Agriculture Remains in the Doldrums “Prices for key agricultural products have fallen from their peaks in recent years while input costs have not fallen much. Consequently, many farm operations in the Midwest have had lower revenues and thinner profit margins-and even some losses…. Bob Young, chief economist and deputy executive director, American Farm Bureau Federation, [...]
Overall Economy Grew for 88th Consecutive Month The Institute for Supply Management (ISM) issued its September 2016 Manufacturing ISM Report on Business and reports economic activity in the manufacturing sector expanded in September following a contraction in August and the overall economy grew for the 88th consecutive month. The report was issued by Bradley J. [...]
Manufacturing Economic Activity Expanded for the Fifth Consecutive Month According to the July 2016 Manufacturing ISM Report on Business, manufacturing economic activity expanded in July for the fifth consecutive month while the overall economy grew for the 86th consecutive month. The July PMI registered 52.6 percent, a decrease 0f 0.6 percentage point from the June [...]
Hope you all had a very nice Thanksgiving holiday... The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey Reports Texas Manufacturing Increased Again It reports Texas factory activity increased for the second month in a row in November after exhibiting weakness in the first three quarters. (A glimmer of hope for oil and gas???) [...]
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 [...]
Tomorrow brings the anniversary of D-Day, the invasion of Europe on the beaches of Normandy (6/6/44). I give thanks for our freedom and prayers for those brave men and women who gave there all serving our country with valor during those many dark days. The Institute for Supply Management Report on Business for May 2015 [...]