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US Drops Tariffs on Steel and Aluminum Imports

US Drops Tariffs on Steel and Aluminum Imports US drops tariffs on steel and aluminum imports, according to a US Department of Commerce announcement on October 31. It will drop tariffs on steel and aluminum imported from the E.U. and replace them with a quota system to allow for some duty-free tax imports. In exchange, [...]

2021-12-03T13:50:23-05:00A View|

US LEI Rose Again in September

US LEI Rose Again in September The US LEI rose again in September, though at a slower rate, suggesting the economy remains on a more moderate growth trajectory compared to the first half of the year,” said Ataman Ozyildirim, Senior Director of Economic Research at the Conference Board. The Conference Board Leading Economic Index (LEI) [...]

2021-12-03T13:17:08-05:00A View|

The Annual Inflation Rate Climbed to a 13-Year High

The Annual Inflation Rate Climbed to a 13-Year High The annual inflation rate climbed to a 13-year high of 5.4 percent in September, higher than the estimate, according to the Bureau of Labor Statistics (BLS). Everything is costing more of your hard-earned money. I do not believe it will abate any time soon, hopefully it [...]

2021-12-03T12:49:43-05:00A View|

Small Business Confidence Rose 0.4 Points

Small Business Confidence Rose 0.4 Points Small business confidence rose 0.4 points in August as five of the ten components of the National Federation of Independent Business (NFIB) Optimism Index improved during the month. Empire State Manufacturing Grew at a Swift Pace September 2021 The Federal Reserve Bank of New York released its Empire State [...]

2021-10-04T08:06:35-04:00A View|

New Orders Increased in New York State in August

New Orders Increased in New York State in August New orders increased and shipments grew slightly, according to the Federal Reserve Bank of New York Empire State Manufacturing Survey for August. It reports business activity continued to expand in New York state, according to firms responding to the survey, though growth was slower than last [...]

2021-08-23T15:08:05-04:00A View|
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