The U.S. central bank signaled that the latest rate hike may not be the last, but is likely nearing the end of aggressive increases.
Latest In Research & Analytics
The index for industrial production remained unchanged in February after increasing 0.3% in January.
There was an unexpected drop in producer prices in February, and January's price rise was not as large as initially anticipated.
Overall construction input prices are 2.6% higher than a year ago, reports Associated Builders and Contractors.
Manufacturers’ and trade inventories for January 2023 were down 0.1% from December 2022 — but up 11.1% from January 2022.
Backlog continues to hover around highs not seen since the beginning of the COVID-19 pandemic.
Over the past 12 months, the all-items index has increased 6% before seasonal adjustment, according to the Bureau of Labor Statistics.
The figure is significantly above the 6.6% increase in overall nonresidential spending, according to firm Marcum LLP.
The Association For Manufacturing Technology says that may actually be a good thing. Here’s why.
Mike Hockett breaks down the latest U.S. Census Bureau’s wholesale trade data, covering revenue expectations and trends, inventory and more.
The layoffs came as the overall U.S. economy gained 311,000 jobs in February.
The New York Federal Reserve's monthly Global Supply Chain Pressure Index fell to a negative mark in February for the first time since August 2019.
Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
The well-regarded barometer of U.S. manufacturing rose for the first time since August, but remains in contraction territory for the fourth straight month.
Spending, however, was down on a monthly basis in seven of the 16 nonresidential subcategories, according to an ABC analysis.
Members' sales growth for the 12 months through January 2023 was 18.1% percent, according to a HARDI news release.
A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
Driven by a sizable decrease in transportation equipment, it followed a strong 5.1% increase in December.
Year-to-year food prices abated to 11.6%, which is historically high but also the lowest annual increase since October 2021.
December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
