Government, Business, Technology, Equipment

South Accounts for Lion’s Share of Factory Construction Boom

States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.

Alex Tanzi | Bloomberg News
June 3, 2024
Government, Business

Unemployment Rates Up From 2023 in 78% of US Metro Areas

Unemployment rates were higher in more than three-quarters of metropolitan areas in the U.S. last month compared with a year ago.

Alex Tanzi | Bloomberg News
May 29, 2024
Government, Business, Technology

Fifty Years in Idle Time Seen for Trucks at Two Major US Ports

Trucking trips originating around the country’s busiest ports are showing massive increases in idle time, another sign of the supply chain logjams plaguing American transport hubs.

Alex Tanzi | Bloomberg News
November 3, 2021
Government, Business

US June Manufacturing Index at Record High, Services Dip

A measure of U.S. manufacturing activity expanded in June at the fastest pace in records dating back to 2007, fueled by easing pandemic restrictions and a strengthening domestic economy.

Alex Tanzi | Bloomberg News
June 23, 2021
Business

Job Seekers Get Multiple Offers in Tight Labor Market

A greater share of America’s job hunters received more than one employment option this summer than got single offers, indicating lingering tightness in the labor market and upbeat firms despite recent recession concerns.

Alex Tanzi | Bloomberg News
September 27, 2019
Business

Business Expectations Index Drops to Record Low

A gauge of service industries’ business expectations fell in August to the lowest level since the survey started in October 2009, according to the IHS Markit monthly report.

Alex Tanzi | Bloomberg News
September 5, 2019
Government, Business

Federal Reserve Finds Wide Tariff Anxiety

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.

Alex Tanzi | Bloomberg News
September 5, 2019
Business

Online Stores Grab No. 2 Spot in $520 Billion US Retail Market

Online shopping has become the second-biggest chunk of the $520 billion U.S. retail market, after overtaking grocery stores and restaurants in June.

Alex Tanzi | Bloomberg News
July 16, 2019
Government, Business

Factory Index Falls to Nine-Year Low

A gauge of U.S. factories fell in June to the lowest since late 2009 and hovered just above the threshold between expansion and contraction, the latest signal that the American industrial sector is losing momentum amid rising uncertainty.

Alex Tanzi | Bloomberg News
June 21, 2019
Government, Business

Top Inflation Hot Spots Clustered in California

The Bureau of Labor Statistics reported the national Consumer Price Index for all urban consumers rose 1.8% in May compared with last year, the lowest rate in three months. But the national average masks a wide divergence among metro areas.

Alex Tanzi | Bloomberg News
June 12, 2019