Economy

Fasteners Argeo
Fastener Distributor Index Jumps in February as Outlook Hits Record-High
Sales, employment, deliveries and pricing are at historic highs, while shrinking inventories is evidence of a clearing backlog.
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Infra Ap21058017639861
U.S. Infrastructure Gets C- Grade
The American Society of Civil Engineers sees a $2.6T gap in infrastructure spending.
Mar 3rd, 2021
I Stock 1224034141
US Manufacturing Accelerates in February, Backlog Grows
It was the strongest performance since February 2018.
Mar 1st, 2021
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Productivity Construction Ap
Productivity Declines Most in Nearly 40 Years
Mar 4th, 2021
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Distributor Pandemic Index Posts Major Rebound
Mar 3rd, 2021
In this April 16, 2020 photo, work continues on a bridge on the Interstate Highway 75 project in Troy, MI.
Beyond Virus Relief, Biden Team Prepares Wider Economic Package
Mar 1st, 2021
I Stock 1148509106
January US Construction Spending Up 1.7%
Mar 1st, 2021
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Workers wearing face masks polish bicycle wheel rims at a factory in Hangzhou in east China's Zhejiang province on Feb. 19, 2021. China's manufacturing recovery weakened for a third month in February as exports and new orders declined, according to two surveys released on Monday, March 1, 2021.
China Manufacturing Weakens for Third Month
The economic outlook and renewed disease outbreaks abroad that have prompted governments to reimpose business and travel curbs.
Mar 1st, 2021
Factory Worker Using Electric Grinder In Metal Industry 619629568 2125x1416 (1)
Expectations for U.S. and Overseas Manufacturing
How supply chain factors, investment decisions and a new administration will all play key roles in manufacturing's near future.
Feb 26th, 2021
I Stock 843023702
Durable Goods Orders Climb 3.4% in January
The total was pulled up by a nearly 400% increase in civilian aircraft and parts.
Feb 25th, 2021
Warehouse I8wgbd
Amid Weather Impacts, Distributor Pandemic Index Plunges to 1st Loss in 3 Months
Indian River Consulting said the result was likely driven by impacts of nationwide weather issues, especially in the Texas region.
Feb 24th, 2021
President Joe Biden speaks to member of the media after exiting Air Force One, Friday, Feb. 19, 2021, in Andrews Air Force Base, Md.
Biden to Boost Pandemic Lending to Smallest Businesses
Only businesses with fewer than 20 employees can apply for the forgivable loans.
Feb 22nd, 2021
Warehouse 12a 5fac3e6c76875
Distributor Pandemic Revenue Index Reverts to Modest Growth
The index followed a major gain by returning to the mid-single digits — it's most common range since mid-September.
Feb 18th, 2021
I Stock 502178838 5f9040b428638
US Cutting Tool Consumption Sunk 22% in 2020
Orders picked up steadily after bottoming out at down 36 percent year-over-year in May, but still have a long way to go to comparative breakeven.
Feb 17th, 2021
Cristian Cardona, right, an employee at a McDonald's, attends a rally for a $15 an hour minimum wage on Feb. 16 in Orlando, FL.
Is the $15 Minimum Wage a Job Boon or Bust?
The U.S. lags other developed countries in the size of its minimum wage.
Feb 17th, 2021
I Stock 1179825208
January Wholesale Prices Jump 1.3%
The gain was led by health care and energy prices.
Feb 17th, 2021
Industrial Production I Stock 1169155411
US Industrial Production Climbs 0.9% in January
Manufacturing rose 1% even though auto production was held down by a shortage of semiconductors.
Feb 17th, 2021
In this Jan. 28, 2021 file photo, President Joe Biden signs a series of executive orders in the Oval Office of the White House in Washington.
Minimum Wage Hike Commitment Faces Uncertainty with Biden
The effort to raise the minimum wage from the current $7.25 to $15 is facing an unexpected roadblock: Biden himself.
Feb 16th, 2021
The Bitcoin logo appears on the display screen of a crypto currency ATM at the Smoker's Choice store on Feb. 9 in Salem, NH.
Bitcoin Unit Cost Hits $50,000 for First Time
The same Bitcoin just one year ago would have cost you $10,000.
Feb 16th, 2021