Bloomberg
What America’s Factories Reveal About the Economy
Sunday, November 8, 2026
Richmond Federal Reserve President Tom Barkin visited Gestamp, an auto-parts manufacturer in Union, South Carolina, to speak with company leadership about current business conditions. Gestamp reported solid demand and ongoing investment, while also citing rising costs, technological changes, and policy uncertainty as challenges. The visit was part of Barkin's effort to gather direct information from manufacturers about economic conditions beyond official data.
Original reporting:
