Currently, Floridians are supposed to pay taxes for online purchases, but there's no way to enforce the law. The state can't force companies like Amazon to collect the tax unless it has a physical presence, such as a warehouse or store.
Sales of $787.5 million increased $45.8 million, or 6.2%, from 2013 levels; excluding $15.2...
The positive sentiment about the prospects of U.S. commerce in the next 12 months reached the...
The ISA Manufacturer Index rose from 63.2% in February to 66.0% in March, while the Distributor Index increased from 59.2% in February to 65.0% this month. The Indexes have been above 50% since December 2012.
Overall trading has been consistent with expectations at the time of the annual results announcement in February. Acquisition growth continues to be a key part of the company’s strategy and Bunzl announced that it has completed three further acquisitions in Chile, the US and New Zealand.
Sales of $2.4 billion increased 5% versus $2.3 billion in the first quarter of 2013. Net earnings for the quarter increased 2% to $217 million versus $212 million in 2013. Earnings per share of $3.07 increased 4% versus $2.94 in 2013.
Jack Keough weighs in on MSC Industrial Direct's second quarter earnings, including MSC's President and CEO Erik Gershwind's comments to financial analysts that manufacturing, particularly the metalworking sector, has “improved considerably” from what had been occurring during the past 18 months.
The company's sales in the first quarter in local currencies increased by 4.4% in Europe, by 2.9% in North America, by 4.1% in Latin America, by 10.6% in Asia and by 21.4% in Middle East and Africa.
February U.S. manufacturing technology orders totaled $354.40 million according to AMT - The Association For Manufacturing Technology. This was down 6.6% from January and down 6.2% when compared with the total of $377.82 million reported for February 2013.
"With expanded investment, comes expanded expectations - in July 2013 we grew average daily sales over the same month in the preceding year in the low single digits, in March 2014 we grew average daily sales over the same month in the preceding year by 11.6%," says Will Oberton, CEO.
This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 1.2% from January’s total and down 6.8% from February 2013.
About 700 hourly positions will be cut beginning in June, and 60 salaried positions will be eliminated starting in July, the Wisconsin-based company said. Oshkosh Defense will be left with about 1,850 employees.
The bipartisan Revitalize American Manufacturing and Innovation Act of 2013 would establish specialized manufacturing innovation ‘hubs’ around the country, creating thousands of high-paying, high-tech manufacturing jobs while enhancing the United States’ role as the world’s leader in advanced manufacturing.
U.S. wholesale businesses increased their stockpiles for an eighth consecutive month in February as their sales rose at the fastest clip since November, good signs for future economic growth.
Jacob Prak, CEO of Michigan Manufacturing International (MMI), provides an overview of manufacturing trends for the coming twelve months.
Net sales for the fiscal second quarter 2014 were $661.5 million, an increase of 16.2% over net sales of $569.5 million in the same quarter a year ago. The acquired Barnes Distribution North America business contributed $69.8 million to net sales in the fiscal second quarter 2014.
The Labor Department said Tuesday that employers advertised 4.2 million job openings, up 7.7 % from January. That's the highest number of postings since January 2008.
The lending organization expects the global economy to grow 3.6% this year and 3.9% in 2015, up from 3% last year. Those figures are one-tenth of a percentage point below the IMF's previous forecasts in January.
The infrastructure problems are increasing business costs and it will only get worse. Whether it is missing a delivery promise because of a freeway jam, losing water pressure in a food plant, loss of electricity during a blackout, or being fined by a government agency, infrastructure problems will continue to increase business costs and make business less competitive.
The price of oil edged up closer to $103 a barrel Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude stockpiles.
Obama's actions focused exclusively on federal contractors but they dovetailed with the start of Senate debate on broader legislation to make it easier for workers to sue any company for paying women less because of their gender.
In Europe, the positive trend in demand has continued, extending from the second half of 2013 into the new year. Sales increased in local currency by 8.4%, with Bossard reporting growth in virtually all of the company's sales regions.
Gov. Steve Beshear said Monday he wants Kentucky to be as synonymous with the auto industry as Detroit. The Democratic governor announced the formation of the Kentucky Automotive Industry Association to promote Kentucky as an automotive hub.
President Barack Obama on Monday announced more than $100 million in grants for two dozen schools across the country that are helping students gain work experience for what he called the "in-demand jobs of the future."
As economic conditions continue to improve worldwide, the demand for machines in sectors such as agriculture, packaging, materials handling and machine tools will push revenues to $1.6 trillion this year, up from $1.5 trillion in 2013. This represents annual growth of 6.3%.
The Senate Finance Committee on Thursday passed bipartisan legislation to allow startup companies and small businesses to access the successful Research and Development Tax Credit.
Small businesses have gotten a surge of optimism, one that may lead to more hiring in the coming months.
Respondents of the sixth annual Group CFO Survey remain optimistic about financial prospects and are focused on growth, as indicated by increased hiring, capital, and R&D investments.
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