WASHINGTON — Sen. Gary Peters (D-MI) has introduced legislation that would establish an independent federal institute—the National Institute of Manufacturing (NIM)—to serve as a hub for federal manufacturing programs.

TEMPE, AZ—The Institute for Supply Management said its manufacturing index rose to 55.3 percent last month from 54.2 percent in February. The latest reading exceeded the MarketWatch forecast of 54.6 percent.

TEMPE, AZ—U.S. manufacturing unexpectedly jumped to the highest since May 2004 as orders, production and employment all picked up, according to the Institute for Supply Management's August report.

WASHINGTON—U.S. factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related disruption at an auto parts supplier, Federal Reserve data showed Tuesday.

In January, President Donald Trump traveled to Davos, Switzerland, to speak at the annual World Economic Forum (WEF). His message: "America is open for business."

WASHINGTON--The U.S. manufacturing sector has weathered a bumpy road over the course of the past two decades, but successfully righting the country's industrial ship would mean an economic windfall of $530 billion, according to a new report from The McKinsey Global Institute.

WASHINGTON--President Donald Trump wants U.S. manufacturers to invest in domestic factories and reshore production.

WASHINGTON, DC—Tomorrow marks the 20-year anniversary of NAFTA’s implementation, and there is strong evidence of the pact’s positive impact on U.S. manufacturing. Since 1993, value-added manufacturing here has expanded from $1.06 trillion to $1.87 trillion in 2012.

WASHINGTON—More jobs will be coming back to the United States from offshore locations during the next eight years, according to a new report by CoreNet Global, an association of corporate real estate executives.