While the overall jobless level has dropped to non-recession levels, the number of the working-age people with jobs is barely over 6 in 10, hovering at a level reminiscent of the late 1970s.
U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists. Still, growth for the full year will likely come in lower than they previously estimated.
U.S. employers hired at a healthy pace in May for a fourth straight month, fueling hopes the economy will accelerate after a grim start to the year.
German factory orders rebounded in April, rising by a stronger-than-expected 3.1 percent compared with the previous month with help from a surge in demand from other countries in the eurozone.
The New Markets Tax Credit (NMTC) Program, established back in 2000 to spur economic development in blighted communities around the U.S., actually doesn’t exist anymore. But if the story of Mölnlycke Health Care and Brunswick, Maine, means anything, it's that the tax credit is about due to be revived.
Like many other retail chains that cater to working-class Americans, Wal-Mart is a victim of an uneven economic recovery that has benefited well-heeled shoppers more than those in the lower-income rungs.
Slightly more Americans sought unemployment benefits last week, but claims for jobless aid continue to hover near seven-year lows.
A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending.
The Commerce Department says the deficit rose to $47.2 billion in April, up 6.9 percent from an upwardly revised March deficit of $44.2 billion.
Payroll processer ADP said Wednesday that private employers added 179,000 jobs last month, down from 215,000 in the previous month.
America has been a very weak competitor in the game of globalization and has not used its power or legal rights to improve American manufacturing.
“The 55.4 percent is almost square with predictions that are out there,” says Bradley J. Holcomb, CPSM, CPSD, chair of the ISM Business Survey Committee. “So we’re doing what’s expected and what’s expected is a good strong manufacturing sector.”
Chrysler, Nissan and Toyota all reported double-digit sales gains over last May. Even General Motors, battling bad publicity from a mishandled recall, surprised with a 13 percent sales increase.
Orders to U.S. factories rose for a third consecutive month in April, pushed higher by a surge in demand for military hardware. But a key category that signals business investment plans fell.
The Seattle City Council is expected to approve an ordinance Monday to phase in a $15 hourly minimum wage — the highest in the nation.
The Institute for Supply Management has twice corrected its May manufacturing index to show that factories grew at a strong pace last month. The original report said that manufacturers had expanded at a weaker pace.
Chinese manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing, a state-sanctioned industry group said Sunday.
South Carolina Governor Nikki Haley was joined by state and local economic development officials last Thursday evening to announce $38.2 million in new capital investment and 304 new jobs in South Carolina.
Nearly 85.7 percent of PMI respondents believe the economic outlook will remain positive, while less than 15 percent believe the economy will become less stable over the next six months.
Check out some of this week's top headlines from across Manufacturing.net, from the 12 regions that were chosen to provide a boost to U.S. manufacturing to Beechcraft's partnership with Wichita State University.
U.S. consumers cut back on spending in April for the first time in a year, taking an unexpected pause after a big jump during the previous month. The results, however, are unlikely to derail an expected spring rebound in the economy.
From wastewater treatment to farming and advanced manufacturing, a wide swath of the state's economy is particularly sensitive to any changes in water quality or abundance.
The U.S. economy was battered even more than first suspected by the harsh winter, actually shrinking from January through March. But economists are confident the contraction was temporary.
The number of Americans seeking unemployment benefits fell last week to nearly the lowest level in seven years, a sign hiring may be picking up.
Twelve regions of the country will receive special attention under a new federal program designed to help make them more attractive to manufacturing companies looking for a place to set up operations, provide a boost to the U.S. manufacturing industry and create jobs.