Along with healthy sales growth, a report is out that the company plans to build a new 50-story...
Strong growth in Asia powered Avnet's revenue increase, especially in its Electronics Marketing...
Global consumption has never been higher, yet the price of a barrel of oil has fallen by more than half over the past six months due to an abundant supply. So where did all this oil come from?
The increase comes after total output finally passed its pre-recession peak in November, though overall industrial production had a slight dip.
Organizational restructuring and business integration projects brought down income significantly, while sales and organic revenue increased.
The gas tax, now 18.4 cents a gallon, and the diesel fuel tax, now 24.4 cents a gallon, were last increased in 1993.
The Labor Department said Thursday that its producer price index declined 0.3 percent last month, the biggest decline since a similar drop in October 2011.
An aggressive company hiring push helped sales numbers throughout the year, while its rise in FAST vending machines installed helped offset a decrease of 50 stores.
Though the monthly volume was the lowest since 2013, the Association For Manufacturing Technology says it is partly due to record breaking sales in October.
December's imports price decline was the biggest 1-month drop since December 2008, and was the sixth straight monthly decline overall.
Crediting an innovation spike in emerging technologies, the electrical distributor's sales growth rate was more than three times the industry average.
Month after month, U.S. hiring keeps rising, and unemployment keeps falling. Eventually, pay and inflation are supposed to start surging in response. They're not happening.
The latest manufacturing jobs report comes on the heels of President Obama's visit to Michigan last week as his administration touted more than 764,000 manufacturing jobs gained since the end of the recession.
The figure was the biggest uptick in stockpiles since a 1 percent jump in April, while wholesale sales dropped.
Nearing 3 years since its debut, 2015 could be the year AmazonSupply becomes a juggernaut in the B2B marketplace.
Year-over-year sales rose slightly for the quarter, though net income had a considerable drop.
Among the things influencing prices include OPEC’s recent shift in production output, refinery maintenance schedules, hurricane season, and gasoline taxes being elevated in several states.
Sales and gross margin were slightly below expectations, while operating expenses met MSC's forecasts.
Anixter is likely to gain more than $500 million in the sale, which comes after a failed attempt to sell the company last August.
Associated General Contractors of America officials said the new spending figures come as the group's members prepare a new push for action on a series of federal infrastructure programs.
Growth was slowed by weakened by declines in orders and production, yet still healthy, a sign manufacturing may help drive the economy's expansion in 2015 as it did last year.
Contractors cautioned that if labor conditions get even tighter, contractors will have to pass on new projects, and possibly delay existing ones, because of a lack of workers.
After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite so bright in other major countries.
Consumers, businesses, and investors, after enduring a brutal winter, showed renewed vigor as the year wore on and set the United States apart from much of the world.
Matthew B. Elliott, Michigan State President, Global Commercial Banking, Bank of America Merrill Lynch discusses upcoming trends, the skilled labor shortage, and domestic expansion of manufacturing.
Much of the decrease came from a steep 8.1 percent plunge in demand for defense-related items, while orders for metal products and electronics also slid.
Whether the price plunge ultimately helps or harms the global economy depends on how low oil prices fall, how long they stay low, and whether they trigger political upheaval that interrupts trade or spooks investors.
- Page 1