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Chicago Fed Index Shows Economic Growth Moderated In October

November 24, 2014 10:40 am | by Federal Reserve Bank of Chicago | News | Comments

Industrial production decreased 0.1 percent in October after rising 0.8 percent in September, and manufacturing production increased 0.2 percent in October for the second straight month.              

Year-Over-Year Construction Employment Increased In 37 States

November 24, 2014 9:30 am | by Associated General Contractors of America | News | Comments

Association officials noted that the sector’s...

Can Low Oil Prices Be Good For The Environment?

November 21, 2014 12:30 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

At around $75 a barrel, the price is high enough to keep investments flowing into alternatives,...

European Construction Production Dips In September

November 21, 2014 10:38 am | by Eurostat | News | Comments

Production decreased 1.8 percent in September, following a 0.7 percent rise in August.  ...

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Gauge Of U.S. Economy Posts 0.9 Percent October Gain

November 20, 2014 3:12 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The October reading was the best showing since a 1.2 percent jump in July.                                                   

U.S. Consumer Prices Unchanged In October

November 20, 2014 3:09 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

A fourth straight decline in gasoline costs helped to keep inflation at bay.                                                 

Spectrum Brands Reports Record Fiscal 2014 Results

November 20, 2014 9:44 am | by Spectrum Brands | News | Comments

An 8.4 percent rise in net sales was largely the result of the Hardware and Home Improvement Group acquisition on Dec. 17, 2012.                                 

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MAPI Report: U.S. 2014 Trade Deficit Headed For 50 Percent Increase

November 19, 2014 1:40 pm | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

MAPI's senior advisor for international trade and finance estimates the deficit increase could lead to a net loss of 350,000 American manufacturing jobs.                           

Lowe's Rides Improving Housing Market To Strong 3Q

November 19, 2014 10:06 am | by Associated Press | News | Comments

Rising home prices could become a hurdle for retailers like Lowe's and Home Depot but right now, both companies are showing solid signs of recovery from their slow start to the year.                   

U.S. Home Construction Drops In October

November 19, 2014 9:53 am | by Martin Crutsinger, AP Economics Writer | News | Comments

While overall construction was down in October, analysts said the weakness was confined to apartment building, which had seen a huge increase in September.                           

Producer Price Index Gains In October

November 18, 2014 12:39 pm | by U.S. Bureau Of Labor Statistics | News | Comments

A 0.2 percent PPI rise in October followed a 0.1 percent decline in September and no change in August.                                           

Why Airfare Keeps Rising Despite Lower Oil Prices

November 18, 2014 10:17 am | by Scott Mayerowitz, AP Airlines Writer | News | Comments

The main reason the airlines are not sharing the riches from fuel savings with passengers: There is no compelling reason to do so.                                  

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Home Depot Announces Third Quarter Results

November 18, 2014 10:06 am | by Home Depot | News | Comments

Q3 results reflect a pretax gain on a sale of a portion of the company's ownership in HD Supply, as well as pretax net expenses related to Home Depot's data breach.                         

October U.S. Factory Output Increases, Industrial Dips

November 17, 2014 1:16 pm | by Josh Boak, AP Economics Writer | News | Comments

Total industrial production dipped 0.1 percent last month, due to a sharp decline in output from the volatile mining and utility sectors.                                 

U.S. Retail Sales Rise On Autos, Online Purchases

November 14, 2014 11:59 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Employers have stepped up hiring, giving more Americans paychecks to spend and boosting consumer confidence.                                         

Why Many Aren't Celebrating Low Unemployment

November 14, 2014 9:39 am | by Josh Boak, AP Economics Writer | News | Comments

Many Americans don't feel they've benefited from falling unemployment any more than they have from a sustained rise in the stock market or from solid U.S. economic growth.                   

Ace Hardware Reports Record Third Quarter Sales

November 14, 2014 9:24 am | by Ace Hardware | News | Comments

More than half of Ace's 23 merchandising categories have shown double-digit growth for the year.                                            

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Allied Motion Revenues Soar in Third Quarter

November 13, 2014 2:53 pm | by Allied Motion | News | Comments

Boosted by the August, 2013 acquisition of Globe Motors, Allied's 2014 year-to-date income has more than tripled what it was after Q3 of last year.                             

U.S. Drivers Should Get Used To Cheap Gas

November 13, 2014 12:43 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

In a dramatic shift from previous forecasts, the Energy Department predicted Wednesday that the average price of gasoline in the U.S. will be below $2.94 a gallon in 2015.                       

September Wholesale Revenues, Inventories Post Modest Gain

November 13, 2014 10:52 am | by U.S. Census Bureau | News | Comments

The figures include a healthy sales increase for hardware, plumbing, heating equipment, and supplies, while lumber and other construction materials had a small gain.                         

Grainger Reports October Sales, Provides Outlook

November 13, 2014 10:36 am | by Grainger | News | Comments

Along with healthy October sales growth, Grainger plans to increase investments in growth and infrastructure in 2015 by $115 to $150 million.                               

U.S. Cutting Tool Consumption Up 4.6 Percent In September

November 13, 2014 9:58 am | by The Association For Manufacturing Technology | News | Comments

The rise matched market expectations for a strong finish in 2014, and continued growth is expected into 2015.                                         

Distributors In Power Transmission/Motion Control Outperform Manufacturers In Q3

November 13, 2014 9:14 am | by PTDA | News | Comments

Distributors reported more positive business activity and new orders for 3Q 2014 than manufacturers, a notable change from 1Q and 2Q.                                 

U.S. Wholesale Stockpiles Up

November 12, 2014 11:34 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. wholesale businesses posted a modest gain in their stockpiles in September as sales rebounded from a big decline the previous month.                   

2014 Manufacturing Technology Orders Up 5.2%

November 11, 2014 10:26 am | by The Association For Manufacturing Technology | News | Comments

September U.S. manufacturing technology orders totaled $647.63 million according to AMT – The Association For Manufacturing Technology.                    

Why Many Aren't Celebrating Low U.S. Unemployment

November 10, 2014 10:21 am | by Josh Boak, The Associated Press | News | Comments

Friday's strong jobs report showed that the jobless rate — the most closely watched gauge of the economy's health — is down to 5.8 percent. A year ago, the rate was 7.2 percent. Five years ago, it was 10 percent.       

Solid U.S. Hiring Likely, But Americans Are Anxious

November 7, 2014 5:19 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Employers reportedly are expected to have added 230,000 jobs in October, so why aren't Americans more cheerful?                                       

Jack Keough: Another Look At The Big 50

November 7, 2014 5:12 pm | by Jack Keough, Contributing Editor | Articles | Comments

Jack Keough discusses the trends of what made companies rise or fall on our annual list of the top 50 industrial distributors by revenue.                                 

MRC Global Q3 Sales Vault 23 Percent

November 6, 2014 5:12 pm | by MRC Global | News | Comments

The company hit a new third quarter sales record, as well as achieved record numbers in quarterly valve sales.                                        

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