Optimism among chief executives of large U.S. companies has reached a two-year high, driven by a more positive outlook toward hiring and sales.
Stable consumer-driven spending and a strong forecast for business investment bode well for the manufacturing sector, according to the Manufacturers Alliance for Productivity and Innovation.
At EDS 2014, Dale Ford, vice president of IHS Technology, offered some eye-opening predictions, particularly for the consumer electronics market, in his presentation, “The Big Picture, Ideas, and Opportunities.”
U.S. manufacturing output rose in May after shrinking in April, led by greater production of autos, computers and furniture.
The prices U.S. companies receive for their goods and services fell in May, offering evidence that inflation is mild.
U.S. businesses increased their stockpiles in April by the largest amount in six months, signaling business optimism that future demand will keep rising.
U.S. companies advertised more jobs in April than in any month in six and a half years, a possible harbinger of strong hiring in the months ahead.
The Manufacturers Alliance for Productivity and Innovation (MAPI) Quarterly Economic Forecast predicts that inflation-adjusted gross domestic product will expand 2.5 percent in 2014 and 3.2 percent in 2015. The former is a decrease from 2.8 percent and the latter equal to the 3.2 percent from MAPI’s March 2014 report.
April U.S. manufacturing technology orders totaled $391.53 million according to The Association For Manufacturing Technology (AMT).
China says its export growth accelerated in May but imports dipped in a mixed sign for the world's second-biggest economy.
U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists.
Average effective tax rates (ETR) over the past three years have continued to edge upward for industrial products and automotive sectors, reflecting a modest rebound in the global business climate that is leading to increased profits at many companies.
Revenue at established Walmart stores in the U.S., which accounts for 60 percent of the company's total sales, has declined for five consecutive quarters.
U.S. productivity fell even more than previously thought in the January-March period while labor costs rose at a faster pace.
The U.S. trade deficit jumped to a two-year high in April, as sales of exports declined and imports surged to a record high.
Orders to U.S. factories rose for a third consecutive month in April, pushed higher by a surge in demand for military hardware. But a key category that signals business investment plans fell.
Chinese manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing, a state-sanctioned industry group said Sunday.
The U.S. economy was battered even more than first suspected by the harsh winter, actually shrinking from January through March.
The number of Americans seeking unemployment benefits fell last week to nearly the lowest level in seven years, a sign hiring may be picking up.
U.S. consumers were slightly more confident in the economy in May than in April, partly because of strengthening optimism about future hiring and income gains.
The median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from 2012.
Orders to U.S. factories for long-lasting manufactured goods advanced for a third month in April, but much of the strength came from a big surge in demand for military aircraft.
A gauge designed to predict the economy's future health posted a solid gain in April, further evidence of stronger growth after a severe winter dampened activity.
China's manufacturing contraction eased in May, suggesting the slowdown in the world's second biggest economy is stabilizing.
Unemployment rates fell in nearly all U.S. states last month, and half the states now have rates below 6 percent. The figures are a sign of widespread, if slow, improvement in the nation's job market.