In this Jan. 14 photo, shipping containers are stacked at a dockyard on the Yangtze River in Nantong in eastern China's Jiangsu Province.
Reduced Rates, Trade Tension to Aid World Growth
The International Monetary Fund foresees world economic growth accelerating from 2.9 percent last year to 3.3 percent in 2020 and 3.4 percent in 2021.
Jan 20th, 2020
I Stock 1028462780 (1)
Signs Point Up for Small Manufacturers
Jan 20th, 2020
In this Oct. 2, 2019 file photo, a carpenter works on a construction site in North Andover, MA.
Dec. US Housing Construction Jumps 16.9%
Jan 17th, 2020
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Senate Overwhemingly Passes USCMA Deal
Jan 16th, 2020
President Donald Trump and Chinese Vice Premier Liu He hold the U.S. China Trade Agreement after signing it in the East Room of the White House on Wednesday, Jan. 15 in Washington.
US, China Deal Aims to Simmer Tensions
Jan 15th, 2020
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December US Consumer Prices Up 0.2%
Over the past year, consumer inflation is up 2.3 percent.
Jan 14th, 2020
In this April 25, 2018, file photo, attendees visit the Ford booth during Auto China 2018 show held in Beijing, China. China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington.Sunday, Dec. 15, 2019’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half penalties that already were imposed.
US Axes China's Currency Manipulator Label
The action comes five months after the Trump administration had branded China a currency manipulator.
Jan 13th, 2020
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Nov. Mfg Technology Orders Fall Further
The Association for Manufacturing Technology noted that November's numbers reflects an aggressive move by sellers to reduce inventory before the end of the year.
Jan 13th, 2020
In this Oct. 1, 2019 file photo, Gabriel Picon, right, talks with a representative from GameStop during a job fair at Dolphin Mall in Miami.
US Adds 145K Jobs; Unemployment at 3.5%
Manufacturing companies added just 46,000 jobs in all of 2019.
Jan 10th, 2020
In this Oct. 19, 2019, file photo, members of the International Monetary and Financial Committee (IMFC) meet at the World Bank/IMF Annual Meetings in Washington.
World Bank Sees Small Global 2020 Rebound
In an updated economic outlook released Wednesday, the World Bank forecast the global economy will grow 2.5% this year.
Jan 9th, 2020
I Stock 155321159
Dec. Fastener Distrib. Index at All-Time Low
December's reading was the lowest since the FDI was incepted in January 2012.
Jan 9th, 2020
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China's Economy Czar to Sign Trade Deal
Vice Premier Liu He, Beijing’s chief envoy in talks with Washington over their tariff war, will lead a delegation to Washington from Monday through Wednesday.
Jan 9th, 2020
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MSC's Q1 Shows Stubborn Market Slowdown
MSC — No. 8 on ID's 2019 Big 50 List — reported its 2020 Q1 fiscals Wednesday, with the figures showing that the industrial slowdown that plagued distributors and suppliers for much of 2019 is still very much in effect.
Jan 8th, 2020
I Stock 1133251566
US Trade Deficit Falls 8.2% in Nov.
Shrinking to $43.1 billion, November showed the smallest deficit since October 2016.
Jan 7th, 2020
In this Dec. 3, 2019 file photo, workers erect a building under construction, in Philadelphia.
US Construction Spending Up 0.6% in Nov.
It was the fifth consecutive monthly gain and a sharp improvement from a tiny 0.1 percent October advance.
Jan 3rd, 2020
This March 27, 2019 file photo shows people working on the Boeing 737 MAX 8 assembly line during a brief media tour in Boeing's 737 assembly facility in Renton, WA.
US Mfg. Activity Hits Decade-Low
ISM's December Manufacturing Index December reading was its lowest since June 2009, when the US economy was at the tail end of the Great Recession.
Jan 3rd, 2020
President Donald Trump gives a thumbs-up after arriving for Christmas Eve dinner at Mar-a-lago in Palm Beach, FL on Dec. 24.
Trump to Sign 1st-Step China Deal Jan. 15
The so-called “Phase One” agreement is smaller than the comprehensive deal Trump had hoped for and leaves many of the thorniest issues between the two countries for future talks.
Jan 2nd, 2020
In this Nov. 28, file photo, people shop at a Best Buy store during a Black Friday sale in Overland Park, KS.
Nov. Durable Goods Orders Slip 2%
It was the largest decline for durable goods since May, and orders have fallen in two of the past three months.
Dec 23rd, 2019
In this Oct. 28, 2019 file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, CA.
Economic Growth Shows Resilience
The US economy is finishing the year in strong shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve.
Dec 23rd, 2019
In this Dec. 3, 2019 photo, visitors look at the ship models exhibited by the China State Shipbuilding Corporation (CSSC) during the Marintec China exhibition in Shanghai, China.
