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cover of episode An American manufacturing road trip

An American manufacturing road trip

2025/6/30
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Casey Roberts
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Courtney Cowley
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David Deming
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Diane Charlton
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Emily Kerr
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Fred Lampropoulos
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Ian Chandler
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James O'Brien
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Jason Kosickhaus
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Joanne Hislop
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Lisa Sturtevant
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Logan Modishami
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Mack McComas
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Pam Wilson
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President Trump
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Rich Dietz
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Richard Stupp
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Yael Grimaldi
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Courtney Cowley: 我观察到堪萨斯城联储辖区内的制造业活动和就业都在下降，同时生产投入和产出价格持续上涨。这表明该地区的制造业正面临需求疲软和成本压力双重挑战。 Emily Kerr: 尽管需求有所下降，但达拉斯联储的调查显示企业招聘人数实际上有所增加。这可能反映出企业对未来并非完全悲观，仍在积极储备劳动力，以应对未来的需求反弹。 Jason Kosickhaus: 里士满联储的调查显示，自2022年中以来制造业持续疲软。现在的主要问题是企业难以确定产品定价，因为生产和运输的时间以及交付周期都存在不确定性。投入成本和可变成本的快速波动加剧了这一问题，使得企业难以制定合理的经营策略。 Rich Dietz: 关税、移民担忧和其他政策不确定性加剧了纽约联储辖区内本已疲软的制造业的担忧。六月份的调查显示，制造业活动下降，而投入成本上升，但就业略有上升，这很不寻常。这可能表明企业在应对外部挑战时，采取了不同的策略，例如通过增加就业来提高生产效率或应对潜在的劳动力短缺。

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Several regional Fed offices reported soft or stagnant manufacturing activity this spring. Tariffs, immigration policy and other uncertainties are driving pullbacks across the sector. In this episode, we take a cross-country trip to learn more. Plus: Farms struggle to staff up for harvest season as ICE raid fears persist, young college grads struggle to find work and Zillow changes its listing policy for homes that were already listed privately.

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