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Global Oil Impact: Who's Hurting, Happy, Hopeful

December 19, 2014 3:17 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

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.         

Construction Employment Increases In 38 States Over Past Year

December 19, 2014 3:08 pm | by Associated General Contractors of America | News | Comments

Association officials noted that the list of...

6 Key Predictions For Manufacturing In 2015

December 19, 2014 10:10 am | by John Zegers, Director, Georgia Center of Innovation for Manufacturing | Articles | Comments

John Zegers, director of the Georgia Center of...

Sides 'Far Apart' In West Coast Port Negotiations

December 19, 2014 9:40 am | by Justin Pritchard, Associated Press | News | Comments

Longshoremen have continued to work without a...

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U.S. November Construction Jumps 13 Percent

December 18, 2014 4:58 pm | by Dodge Data & Analytics | News | Comments

New construction starts had an overall healthy November gain, led by nonresidential and nonbuilding construction, while residential construction retreated.                           

MAPI U.S. Industrial Outlook: Widespread Growth Ahead

December 18, 2014 10:06 am | News | Comments

The MAPI Foundation forecasts manufacturing production growth of 3.5 percent in 2015, 3.9 percent in 2016, and 3.1 percent in 2017.                         

U.S. Consumer Prices Fell 0.3 Percent In November

December 17, 2014 5:07 pm | by Josh Boak, AP Economics Writer | News | Comments

Prices have barely budged, even though hiring has picked up and the unemployment rate has fallen to 5.8 percent.                                       


Why Oil Is Down By Half, And What It Means For You

December 15, 2014 2:49 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

For drivers, shippers, airlines and other consumers of fuel, there's nothing not to like about the drop in oil prices. For oil companies, oil-producing states, and oil-exporting countries, the drop is painful.           

Fed Likely To Note Gains But Signal No Rate Hike

December 15, 2014 2:43 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The Fed may no longer say it plans to keep a key interest rate near zero for a "considerable time." If so, the Fed would be signaling that it's moving closer to raising rates — eventually.                 

Factory Output Eclipses Pre-Recession High

December 15, 2014 11:46 am | by Josh Boak, AP Economics Writer | News | Comments

Manufacturing output has risen 4.8 percent over the past 12 months, and is now above the previous high set just before the downturn began in December 2007.                           

Grainger To Withdraw From Chicago Stock Exchange

December 15, 2014 10:09 am | by Industrial Distribution Staff | News | Comments

Effective in January, Grainger is withdrawing to eliminate duplicative administrative requirements and costs inherent with dual listings with both the Chicago Stock Exchange and New York Stock Exchange.           

U.S. Crude Oil Production Expected To Grow Despite Lower Prices

December 12, 2014 1:32 pm | by U.S. Energy Information Administration | News | Comments

Analyzing indicators and the changes in oil production following the drop in crude oil prices during the 2008-09 recession may offer some insight into possible near-term oil production trends.                 


Grainger Reports November Sales

December 12, 2014 11:29 am | by Grainger | News | Comments

Grainger's U.S. sales increased 9 percent during the month, including 1 percent growth each from season products and Ebola-related safety products.                             

U.S. Import, Export Prices Drop In November

December 11, 2014 1:15 pm | by U.S. Bureau Of Labor Statistics | News | Comments

Falling fuel prices drove down export prices of nonagricultural industrial supplies, while lower metals prices dropped the cost on imports of nonfuel industrial supplies.                       

U.S. Cutting Tool Consumption Up Nearly 10 Percent in October

December 10, 2014 4:34 pm | by Association For Manufacturing Technology | News | Comments

The president of the U.S. Cutting Tool Institute says the increased sales immediately after IMTS in Chicago have created a momentum that has continued to swell into the fourth quarter.                   

Webco Industries Reports Q1 Sales

December 9, 2014 4:08 pm | by Webco Industries | News | Comments

The high-quality steel manufacturer and value-added distributor posted a relatively flat net income gain, while net sales increased 3.7 percent over last year.                          

Local Connecticut Manufacturers, Wholesalers Optimistic About 2015

December 9, 2014 2:37 pm | by Exact | News | Comments

Software solutions provider Exact surveyed small and medium-sized businesses in Connecticut, finding the majority anticipate more growth in 2015 than 2014.                           


U.S. Wholesale Stockpiles Up In October

December 9, 2014 2:28 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

Economists are watching closely to see if businesses begin holding back on expanding inventories in the face of weaker sales.                                   

HD Supply Reports Healthy Q3 Growth

December 9, 2014 9:34 am | by HD Supply | News | Comments

On the heels of selling its Hardware Solutions business unit to The Home Depot, HD Supply's third quarter performance represents the 18th consecutive quarter of year-over-year average daily sales growth.             

Study Shows Millennials Prone To Job-Hopping

December 8, 2014 2:42 pm | by Associated Press | News | Comments

See the results of a survey commissioned to gain better insight into why employees leave their current jobs, and what employers can do to better retain talent across generations.                     

Economists Forecast Fast Growth In 2015

December 8, 2014 12:34 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

With just one month to go, the country is on track to see the largest annual gain in jobs since 1999. More people working means more incomes and higher consumer spending.                       

Construction Employment Hits 5-Year High In November

December 5, 2014 2:55 pm | by Associated General Contractors Of America | News | Comments

Association officials cautioned, however, that the latest figures include signs that demand for public-sector and non-residential construction may be weakening.                         

U.S. Trade Deficit Drops In October

December 5, 2014 1:00 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The lower deficit reflects in part growth in U.S. exports, which have climbed to record levels this year, giving a boost to American manufacturers.                             

U.S. Oil Reserves Surpass 36B Barrels For 1st Time Since 1975

December 5, 2014 10:37 am | by U.S. Energy Information Administration | News | Comments

North Dakota had the largest increase in oil reserves among individual states, while Texas remains by far the leading state in total proved oil reserves.                           

Manufacturing Sector Gains 28K Jobs In November

December 5, 2014 9:44 am | by Alliance For American Manufacturing | News | Comments

The #AAMeter, which tracks President Obama's promise to create 1 million new manufacturing jobs in his second term, is up to +257,000 jobs, after positive revisions to October and September’s data.           

U.S. Companies Added 208K Jobs Last Month

December 4, 2014 10:36 am | by Christopher Rugaber, AP Economics Writer | News | Comments

The figures suggest that businesses remain confident enough in the economy and their level of customer demand to add workers despite sluggish growth overseas.                           

Fastenal's November Sales Rise 9.6 Percent

December 3, 2014 3:59 pm | by Fastenal | News | Comments

The Winona, MN-based company posted a near double-digit percentage increase in monthly sales, with daily sales showing an even bigger increase.                               

Construction Employment Increased In 228 Metro Areas

December 3, 2014 3:44 pm | by Associated General Contractors of America | News | Comments

Association officials said the construction job gains come as new federal figures show year-over-year growth in construction spending and many firms report impacts from growing shortages of qualified workers.            

ISM: Manufacturing Slows Slightly, Remains Strong

December 3, 2014 1:08 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | News | Comments

A closer look at November's PMI figure, which indicates growth for the 66th consecutive month in the overall economy, and expansion in the manufacturing sector for the 18th consecutive month.                 

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