Economic News Blog

Thursday, March 26, 2020

January Cutting Tool Orders Second Most Since August

January cutting tool orders were $196.5 million, which were down 9.8% compared with one year ago.
Read more ...

Tuesday, March 24, 2020

Monetary Base Growth Accelerates for Third Month in February

A growing money supply tends to correlate with increases in capital equipment consumption.
Read more ...

Monday, March 23, 2020

Manufacturers Adjusting in Third Week of Coronavirus Survey

In the third week of the of the COVID-19 survey, manufacturers started making more significant adjustments to contingency plans, budgets/spending, and staffing/hiring. However, production and capacity were relatively unchanged.
Read more ...

Friday, March 20, 2020

Machine Tool Orders Slide in January

January’s unit orders were the lowest since January 2017. Orders for the month contracted 30.3% compared with year ago.
Read more ...

Thursday, March 19, 2020

Capacity Utilization Contracting at a Slower Rate

The month-over-month rate of contraction in durable goods capacity utilization slowed for the fourth month, which is a positive sign for manufacturers.
Read more ...

« Prev | | Next »