Significant revisions to income and gross domestic product from 2020 through last year help explain why the market underestimated the continuing robust economic rebound. … READ MORE >
Industrials
Manufacturing sector jobs dipped in August
The manufacturing sector lost 24,000 jobs in August, following an upward-adjusted addition of 6,000 in July, according to the Bureau of Labor Statistics. … READ MORE >
Manufacturing sector declines at a slightly slower rate in August
A result of the slowdown was another month of employment declines, though at a slower pace at 46 compared to 43.4 in the prior month. … READ MORE >
Demand for business spending on equipment falls in July
Core capital goods orders, which exclude aircraft and defense spending, posted a 0.1% decline in July. … READ MORE >
Manufacturing sector weakens in June
As the Federal Reserve continues to hold rates at an elevated level, demand for manufacturing goods has been dampened for most of the year. … READ MORE >
RSM US Manufacturing Outlook Index: Malaise continues in June
The best that can be said about manufacturing activity in five regional Federal Reserve banks is that it has moved more-or-less sideways over the past three months. … READ MORE >
Slower growth raises prospect of a Fed rate cut
Economic growth appeared much softer in the first five months of the year following the release of key economic data on Thursday. … READ MORE >
The de-risking of world trade: Industrial policy in an era of changing political economy
That time of free trade and the unfettered flow of capital has passed, and industrial policy will be the primary organizing framework for trade, technology transfers and global finance. … READ MORE >
Retail sales and industrial production rise in May
The soft rebound in May’s retail sales was good news, suggesting that the economy might reach a soft landing sooner than expected. … READ MORE >
Top 5 takeaways from MLC’s June manufacturing conference
From how manufacturers can secure their connected operations in the age of edge computing to how to ease the burden of technical debt, executives converged in Marco Island, Florida, last week to discuss the industry’s most pressing issues at the Manufacturing Leadership Council’s 2024 Rethink conference. … READ MORE >