Analysis shows that the country's top 30 export categories combined for a trade deficit of more than $67 billion in 2013.
Ahead of ISA's annual convention April 25-27 in Cleveland, its Distributor Index showed a third...
For the first three months of the year, industrial output fell at an annual rate of 1 percent,...
Price and product intelligence provider 360pi's analysis of more than 30,000 Amazon auto parts...
As consolidation continues to increase, what MSC CEO Erik Gershwind said in the company's post-financial earnings conference call should give pause to other industrial distributors as to the importance of streamlining their supply chain efforts.
Gas prices have leveled off in recent months, eliminating one source of deflationary pressure on the U.S. dollar.
Warmer weather fueled a 2.1 percent boost in building materials sales, possible signs that the lagging manufacturing and construction sectors might also recover from a winter slump.
Business sales were weak for a seventh straight month, though economists are looking for a rebound in the current April-June quarter, led by stronger consumer spending.
The top U.S. oil reserves are forecast to decrease next month for the first time since the U.S. Energy Information Administration's Drilling Productivity Report debuted in October of 2013.
February's total dipped more than 10 percent from January's, though the president of The Association For Manufacturing Technology maintains an optimistic outlook.
Continuing to follow the pattern of durable goods manufacturing, the cutting tools figure ticked back up after dipping in January.
Analysts say falling crude prices increased the likelihood that established energy companies would look to acquire proven reserves rather than explore for additional resources.
If consumers do return to stores after a winter break, the renewed demand is expected to boost inventory building in future months.
The lower prices are a result of world oil supplies growing faster than demand because of higher production in North America and elsewhere. That dynamic has been depressing the price of crude oil.
In July, West Coast port imports exceeded the East Coast's by 33 percent. At the end of February, that margin was just 3 percent.
Monthly estimates show the U.S. lost 1,000 manufacturing jobs in March, with a strong dollar and effects of the West Coast ports strike likely causes.
The latest monthly report from the Institute of Supply Management shows continued manufacturing and economic expansion, though at a weak rate.
The climb was a welcome development for manufacturers struggling with disappointing economic growth in major trading partners like China, Europe, and Japan.
A CFO survey by Prime Advantage showed 90 percent of executives believed 2015 company would match or beat last year’s totals.
The Institute for Supply Management said Wednesday that its manufacturing index slipped to 51.5 in March from 52.9 in February – a fifth-straight monthly drop.
MAPI's research forecasts a higher 2015 manufacturing growth percentage than originally anticipated, while 2016's outlook was lowered.
The weakness in February was widespread, with weaker demand for commercial aircraft, autos and machinery. The result adds to a slew of disappointing data from recent economic indicators.
Both the ISA Distributor and Manufacturer Indexes showed healthy growth, spreading optimism among association members.
The report shows that while extreme long-term employment was down from last year, 11.4 of those unemployed last year looked for work for at least 99 weeks.
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.
A big surge by utilities due to a cold winter offset a third straight decline in factory output.
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.
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.
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.
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