Economy

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Economy
Manufacturing Technology Orders See Strongest January in Three Years
Orders were up nearly 6% compared to the first month of 2024.
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Economy
Cutting Tool Orders Down Nearly 10% in November
Year-to-date orders were down slightly heading into the final month of the year.
January 22, 2025
Auto mechanics at Express Auto Service Inc., Chicago, Sept. 19, 2024.
Economy
Federal Reserve's Preferred Inflation Gauge Shows Price Pressures Eased Last Month
Incomes also rose faster than prices, the report found.
December 26, 2024
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Economy
NetPlus Distributors Expect Strong Finish to 2024
About two-thirds of respondents expect to report full-year growth.
December 19, 2024
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Economy
Metalformers End the Year with Optimism, Although Shipping Levels Fall
More manufacturers predicted an increase in economic activity in early 2025.
December 19, 2024
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Economy
Metalformers’ Outlook Slightly Improves; Shipping Levels Trend Upward
Hiring and staffing trends, however, were down slightly compared to the previous month.
November 26, 2024
Top Headlines
Federal Reserve Chair Jerome Powell during a news conference at the Federal Reserve in Washington, March 19, 2025, .
Fed Sees Tariffs Raising Inflation This Year, Keeps Key Rate Unchanged
March 19, 2025
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January U.S. Cutting Tool Orders Hit $199.9M
March 19, 2025
Federal Reserve Chair Jerome Powell at the annual U.S. Monetary Policy Forum, New York, March 7, 2025.
The Fed Could Still Cut Interest Rates This Year — but for 'Bad' Reasons
March 19, 2025
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Trump Names Bowman as Top Federal Reserve Bank Regulator
March 19, 2025
Federal Reserve Chair Jerome Powell speaks during the annual U.S. Monetary Policy Forum, New York, March 7, 2025.
'Stagflation' Risk Puts Federal Reserve in Tricky Spot
March 18, 2025
A construction crew works at a site in San Bruno, Calif., March 12, 2025.
Whipsawed by Trump's Tariffs, the Public Is Getting More Nervous About the Economy
March 14, 2025
Shoppers in a Costco warehouse, Jan. 23, 2025, Sheridan, Colo.
February Wholesale Prices Unchanged, Showing Inflation Easing
March 13, 2025
The seal of the Board of Governors of the United States Federal Reserve System at the Marriner S. Eccles Federal Reserve Board Building, Washington, Feb. 5, 2018.
What's a Recession, and Why Is Rising Anxiety About It Roiling Markets?
March 13, 2025
A woman looks at products in the aisle of a store in Waco, Texas, Dec. 14, 2010.
U.S. Inflation Cooled Last Month, Though Trade War Threatens to Lift Prices
March 12, 2025
Federal Reserve Chair Jerome Powell addresses the annual U.S. Monetary Policy Forum, New York, March 7, 2025.
Fed Chair Says Interest Rates on Hold with Economic Uncertainty Widespread
March 10, 2025
Commerce Secretary Howard Lutnick speaks with reporters at the Capitol in Washington, March 4, 2025.
Trump Changes Course and Delays Some Tariffs on Mexico and Canada
March 6, 2025
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ISM's February Manufacturing PMI at 50.3%
March 4, 2025
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March 21, 2025
A consumer places eggs in a shopping cart in a Costco warehouse, Feb. 18, 2025, Sheridan, Colo.
Economy
Second Estimate Confirms U.S. Economic Growth of 2.3% in Q4
For all of last year, the economy grew 2.8%, compared with 2.9% in 2023.
February 28, 2025
Customers wait in line for eggs at a Costco store in the Van Nuys section of Los Angeles, Feb. 19, 2025.
Economy
Tariff Threats and Uncertainty Could Weigh on Consumers, Drag Down Economy
New data showed that U.S. consumers slashed their spending by the most in four years.
February 28, 2025
Jamieson Greer, President Donald Trump's nominee to be United States Trade Representative, with the rank of Ambassador, appears before the Senate Committee on Finance for his pending confirmation on Capitol Hill, Feb. 6, 2025, in Washington.
Economy
Senate Confirms Jamieson Greer to Be Trump's Top Trade Negotiator as Battles Loom
Greer is a veteran of President Trump's first-term economic battles with China, Mexico and Canada.
February 26, 2025
A person walks by a grocery store during a winter storm in Chicago, Feb. 12, 2025.
Economy
Small Business Owners Feel More Uncertain About the Future
The nation's small businesses continue to deal with labor challenges and lingering inflation.
February 26, 2025
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Economy
Metalformer Optimism Eases After Several Months of Growth
Average daily shipping levels spiked in February.
February 25, 2025
A Costco warehouse in Sheridan, Colo., Jan. 23, 2025.
Economy
U.S. Consumer Confidence Plummets
The seven-point drop was the biggest month-to-month decline since 2021.
February 25, 2025
Federal Reserve Bank of Chicago, May 2019.
Economy
Fed Official: Need ‘Dust to Clear’ Before Deciding Next Moves
If tariffs don’t worsen inflation, rate cuts could resume.
February 17, 2025
President Trump listens to a question from a reporter as Commerce Secretary nominee Howard Lutnick in the Oval Office, Feb. 13, 2025.
Economy
Trump's Reciprocal Tariffs Will Overturn Decades of Trade Policy
They are likely to create chaos for global businesses — and conflict with both adversaries and allies.
February 17, 2025
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Economy
U.S. Cutting Tool Orders Fall in 2024
December's orders were off by 4.3%.
February 14, 2025
Shoppers guide their carts through the milk display in a Costco warehouse Thursday, Jan. 23, 2025, in Sheridan, Colo.
Economy
December Wholesale Prices Up 0.4% as Fight Against Inflation Appears to Have Stalled
Wholesale prices can offer an early look at where consumer inflation might be headed.
February 13, 2025
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Economy
Manufacturing Technology Orders Fall for Third Straight Year
December's orders were up to the highest level since early last year.
February 13, 2025
An empty shelf of free range eggs is seen at a Safeway, Monday, Jan. 27, 2025, in Seattle.
Economy
U.S. Inflation Worsened Last Month
The consumer price index increased 3% in January from a year ago.
February 12, 2025
Federal Reserve Chair Jerome Powell speaks to the Senate Banking Committee on Capitol Hill, Feb. 11, 2025.
Economy
Fed Chair Says Bank Accounts 'Safe' Despite Teardown of Consumer Protection Agency
He also received little scrutiny from senators about the Fed's interest-rate policy.
February 11, 2025
In this May 9, 2019, file photo, steel rods produced at the Gerdau Ameristeel mill in St. Paul, Minn., await shipment.
Economy
Trump Tariffs Rattle Small Business Owners Already Dealing with Tight Margins
"These tariffs are going to make everything we do considerably more expensive."
February 11, 2025