Spring is here, but cooler temperatures and rainy weather seem to have slowed down normal seasonal trends. “Slight growth” is probably the best way to describe the growth for U.S. manufacturers in April. The upside is that the overall US…
Category: International News
What’s Your Plan?
In the years heading into “the Great Recession, a major concern for businesses was the coming brain drain, which would be caused by Boomers retiring in droves from the workplace, and taking with them their vast technical skills, historical knowledge,…
Finance fueling rise of U.S. billionaires
The finance sector is fueling the rise of U.S. billionaires, according to a new study. Findings from a study conducted by researchers at the Peterson Institute for International Economics showed that more than 40 percent of the growth in billionaires…
US Manufacturing Showed Signs of Rebounding in February
After reporting some contraction over the last five months, US manufacturing activity in February showed signs of a bounce back in the most recent ISM Manufacturing index. “Brad Holcomb, chair of the ISM Manufacturing Survey Business Committee, said in an…
GE opens access to Industrial Internet
GE announced that it opened Predix, a massive software platform for industrial use, to all developers and companies worldwide.
Unemployment Sneaks Down To 4.9%
While global economic fluctuations sent the stock market on a wild ride in January, the US unemployment rate dropped another 0.1% to 4.9%, which is its lowest level since February 2008. Economists are projecting some more wage and inflation pressure…
Cheap Gas Moves Cars
Cheap oil continues to help and hurt US manufacturing. The automotive industry led manufacturing losses during the recession but has been an area of strength and growth for US manufacturing in the last few years. Sales of cars and light…
Manufacturing A Bit Sluggish In November
Reports are showing that the overall US economy grew for the 78th consecutive month, but US manufacturing has slowed a bit during the last couple of months. The recent ISM manufacturing index said that manufacturing numbers contracted in November for…
US Down To 5% Unemployment
Manufacturing has been flat the last couple of months, but the overall economy seems to be doing well. We are now at 5% unemployment which is considered the threshold for full employment by the Fed and many private economists. This…
Self-employment on the decline in the U.S.
While the U.S. has always been a nation of entrepreneurs, but the number of Americans choosing to work for themselves has been steadily declining in recent history.