Manufacturing growth began 2013 on a strong note in January, according to the January Manufacturing report on Business from the Institute for Supply Management (ISM). The PMI, the index used by the ISM to measure manufacturing activity, ...
Tags: Manufacturing growth, 2013, strong note
Following disappointing jobs report and the news earlier this week that US fragile economic recovery has come to a virtual halt, it is imperative that the White House and Congress immediately make economic growth and job creation their top ...
Tags: retail jobs, NRF, Textile Industry
Business conditions at architecture firms continue to improve, according to the latest Architecture Billings Index (ABI). The American Institute of Architects (AIA) reported the December ABI score was 52.0, down from the mark of 53.2 in ...
Business conditions at architecture firms continue to improve. As a leading economic indicator of construction activity, the Architecture Billings Index (ABI) reflects the approximate nine to twelve month lag time between architecture ...
The American Institute of Architects (AIA) said Wednesday that the December Architecture Billings Index (ABI) score was 52, down from 53.2 in November, but still positive as 50 indicates an increase in billings. As a leading economic ...
Tags: Architecture Billings, ABI, Architects
The National Retail Federation urged the House to approve legislation that would put the federal debt ceiling on hold until mid-May. “This move will give Congress the time it needs to deal with the debt ceiling in a thoughtful and ...
Tags: NRF, US Govt, fiscal policy
The Architectural Billings Index (ABI), which reflects the approximate nine- to twelve- month lag time between architectural billings and construction spending, was 52.0 for the month of December, down from 53.2 in November. The score ...
Confidence in the U.S. construction market was down for the second half of 2012, according to the latest report from the Associated Builders and Contractors (ABC). ABC’s Construction Confidence Index (CCI) looks at three aspects of ...
Tags: Confidence, U.S.construction market, 2012, CCI
In his Tuesday keynote address, Steve Forbes, chairman and editor-in-chief of Forbes Media, called for removal of long-term structural blockages on U.S. economic recovery, while noting that Republican leaders in Congress are wise in taking ...
Tags: Forbes, economic recovery, flat tax
The Australian dollar barely moved in sleepy Asian trading yesterday but the outlook for the currency remained upbeat, with one major domestic bank sharply lifting its forecast for the currency this year. "It's very, very quiet," Rochford ...
Tags: Dollar, currency, Australian dollar
The Australian dollar has closed flat after a quiet domestic session, with investors focused on the upcoming release of local and overseas economic data. At 5pm AEDT today, the local currency was at 105.53 US cents, little changed from ...
Tags: Australian dollar, economic data, currency
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
The US Treasury and Federal Reserve said they won't pursue a plan to mint a trillion dollar coin as a device to avoid the debt ceiling. "Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used ...
Tags: US, debt ceiling, US economy, debt limit
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
The sharemarket ended its winning streak yesterday on concerns that stimulus measures in the US may be scaled back sooner than expected. The minutes of the Federal Reserve's policy meeting of last month showed disagreement among members ...
Tags: sharemarket, stimulus measures, US, Federal Reserve