Recession Unofficially Ends

Government figures expected to show economy is in early stages of a recovery while unemployment numbers continue to rise, possibly above 10 percent.

Nov 2nd, 2009
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In this Nov. 27, 2018 file photo, a banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors' Lordstown plant in Lordstown, OH.
AP: Trump's Rust Belt Revival is Fading. Will it Matter in 2020?
A year away from Election Day, President Trump's promised coal and steel renaissance is not materializing.
Oct 31st, 2019
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Agency: No Alert System at Texas Facility Damaged by Fire
Oct 30th, 2019
In this June 19, 2019 file photo, the Washington news conference of Federal Reserve Chair Jerome Powell appears on television screen on the trading floor of the New York Stock Exchange shows the rate decision of the Federal Reserve.
Fed Cuts Rates a 3rd Time this Year but Signals Likely Pause
The Fed's move reduces the short-term rate it controls — which influences many consumer and business loans — to a range between 1.5% and 1.75%.
Oct 30th, 2019
Debris can be seen as emergency personnel and others search and clear the scene of an explosion and fire at AB Specialty Silicones chemical plant May 4, 2019, in Waukegan, IL.
OSHA Proposes $1.59M Fine after Deadly Silicone Plant Blast in Illinois
The agency announced Friday it found 12 willful federal safety violations at AB Specialty Silicones in Waukegan, IL following the May 3 explosion.
Oct 25th, 2019
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PwC: Scale Transactions will Remain the Focus for Industrial Manufacturing Sector
2019 M&A activity in industrial manufacturing has been driven by scale transactions, and it's expected to continue into next quarter and 2020.
Oct 25th, 2019
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Stanley B&D to Reduce Headcount, Plants Amid Slowing Demand
SBD outlined a cost-reduction plan that includes adjusting total headcount and production footprint in response to weakened industrial demand and the impact of tariffs.
Oct 24th, 2019
In this Monday, Sept. 23, 2019 photo Maria Alvarez, front, and her husband Guillermo Alvarez, behind, both of Boston, examine clothes washers and dryers at a Home Depot store location, in Boston.
US Durable Goods Orders Fall 1.1% in September
The declines underscored the troubles manufacturing is having in the face of a global slowdown and trade war uncertainty.
Oct 24th, 2019
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NJ Fencing Company Fined $370K for Repeat OSHA Violations
The violations cover lockout/tagout procedures, machine guards, proper warehouse lighting, an obstructed loading dock and blocked electrical disconnects.
Oct 23rd, 2019
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US Labor Market Shows Signs of Slowing in Q3
While job switchers benefit amid tight labor market, wage growth for switchers began to stabilize.
Oct 23rd, 2019
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In Owners' Divorces, Businesses can Become Part of the Fight
Even when ownership isn't at stake, the rancor and uncertainty around a divorce can take a toll on a company.
Oct 23rd, 2019
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Survey: 61% of US Employees Have Experienced Or Witnessed Discrimination at Work
The study also shows that hiring for jobs to improve corporate diversity and inclusion efforts is up 30 percent year-over-year.
Oct 23rd, 2019
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Continental to Restructure Business, Spin Off Powertrain Unit
The car parts maker alludes the move is part of its pivot to supporting ongoing business around vehicle electrification.
Oct 23rd, 2019
In this Sept. 18, 2019 photo, a new heavy duty Caterpillar grader awaits modification at Puckett Machinery Company in Flowood, MS.
Slowing Global Economy Hits Caterpillar in Q3
The equipment and machinery maker's revenue and sales declined by about 6 percent as dealers slashed inventories by about 400 percent.
Oct 23rd, 2019
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Industrial Media Acquires Iconic Brands
Industrial Media has acquired Industrial Distribution, Manufacturing.net, IMPO, Food Manufacturing and Manufacturing Business Technology.
Oct 21st, 2019