Progress toward normalized lending practices generally halted in the first quarter as the Federal Reserve turned more hawkish amid the rebound in inflation, according to data in a Fed report announced on Monday. … READ MORE >
Industrials
Business equipment spending grows in March
The core capital goods shipments rose by 0.2% on a monthly basis, bringing the three-month moving average annualized pace to 2.0%. … READ MORE >
Industrial production rebounds as housing starts plunge
Housing starts dropped by 14.7% to 1.32 million on an annualized rate, the lowest level since last August. … READ MORE >
Texas energy supply during eclipse highlights importance of battery storage
The switch from solar energy to natural gas and coal-fired plants underscored the need to accelerate the connection of battery storage to the power grid to provide power during cloudy conditions. … READ MORE >
Manufacturing sector expands for the first time since September 2022
The manufacturing sector grew faster in March than expected on the heels of strong production activity and new orders, according to the Institute for Supply Management survey released on Monday. … READ MORE >
RSM US Manufacturing Outlook Index: The Boeing effect takes a toll
The RSM US Manufacturing Outlook Index declined in March, reflecting sluggish activity across the production sector in general and the problems at Boeing in particular. … READ MORE >
Space companies benefiting from rising demand and focus on efficiency, executives say
Quarterly sales expanded in the space sector, benefiting from rising demand. At the same time, companies improved margins through a renewed focus on efficient business models. … READ MORE >
U.S. economy remained resilient in first quarter amid signs of future softening
The data is not likely to change the Federal Reserve’s course on monetary policy, with the central bank likely to hold rates steady at its May meeting. … READ MORE >
Industrial production rises to highest level in three months
Overall industrial production volume rose by 0.1% on the back of robust manufacturing production, which grew by 0.8% on the month, the Federal Reserve reported on Friday. … READ MORE >
Should the U.S. ban imports of Chinese electric vehicles?
Should a pause or outright barrier on entry of Chinese EVs into the U.S. market happen, this should not lead companies to become complacent. … READ MORE >