Retail Sales Jump Counters Recession Fears
Sales increased 0.7% in July, "a reassuring sign for a U.S. economy that’s facing mounting hurdles."
U.S. Trade Policy Fails to Reshore Manufacturing
Several government measures designed in part to bring manufacturing jobs back to the United States are having the opposite effect so far.
U.S. Factory Orders Decline 0.8% in April
“We expect further bumps along the road for manufacturing as a slowing global economy and escalating tariffs on major U.S. trading partners pose headwinds."
Parker Hannifin to Buy LORD for $3.68B
The industrial company said the acquisition would be would be accretive to EBITDA margins, cash flow, and earnings per share.
U.S. Industrial Output Declines 0.6% in January
“It looks like Fed officials were smart to stop their gradual rate hikes as the economy seems to have entered a soft patch,” an economist says.
U.S. Productivity Revised Down to 0.4% for Q1
“Without stronger productivity, achieving the 3% growth rate President Donald Trump has set as a goal becomes more difficult."
Mature Tool Giant Plots Big Growth Push
Stanley Black & Decker has doubled its size multiple times in its CFO's 20 years at the company. Doing it again requires a different, higher-tech approach.
U.S. Core Capital Goods Orders Jump 1.8%
The February gain in orders was a positive sign for business spending after declines in the previous two months.
U.S. Factory Orders Decline 0.1% in October
“These data remain consistent with a solid upswing in manufacturing activity and an acceleration in corporate capital spending."