China Announces Tariff Cuts, More Competition
The Finance Ministry said the new tariff cuts would mainly apply to products in short supply and to foreign products for daily use.
Dec 23rd, 2019
In this Oct. 2, 2019 file photo, trucks are positioned to haul shipping containers at a terminal where containers are stacked five-high on Harbor Island in Seattle.
US Economy Grew at 2.1% Rate in Q3
Consumer spending, which accounts for 70 percent of economic activity, grew at a stronger 3.2 percent pace.
Dec 20th, 2019
In this Nov. 20, 2019 file photo, workers assemble Apple products at an Apple manufacturing plant in Austin, TX.
US Industrial Production Rises 1.1% in Nov.
The gain reversed a 0.9% drop in October and was the biggest jump since October 2017.
Dec 17th, 2019
In this Nov. 27, 2019 photo, a passer-by walks past a hiring for the holidays sign near an entrance to a Target store location, in Westwood, MA.
Employers Post More Jobs in October
The Labor Department said Tuesday that the number of available positions rose 3.3% to nearly 7.3 million.
Dec 17th, 2019
Cutting Tool Cnc I Stock
Oct. Cutting Tool Orders up 10% from Sept.
Despite the considerable one-month increase, October's total was still down 3.3 percent from a year earlier.
Dec 17th, 2019
Jesus Seade, Mexican undersecretary to North America, walks out following a meeting with U.S. Trade Representative Robert Lighthizer​​ in Washington on Monday, Dec. 16.
US, Mexico Quickly Mend Trade Deal Rift
At issue are five labor attaches the United States intends to send to Mexico to oversee the Mexican government’s labor reforms.
Dec 17th, 2019
In this Nov. 4, 2019 file photo, a job posting is displayed near the entrance outside a restaurant in Orlando, FL.
Study: Entrepreneurs Upbeat about Hiring
A 2018 study of about 3,000 people in the US found that nearly 9 in 10 entrepreneurs with young companies expect to employ workers during the next five years.
Dec 16th, 2019
In this April 25, 2018 file photo, attendees visit the Ford booth during Auto China 2018 show held in Beijing, China.
China Delays Tariffs in Trade Deal
Sunday’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half existing penalties.
Dec 16th, 2019
In this July 22, 2019 file photo, stacked containers wait to be loaded on to trucks at the Port of Oakland in Oakland, CA. China's government says trade negotiators are in “close communication” with Washington ahead of a weekend deadline for a U.S. tariff hike.
Trump Says US, China Have Reached Deal
The major development de-escalates a 17-month dispute between the economic powers.
Dec 13th, 2019
A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve on Wednesday, Dec. 11.
Fed Leaves Low Rates Alone
Fueling that expectation is the growing belief of Fed officials that inflation will remain tame even as the economy keeps growing modestly and the job market remains solid.
Dec 12th, 2019
I Stock 1134872513 (1)
Mfg. Capital Spending to Drop 2.1% in 2020
Though capital spending is forecasted to decrease, all 18 of ISM's manufacturing sectors forecast higher 2020 revenues than in 2019.
Dec 11th, 2019
This Oct. 8, 2019, file photo shows the logo for Chevron on the floor of the New York Stock Exchange. Chevron Corp. reports financial results Friday, Nov. 1. Chevron said Tuesday, Dec. 10, it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas are making some projects less valuable.
Chevron to Take $10B+ Write-down
The company says lower long-term prices for oil and natural gas will reduce the value of its assets.
Dec 11th, 2019
Deputy Prime Minister of Canada Chrystia Freeland, left, Mexico's top trade negotiator Jesus Seade, center, and U.S. Trade Representative Robert Lighthizer, sign an update to the North American Free Trade Agreement, at the national palace in Mexico City on Tuesday, Dec. 10. Observing from behind are Mexico's Treasury Secretary Arturo Herrera, left, Mexico's President Andres Manuel Lopez Obrador, second left, Mexico's Labor Secretary Maria Alcade, third left, and The President of the Mexican Senate Ricardo Monreal.
North American Trade Pact: What's in It?
The announcement agreement likely enables congressional approval of Trump’s US-Mexico-Canada Agreement, though pockets of resistance remain.
Dec 10th, 2019
House Speaker Nancy Pelosi of Calif., accompanied by House Congress members, speaks at a news conference to discuss the United States Mexico Canada Agreement (USMCA) trade agreement on Tuesday, Dec. 10 on Capitol Hill in Washington.
North American Trade Pact Agreement Announced
Both House Speaker Nanci Pelosi and President Donald Trump said the new agreement is a significant improvement over NAFTA.
Dec 10th, 2019