Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of May total 3,950,000 net ...
Tags: Metallurgy, Mineral, Energy, Steel, finished steel
The U.S. economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and along with it, signs that the chill was just a temporary ...
U.S. factory output slid last month after two months of strong growth. Manufacturers produced less furniture, machinery, and plastics. The Federal Reserve says that factory production in April dropped 0.4 percent from the previous month ...
Tags: Factory Output
The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. ...
Tags: economy, U.S.Economy
U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products. The ...
Tags: U.S.Factory, Solid Gains
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of March total 3,485,000 ...
Tags: Steel, Metallurgy, Mineral
The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger ...
Tags: U.S.economy, BMO Capital Markets
Wholesale inventories rose 0.6% in January but sales declined, the Commerce Department reported March 11. Sales declined 1.9% in January, the largest drop since March 2009 when the economy was in recession. The rise in inventories ...
This Editorial appears in the March 10 print edition of Transport Topics. Click here to subscribe today. Signs are increasing that the nation's economic health is steadily improving. It's not a barnburner, and there is still some ...
Tags: Transportation, Truck
The U.S. trade deficit was little changed in January as imports and exports grew, the Commerce Department reported March 7. The gap between imports and exports rose 0.3% to $39.1 billion, from $39 billion in December. The trade deficit ...
Tags: Trade Deficit, Economy
Factory orders declined 0.7% in January, the Commerce Department reported March 6. The decline followed a revised 2% decline in December that was larger than initially reported. Durable goods orders dropped 1% in January. Orders for ...
Tags: Transportation
Americans spent more in January, but the increase came from a surgeA transient variation in the current and/or potential at a point in the circuit. in spending on heating bills during the harsh winter. Spending in areas such as autos and ...
Tags: Energy Costs, durable goods
Orders for durable goods declined in January, the Commerce Department reported. Orders for products meant to last more than three years fell 1%, which followed a 5.3% decline in December. The smaller decline from January to December ...
Tags: durable goods, Transportation, Transport
The U.S. economy increased at a revised 2.4% annual rate in the fourth quarter, down from an originally reported 3.2% gross domestic product figure, the Commerce Department reported. The reading was lower than economists' median forecast ...
Tags: Transportation
Washington – Sales at CE and appliance retailers fell 4.7 percent to $8.1 billion in January as severe winter weather compounded soft demand. According to the U.S. Commerce Department’s monthly sales projections, total U.S. ...