The increase in real GDP reflected increases in consumer spending, nonresidential fixed investment, and state and local government spending.
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New orders for manufactured durable goods in July were down following four consecutive monthly increases, according to U.S. Census Bureau data.
Association data shows metalformers anticipate a modest improvement in incoming orders, while shipping levels declined further in August.
Manufacturing output rose 0.5% in July, but the growth rates for the previous three months were revised down.
The U.S. Cutting Tool Institute has optimism that tool sales for the remainder of the year will be positive as hiring pressures ease
Interos surveyed 750 companies with annual revenues above $500M from industries including energy, financial services, oil and gas, healthcare, government and aerospace.
New orders of manufacturing technology totaled $411.3M in June, according to the latest U.S. Manufacturing Technology Orders Report.
We examine the latest economic trending data as it pertains to wholesale distributors, including their revenue expectations through next year.
July's PPI increased at a faster pace in July vs. June, with core CPI posting its biggest one-month increase since February.
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, also declined during the month.
Consumer prices increased at a slightly higher pace than in June, while core inflation ticked downward.
The annual sales growth for the 12 months through June 2023 is 6.3% percent, according to HARDI's monthly report.
New orders for manufactured goods in June — up 6 of the past 7 months — increased $13.4 billion or 2.3%.
After re-acquiring HD Supply in 2020, The Home Depot reveals plans for the MRO distributor’s role in expanding market reach.
Year-to-date construction spending through the first half of the year was up 3.0% vs. 2022.
For a second straight month, none of the PMI's 10 subindexes registered monthly expansion.
The official manufacturing purchasing managers’ index (PMI) was 49.3 in July, data from the National Bureau of Statistics showed.
After years of financial trouble and recent labor disrupts, North America’s third largest truck carrier is filing for bankruptcy.
The Conference Board Consumer Confidence Index rose again in July to 117.0, up from 110.1 in June and to the highest level since July 2021.
In the latest Baird-MDM quarterly industrial distribution survey, we asked how manufacturers could make partnerships more efficient. See our analysis and plenty of respondent commentary.
