The Economy

Automotive, equipment, food and beverage and metal fabrication manufacturing associations are among the signees of a letter to U.S. trade officials.

"We have seen a noticeable increase in companies starting to feel the impact from job openings, especially for second and third-tier suppliers that are struggling to keep up with orders," explains Paul Wellener of Deloitte.

“All the world’s other powers have their own investment-screening systems. Only Europe doesn’t have such a tool.”

New regulations that require companies to track the nationality of certain workers are adding cost and complexity to supply chains.

Factory output continued to grow at a solid clip, supported by a range of sectors including metals, machinery, aerospace and furniture.

"The reputation of the invincible strong man (or woman) of Europe has received some scratches," commented ING Diba bank economist Carsten Brzeski.

They are also evaluating the need for other upgrades, “including operating procedures and training," according to the FAA.

Germany, the UK and China are sweetening the pot, while the US slides.