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MAPI U.S. Industrial Outlook: Strong Dollar Offsets Low Energy Prices

March 26, 2015 2:53 pm | by MAPI Foundation | News | Comments

MAPI's research forecasts a higher 2015 manufacturing growth percentage than originally anticipated, while 2016's outlook was lowered.

U.S. Durable Goods Orders Fell 1.4 Percent In February

March 25, 2015 10:46 am | by Martin Crustinger, AP Economics Writer | News | Comments

The weakness in February was widespread, with weaker demand for commercial aircraft, autos and...

ISA Economic Indicator Shows Accelerated February Expansion

March 23, 2015 12:12 pm | by Industrial Supply Association | News | Comments

Both the ISA Distributor and Manufacturer Indexes showed healthy growth, spreading optimism...

By The Numbers: Federal Report Says 'Extreme Long-Term Unemployment' Remained High In 2014

March 19, 2015 2:24 pm | by Andy Szal, Digital Reporter | News | Comments

The report shows that while extreme long-term employment was down from last year, 11.4 of those...

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Oil Prices Fall To Six-Year Low

March 18, 2015 11:03 am | by Andy Szal, Digital Reporter | News | Comments

The plummeting price of oil since mid-2014 led producers to reduce the amount of rigs in operation in the U.S., but analysts said the effects of those cuts won't be felt by the marketplace for some time.

Industrial Output Edged Up In February

March 16, 2015 10:08 am | by Martin Crutsinger, AP Economics Writer | News | Comments

A big surge by utilities due to a cold winter offset a third straight decline in factory output.

Oil Is On Its Way Down Again; Will Gasoline Prices Follow?

March 16, 2015 8:50 am | by Jonathan Fahey, AP Energy Writer | News | Comments

The price of oil has fallen close to its lowest price in six years, and many expect it to fall much further in the coming weeks because supplies are still heading up and the summer driving season is still months away.

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Study Says It Will Take Decades to Close Gender Wage Gap

March 13, 2015 3:58 pm | by CBS This Morning | Videos | Comments

A new report from the Institute for Women's Policy Research forecasts the national gender wage gap will close in the year 2058, meaning women will not receive equal pay for the next 43 years. In some states, it will take even longer.

U.S. Wholesale Prices Down For Fourth Straight Month

March 13, 2015 11:58 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Robust hiring in the past 12 months and lower gas prices lifted consumer confidence in January and February, but those trends have yet to boost consumer spending this year.

The Dollar Is Making A Comeback

March 13, 2015 11:26 am | by Maura Falk, Associate Editor | Videos | Comments

At the end of last Wednesday the dollar ended at its highest value of $1.05 against the euro in 12 years. This isn’t the end either, according to analysts the dollar could very well become even more valuable in the coming days.

U.S. Cutting Tool Consumption Down In January

March 12, 2015 11:14 am | by Association For Manufacturing Technology & United States Cutting Tool Institute | News | Comments

Despite the decline, January's industrial production increase has experts optimistic about cutting tool shipment growth in February and March.

Good News For Some Of Us: Other People Are Quitting Jobs

March 12, 2015 10:16 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Workers who quit typically do so to take higher-paying jobs. That's why rising numbers of quits typically signal confidence in the economy and the job market.

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Global Industrial Fasteners Market Expected To Top $104 Billion By 2020

March 11, 2015 11:56 am | by Mike Hockett, Associate Editor | News | Comments

Market analysis from consulting firm Grand View Research shows that increasing growth in the automotive and construction industries will continue to drive demand.

U.S. Wholesale Stockpiles Increase, Sales Sink In January

March 10, 2015 4:56 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

Despite the string of declines in sales, economists remain optimistic that sales will rebound in coming months as consumer spending gets a boost from falling gas prices and healthy job gains.

U.S. Gas Prices Jump 21 Cents In 2 Weeks

March 9, 2015 10:35 am | by Associated Press | News | Comments

Industry analyst Trilby Lundberg said Sunday that the price is still 97 cents per gallon less than a year ago.

