The numbers: The U.S. employment cost index rose 1.2% in the third quarter, down slightly from a 1.3% gain in the April-June quarter, the Labor Department said Friday. MarketWatch Over Read more
Tag: Machinery/Industrial Goods
U.S. durable-goods orders rise in September but momentum is fading leading to talk of recession
The numbers: Orders at U.S. factories for long-lasting goods rose 0.4% in September, the Commerce Department said Thursday. It was the sixth increase in the last seven months and was Read more
Durable-goods orders jump in September led by aircraft orders
The numbers: Orders at U.S. factories for long-lasting goods rose 0.4% in September. It was the sixth increase in the last seven months and was fueled by strong orders for Read more
Why the rout for big tech companies may just be getting started
Wall Street isn’t looking at a too-terrible day ahead, when you strip out tech that is. Late Wednesday was another cold, wet blanket for investors as Facebook parent Meta Platforms Read more
Opinion: A revival in innovative manufacturing is playing a key role in supply chains across America
The country is less famous for manufacturing these days, but here’s what some may not know: We still make things — a lot of them. And what’s leading the way? Read more
China’s Xi may have all the power in the world but he still can’t implement a property tax
China’s top leader Xi Jinping may have amassed unlimited political power but there is a disconnect because he seems unable to use the political might to solve the major economic Read more
Flash PMI data show U.S. economic downturn ‘gathering significant momentum’ in October, says S&P Global
The numbers: The S&P Global U.S. manufacturing sector rose slightly to 50.7 in October from 50.6 in the prior month, based on a “flash” survey. The flash U.S. services sector Read more
Flash PMI data show U.S. economic downturn ‘gathering significant momentum’ in October, says S&P Global
The numbers: The S&P Global U.S. manufacturing sector rose slightly to 50.7 in October from 50.6 in the prior month, based on a “flash” survey. The flash U.S. services sector Read more
Inaugural Honeywell survey reveals strong corporate efforts to cut energy waste
Companies are setting aside more budget for energy and environmental sustainability as investors, consumers and boards will only increase their expectations for these efforts. That’s just one of the findings Read more
Philadelphia Fed’s manufacturing gauge remains weak in October
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below Read more