The top five suppliers of semiconductor chips to the United States in 2022 were Malaysia, Taiwan, Vietnam, South Korea, and China. From around the world, U.S. imports of these products totaled $61.671 billion, up 12.9% year-over-year. Originating in Malaysia, these purchases totaled $16.921 billion, with that nation ranking
PACCAR recorded investments of $491.2 million in property, plant and manufacturing equipment during 2022, compared with $495.6 million in 2021. Over the past decade, its combined investments in capital projects and R&D worldwide totaled $7.25 billion and have significantly increased the operating capacity and efficiency of its facilities
The U.S. government has established a system to monitor its steel imports from Mexico and Canada. According to a U.S. congressional analysis, U.S. domestic steel production was estimated at 82 million metric tons in 2022; 10% of production was exported, with more than 90% being shipped to Canada
Jones Lang LaSalle (JLL), a global real estate firm, refers that for its long-term growth strategy it has identified some macro trends that it considers important guiding influences in the continued expansion and evolution of this industry. In October 2022, the World Bank’s latest Urban Development Update predicted
The world’s top 5 lead exporters in 2022 were South Korea, Australia, India, the United Kingdom and Canada. What is it used for? It is widely used in construction, plumbing, batteries, bullets and shot, weights, solder, pewter, fusible alloys, white paints, leaded gasoline and radiation protection. At the
The consultancy Maritime Analytics forecasts that global seaborne ton-mile demand will increase 3.3% in 2023 and 3.0% in 2024. It also projects that fleet utilization will increase each year and remain at levels that have historically supported healthy dry bulk freight rates. This compares favorably with a 0.9%