Video: Harvey's Impact on Houston-Area Product Sourcing

ThomasNet's weekly Thomas Index Report looks at how hurricane Harvey impacted sourcing trends in and around the Houston, TX area.

Sep 14th, 2017

ThomasNet's weekly Thomas Index Report looks at how hurricane Harvey impacted sourcing trends in and around the Houston, TX area.

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In this Feb. 20 photo, a worker sits at a production line at a microelectronics factory in Nantong in eastern China's Jiangsu Province. China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.

China Suspends More Penalties on US Goods

Goods affected by the latest reduction include industrial components and medical and factory equipment.

In this Feb. 12 file photo, Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington.

Fed Seems Inclined to Keep Rates Low

Federal Reserve officials noted the risk posed by China's virus outbreak.

In this Jan. 29, 2020 file photo, Tony Bonczewski repairs a heel on a customer's shoe at his cobbler shop in Wilkes-Barre, PA. Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest.

Small Businesses Getting Upbeat Economy News

January's economic reports showed that more consumers are working, which is a good omen for higher retail sales in the coming months.

In this Dec. 16, 2019 file photo, a Boeing worker walks past a 737 model fuselage and a giant mural of a jet on the side of the manufacturing building behind in Renton, WA.

Hurt by Boeing, US Factory Output Slips 0.1%

US manufacturing has shown signs of recovering from a year-long downturn but is facing a fresh challenge from Boeing's troubles.

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401(k)s Hit Record

Surging global markets and workers' better savings habits both played a big role.

A traveler stands on a bridge near a display showing government propaganda in the fight against the COVID-19 viral illness in Beijing, China Thursday, Feb. 13, 2020. China is struggling to restart its economy after the annual Lunar New Year holiday was extended to try to keep people home and contain novel coronavirus. Traffic remained light in Beijing, and many people were still working at home.

Virus Blamed for Forecast Fall in Oil

The International Energy Agency said that the consequences of the outbreak for oil demand “will be significant.”

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Major Rebound in Jan. Fastener Distributor Index

One month after sinking to the lowest reading in its 9-year history, the FDI jumped back into expansion territory last month.

The chamber of the House of Representatives is seen at the Capitol in Washington on Monday, Feb. 3 as it is prepared for President Donald Trump to give his State of the Union address Tuesday night.

Trump's Economy: Solid & Steady, But Vulnerable

Ahead of Trump's Tuesday night's State of the Union address, the economy has proved solid and durable, yet hasn't fulfilled many of his promises.

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Market for Small Businesses Rebounds

Besides tariffs, small business sales have also been affected by rising minimum wages and uncertainty about the November elections.

In this Dec. 3, 2019 file photo, workers erect a building under construction in Philadelphia. Spending on US construction projects edged down a slight 0.2% in December 2019, closing out a year when total construction registered its first annual decline in eight years.

Dec. US Construction Spending Dips 0.2%

It was the first monthly drop since June, while total 2019 spending was a setback.