Economic News Blog
Metalworking Marketer

Friday, February 13, 2015

2015 Tooling & Workholding Survey and Forecast for Workholding Equipment is $1.3 Billion; Metalcutting Job Shops Plan to Spend the Largest Amount

Plants with greater than 250 employees are the largest segment of this market with projected spending of $342.4 million. Metalcutting job shops plan to spend the largest amount on workholding equipment with projected spending of $444.7 million.
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Monday, February 09, 2015

Despite Falling Oil Prices, Machine Tool Orders Strong in December

The South Central region suffered in December due to steep drop in the price of oil. But, this region and the oil and gas industry makes up a relatively small portion of total machine tool orders.
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Monday, February 09, 2015

Monetary Base Rises Above $4 Trillion Again in January

After the announcement that QE was over, the monetary base for two months. But, in the following two months, the monetary base increased and is back over $4 trillion.
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Wednesday, February 04, 2015

Capital Goods New Orders Contract for Second Month

Capital goods orders contracted month-over-month by more than 6% for the second month in a row.
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Wednesday, February 04, 2015

Consumer Spending Remains Steady

Despite the dramatic surge in disposable income, total consumer spending remained steady in December. It was a different story for durable goods spending though.
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