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Feb 9th, 2018
Mike Hockett
More in Economy
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.
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January Wholesale Prices Jump 1.3%
The gain was led by health care and energy prices.
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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.
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US Salaries Recover Even as Jobs Haven't
This underscores how disproportionately job losses have afflicted workers in lower-income occupations.
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Biden Hopes Infrastructure Can Bridge Partisan Divide
Both the Obama and Trump administrations famously promised to invest in infrastructure, only never fully to deliver.
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Pandemic Revenue Index Jumps to Double-Digit Growth
Feb. 1-5 was one of the best non-holiday-impacted weeks since the PRI started nearly a year ago.
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Biden Treads Carefully Around Trump's Combative Trade Policy
Biden’s team has promised a platform that will support U.S. workers.
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A Business Case for the Circular Economy
Besides reducing their strain on the environment, there are some major business benefits for manufacturing companies taking a circular approach.
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Metal Cutting Machinery Orders Ended 2020 on Strong Note
December US orders surged 40 percent from November, cutting the year-to-date deficit to less than 15 percent compared to 2019.