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Economy
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.
Featured
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U.S. Infrastructure Gets C- Grade
The American Society of Civil Engineers sees a $2.6T gap in infrastructure spending.
Economy
US Manufacturing Accelerates in February, Backlog Grows
It was the strongest performance since February 2018.
Top Headlines
Productivity Declines Most in Nearly 40 Years
Distributor Pandemic Index Posts Major Rebound
Beyond Virus Relief, Biden Team Prepares Wider Economic Package
January US Construction Spending Up 1.7%
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China Manufacturing Weakens for Third Month
The economic outlook and renewed disease outbreaks abroad that have prompted governments to reimpose business and travel curbs.
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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.
Home
Durable Goods Orders Climb 3.4% in January
The total was pulled up by a nearly 400% increase in civilian aircraft and parts.
Economy
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.
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Biden to Boost Pandemic Lending to Smallest Businesses
Only businesses with fewer than 20 employees can apply for the forgivable loans.
Economy
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.
Economy
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.
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Is the $15 Minimum Wage a Job Boon or Bust?
The U.S. lags other developed countries in the size of its minimum wage.
Home
January Wholesale Prices Jump 1.3%
The gain was led by health care and energy prices.
Home
US Industrial Production Climbs 0.9% in January
Manufacturing rose 1% even though auto production was held down by a shortage of semiconductors.
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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.
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Bitcoin Unit Cost Hits $50,000 for First Time
The same Bitcoin just one year ago would have cost you $10,000.