Epic Snows Have Meant Economic Woes Across All Industries

March 9, 2015 10:26 am | by Philip Marcelo, Associated Press | News | Comments

Every work day lost during New England's historic winter has resulted in millions of dollars taken out of the regional economy.

U.S. Trade Deficit Drops 8.3 Percent In January

March 6, 2015 9:48 am | by Josh Boak, AP Economics Writer | News | Comments

Much of the dip in imports likely came from lower oil prices and a labor dispute that disrupted shipping at West Coast ports, while the strong U.S. dollar is weighing down exports.

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Report: Reshoring To Boost Industrial Construction 7.8 Percent In 2015

March 5, 2015 4:19 pm | by Andy Szal, Digital Reporter | News | Comments

Quarterly forecasts suggest that lower domestic energy prices and declining overseas competitive advantages make the U.S. an attractive destination for high value-added manufacturing.

Low Oil Prices Are Here To Stay

March 5, 2015 3:04 pm | by Maura Falk, Associate Editor | News | Comments

Exxon Mobile and BP both say we should get used to low oil prices for a while. Who will be effected the most?

NBMDA’s Sales Trends Research Show Increased Growth Confidence In 2015

March 5, 2015 10:20 am | by North American Building Material Distribution Association | News | Comments

NBMDA members saw strong sales growth in Q4, with both distributors and manufacturers posting 7 percent growth.

U.S. Productivity Falls At Faster Pace, Labor Costs Rise

March 5, 2015 10:00 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Weaker productivity and higher labor costs could spell inflation troubles for the economy, but analysts say that the changes in the fourth quarter are temporary.

E-Commerce Shaping Material Handling In 2015

March 4, 2015 8:25 am | by Bob Liebe and Chris Capshaw, Division Presidents at Wynright Corporation | Articles | Comments

Orders are no longer standardized, retailers demand more value-added services, and customers expect to receive products faster than ever. Now is the time to examine how B2B will continue to shape material handling trends this year.

Survey: Retail Industry Ripe For M&A In 2015

March 3, 2015 9:58 am | by BDO USA | News | Comments

Survey publisher BDO USA says many traditional brick-and-mortar retailers have fewer opportunities for growth, and are turning to M&A to gain market share through consolidation or enter new markets to extend their brand and reach.

DXP's Q4 And 2014 Sales Up, Profit Down

March 2, 2015 4:59 pm | by Mike Hockett, Associate Editor | News | Comments

DXP reported healthy sales increases across the board, but a large impairment charge in Q4 gave the company a net loss.

U.S. Manufacturing Slows In February As Output, Hiring Weaken

March 2, 2015 12:54 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Though February's manufacturing index still indicated expansion, it was the fourth straight drop and the lowest reading since January 2014.

Gas Prices Soar In California As Supply Shrinks

March 2, 2015 10:52 am | by Gillian Flaccus, Associated Press | News | Comments

Exxon Mobil gas production has been reduced after an explosion at one refinery and labor unrest at another, resulting in a 25 cent-per-gallon increase in less than a week.

Reliance Steel Announces Executive Leadership Succession Plan

March 2, 2015 10:31 am | by Reliance Steel & Aluminum Co. | News | Comments

Reliance's succession plan includes a new CEO, CFO, and executive vice president.

Orders For U.S. Durable Goods Up 2.8 Percent In January

February 26, 2015 1:41 pm | by Martin Crustinger, AP Economics Writer | News | Comments

The rebound is a key indicator that business investment plans showed an increase.

Interline Brands Posts Q4 & Full Year Sales Gains, Profit Losses

February 26, 2015 9:28 am | by Mike Hockett, Associate Editor | News | Comments

Interline's sales increased across all segments both quarterly and yearly, but increased SG&A costs related to expansion initiatives and litigation charges hurt its bottom line.

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