are expected to drop more sharply this year than previously projected as a slowing economy and a tariff-fueled surge in material costs bite into sales, according to an analysis done for the industry’s main trade group.
North American companies increased spending on industrial robots in the second quarter, even as many businesses remained tight-fisted about other types of investments amid a prolonged trade war with China.
* NewAir, Danby to change most of their product lines this
SHANGHAI/NEW YORK When U.S President Donald Trump tweeted in May his intention to raise tariffs on Chinese goods, management at California-based NewAir Appliances knew they needed to do something or their business would be in trouble. | Video
ELKHART, Ind. Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news from most of her about 350 suppliers.
NEW YORK America's trade war with China is once again poised to switch off the nation's last television factory.
CLAYTON, N.C. Caterpillar Inc on Thursday provided investors with details on its push to grow its services business while also laying out dividend increases and more consistent share repurchases in the coming years.