The producer price index, which measures prices before they reach the consumer, declined 0.1 percent last month, the Labor Department said Friday. This comes after similar decreases in October and September.
U.S. consumers ramped up spending in November on cars, appliances and furniture and made more...
The number of people seeking U.S. unemployment benefits rose 68,000 last week to a seasonally...
Investment in equipment and software is expected to grow 3.1 percent in 2014 as...
October U.S. cutting tool consumption totaled $176 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.1 percent from September’s total but down 5.8 percent from October 2012.
The U.S. government ran a much smaller deficit through the first two months of the budget year than last year, signaling further improvement in the nation's finances. The Treasury Department says the gap between revenue and spending for November was $135.2 billion. That's 21.4 percent lower than November 2012.
Manufacturing production is expected to fare better than the overall economy, with anticipated growth of 3.1 percent in 2014 and 4.1 percent in 2015. The 2014 forecast is a slight decrease from the 3.2 percent predicted in the September forecast; the 2015 projection is unchanged.
About 75 percent of young women believe the U.S. needs to do more to bring about equality in the workplace, a new study finds, despite a narrowing pay gap and steady employment gains for women at higher levels of business and government.
The deal to ease those cuts for two years is aimed less at chipping away at the nation's $17 trillion national debt than it is at trying to help a dysfunctional Capitol stop lurching from crisis to crisis. It would set the stage for action in January on a $1 trillion-plus spending bill for the budget year that began in October.
Missouri Gov. Jay Nixon plans to sign legislation that would offer up to $1.7 billion in tax breaks to Boeing Co. over more than two decades to entice the aerospace company to bring the production of its 777X jetliner to the state.
U.S. wholesale businesses boosted their stockpiles in October by the most in two years as their sales rose sharply, encouraging signs for economic growth in the final three months of the year.Wholesale stockpiles grew 1.4 percent in October, the Commerce Department reported Tuesday.
U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign for the unemployed.The Labor Department said Tuesday that job openings rose 1 percent to a seasonally adjusted 3.93 million.
Import volume at the nation’s major retail container ports is expected to grow 1.8 percent in December over the same month last year, and the year should end with an increase of 2.3 percent over 2012, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
October U.S. manufacturing technology orders totaled $435.02 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 10.2% from September but down 3.2% when compared with the total of $449.44 million reported for October 2012.
In the second part of Automotive Insights, sponsored by Omni-ID, we’re talking how re-shoring and the Southeast’s rise is changing American automaking. Over the last few years, the automotive industry has seen more foreign manufacturers, like Toyota, Honda, and Volkswagen, establishing manufacturing operations here in the U.S. What has been game-changing for many is their decision of where in the U.S. to manufacture.
U.S. consumers increased their spending in October even though their wages and salaries barely increased, raising questions about how strong the economy will grow at the end of the year.The Commerce Department says consumer spending increased 0.3 percent in October compared with September when spending rose 0.2 percent.
A fourth straight month of solid hiring cut the U.S. unemployment rate to a five-year low of 7 percent in November, an encouraging sign for the economy. The Labor Department says employers added 203,000 jobs, nearly matching October's revised gain of 200,000. The job gains helped lower the unemployment rate from 7.3 percent in October.
With Boeing the king of U.S. aircraft manufacturing, more than a dozen states are groveling before the throne for a share of the riches to be made from the next-generation 777 jetliner.From coast to coast, states are rushing to impress Boeing with lavish incentive packages that offer property, labor deals and billions of dollars in tax breaks.
Mississippi should seize an opportunity to compete for energy-thirsty economic development, economist David Dismukes suggested Thursday at the Governor's Energy Summit.A Louisiana State University professor, Dismukes was hired by the Mississippi Energy Institute to look at opportunities that might arise from the U.S. boom in natural gas production.
U.S. factories received fewer orders in October, as aircraft demand fell and businesses cut back on computers. The decline suggests companies were hesitant to invest during the 16-day partial government shutdown.Factory orders dropped 0.9 percent in October, the Commerce Department said Thursday.
The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012. But nearly half the growth came from a buildup in business stockpiles, a trend that could reverse in the current quarter and hold back growth.The Commerce Department's second estimate of third-quarter growth released Thursday was sharply higher than the initial 2.8 percent rate reported last month.
The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers. The Labor Department said the less volatile four-week moving average declined 10,750 to 322,250.
A report issued by the Pharmaceutical Research and Manufacturers of America says more than 3,400 clinical trials of new medicines have been conducted in Alabama since 1999. Universities, hospitals and research institutions in Birmingham, Muscle Shoals, Huntsville, Mobile and Dothan worked on many of those trials.
A Federal Reserve survey shows the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.The Fed says seven of its 12 banking districts described growth as moderate.
President Barack Obama turned his focus Wednesday to the pocketbook issues that Americans consistently rank as a top concern, arguing that the dream of upward economic mobility is breaking down and the growing income gap is a "defining challenge of our time."
A survey of chief executives at the largest U.S. companies shows a growing number are optimistic about the economy's prospects for the next six months and expect to boost hiring. The Business Roundtable says its index measuring CEO outlook rose to 84.5 in the October-December quarter. That's up from 79.1 in the July-September quarter.
Economic activity in the manufacturing sector expanded in November for the sixth consecutive month, and the overall economy grew for the 54th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
The U.S. trade deficit fell in October, helped by America's energy boom that lifted overall exports to an all-time high. The trade gap narrowed to $40.6 billion in October, the Commerce Department said Wednesday. That's 5.4 percent lower than the September gap of $43 billion, which was higher than initially estimated.
A private survey shows U.S. businesses last month added the most jobs in a year, powered by big gains in manufacturing and construction.Payroll processor ADP said Wednesday that companies and small businesses added 215,000 jobs in November.
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