Economy | Industrial Distribution

I Stock 1144171211 1 5eb9784641435 5ffc71159958f

March Metalworking Machinery Orders Accelerate 16% From February

Orders surged nearly 42 percent year-over-year compared to a downtrodden March 2020.

Fastenersdfasdf

Fastener Distributor Index Slows Considerably in April; Outlook Remains High

Sales eased from sky-high levels in March to still strong performance last month, while supply chain and freight concerns persist.

In this March 22 photo, a construction worker is reflected in a wall mirror at Polar Park, Worcester Red Sox's Triple-A baseball stadium, in Worcester, Mass., where preparations are ongoing for the club's opening day in May.

March US Construction Spending Up Less Than Expected

It was far below the strong jump economists expected, though year-to-date spending is still up a healthy clip from a year earlier.

Cutting Tool Asdf 5ec2999e87a94

Cutting Tool Orders Continue Slow Recovery Through Early 2021

Job seekers outside the New Hampshire Works employment security job center in Manchester, May 10, 2021.

U.S. Job Openings Soar to Highest Level on Record

In this file photo, a woman, wearing a protective mask due to the COVID-19 virus outbreak, walks past the signs of an employment agency, in Manchester, NH.

Why U.S. Hiring Slowed

In this April 8, 2021 file photo, a container port on the Yangtze River is seen in an aerial view in Nantong in eastern China's Jiangsu province.

China Trade Surges as Global Demand Recovers

4 CFOs Who Are Doing it Right

4 CFOs Who Are Doing it Right

Successful CFOs don't have super powers, just powerful new tools, like self-driving software and blockchain. This white paper discusses the new tools and provides four CFOs who are using them to their fullest potential.

Crew members stand on the bow as the CMA CGM Argentina arrives at PortMiami, the largest container ship to call at a Florida port.

US Trade Deficit Sets Record in March

An improving economy drove purchases of imported foreign goods.

A videographer captures a CNC (computer numerical control) machine at work before a ribbon-cutting ceremony to mark the opening of a Nanotronics manufacturing center at the Brooklyn Navy Yard on April 28 in the Brooklyn borough of New York.

Supply Chain Issues Slow April U.S. Manufacturing Growth

ISM's April manufacturing PMI fell four percentage points from March.

Workers put together electronic gears at a factory in Zhangye in northwestern China's Gansu Province on April 17, 2021. Two surveys show Chinese manufacturing expanded in April but growth appeared to be slowing after a rebound from the coronavirus pandemic.

China Manufacturing Growth May Be Slowing

Two surveys show manufacturing is still expanding but at a slower pace.

People wait in line, resumes in hand, while waiting to apply for jobs during an outdoor hiring event for the Circa resort and casino on April 27 in Las Vegas.

US Economy Grew at Brisk 6.4% Rate in Q1

Growth in the current April-June period is expected to be faster still, potentially reaching a 10% annual pace or more.

Boxes of Kleenex tissues in a pharmacy in New York, April 19, 2021.

Companies Sound Alarm Over Commodity Price Hikes

A wide range of everyday products is about to get more expensive.

U.S. consumer confidence rose sharply for a second straight month in April, hitting the highest level in more than a year.

U.S. Consumer Confidence Back to Pre-Pandemic Levels

The index advanced to its strongest reading since February 2020, right before the COVID-19 pandemic struck in the United States.

In this Oct. 29, 2020 photo, worker Javad Memarzadeh of Needham, MA dusts washers on a display at a Home Depot location in Boston.

March Durable Goods Orders Rebound 0.5%

It was the tenth gain in the past 11 months and followed a 0.9% decline in February.

Chinese Vice Minister of Foreign Affairs Le Yucheng speaks during an interview with the Associated Press at the Ministry of Foreign Affairs in Beijing, Friday, April 16, 2021. Le spoke to AP on a wide range of issues during an interview on Friday including climate change and US-China relations.

Beijing: US 'Too Negative' Toward China

A top diplomat says cooperation could be critically important in combatting COVID-19 and promoting economic recovery.

Ford Motor Co. line workers put together ventilators at the Ford Rawsonville plant, Ypsilanti Township, Mich., May 13, 2020.

US Industrial Production Rises 1.4% as Weather Warms

Output climbed at factories and mines while utilities saw a record plunge.

Beige Ap21104692223961

Fed Survey: Stimulus, Vaccines Helping Economy Rebound

The beige book report said that manufacturing activity continued to expand, with half of Fed districts reporting robust manufacturing growth.

I Stock 601027182 5f0c6a7634841

February Metalworking Machinery Orders Surge 34% From a Year Earlier

AMT said there was a surprising uptick in February orders from the oil and gas industry despite the weather-related turmoil.