Economic Driving Industries Down

Automotive, Mining, Energy & Agriculture - Economic Driving Industries Down The Federal Reserve Bank of Richmond Fifth District Survey of Manufacturing Activity manufacturing activity slowed in September. Order backlogs and new orders decreased while shipments declined…manufacturers anticipated improved business conditions during the next six months. Producers expected faster growth in shipments and in the volume [...]

2015-09-28T13:44:30-04:00A View|

Short-Term Interest Rates Unchanged

The Federal Reserve, on Thursday, left short-term interest rates unchanged. The Conference Board Leading Economic Index The US Leading Economic Index (LEI) for the US increased 0.1 percent following no change in July and a 0.6 percent June increase.” The US LEI suggests economic growth will remain moderate into the New Year, with little reason [...]

2015-09-18T12:07:21-04:00A View|

Manufacturers Should Brace for Stepped-up Competition

American Metal Market 9/11/15: Brace for Stepped-up Competition US manufacturers should brace for stepped –up competition from foreign companies because the country has become the top target for global manufacturing investments, according to a report from consulting firm McGladrey, LLP.” International companies are turning to the US as a safe haven for setting up manufacturing [...]

2015-09-11T15:20:44-04:00A View|

Overall Economy Grew for 75th Consecutive Month

The Institute for Supply Management August 2015 Manufacturing Report on Business: Economy Grew Economic activity in the manufacturing sector expanded in August for the 32nd consecutive month and the overall economy grew for the 75th consecutive month, say the nations supply executives in the latest report. Issued by Bradley J. Holcomb, CPSM, CPSD, Chair of [...]

2015-09-05T09:47:40-04:00A View|
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