Washington. The Coalition for a Prosperous America (CPA) today reacted to news that the U.S. Postal Service (USPS) has awarded a 10-year contract to Oshkosh Defense for new mail delivery trucks, including both combustion-engine and battery-electric vehicles (EVs). While USPS says that “final vehicle assembly” will take place in the United States, CPA strongly urges…
By Steven L. Byers, PhD, and Jeff Ferry Key Points The CPA Reshoring Index (CRI) came in at 69.0 in Q3 2020, a decline of 165 basis points (1.6 percentage points) as compared to the Q2 level of 70.6, indicating that US manufacturers lost share to imports in Q3. US manufacturing production rose sharply in…
Important step toward rebuilding domestic manufacturing capacity Washington. The Coalition for a Prosperous America (CPA) today praised a new executive order by President Biden intended to “strengthen the resilience of America’s supply chains.” Specifically, the order will require an immediate study of domestic U.S. manufacturing capacity in key industries. The order further requires federal departments…
America’s automotive industry has been rocked in recent weeks by a global shortage of computer chips. The problem has become so serious that GM has halted operations at three plants and Ford has curbed production of its big moneymaker, the F-150. Each company could lose several billion dollars in revenue this year. The automakers are scrambling to locate…
By Kenneth Rapoza, CPA Industry Analyst Katherine Tai inches closer to being confirmed as new US Trade Representative. While she spoke cautiously about the direction tariffs will take on China and some products like solar, she understands their purpose. Here’s an overview of her hearing on Thursday. After Thursday’s Senate Finance Committee hearing with Katherine…
