Economy

Leading Economic Index® (LEI) for the U.S. Declined Slightly

The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.2 percent in July to 123.3 (2010 = 100), following a 0.6 percent increase in June, and a 0.6 percent increase in May. “The U.S. LEI fell slightly in July, after four months of strong gains. Despite a…


U.S. Manufacturing Activity Expands in July

Economic activity in the manufacturing sector expanded in July for the 31st consecutive month, and the overall economy grew for the 74th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. “The July PMI® registered 52.7 percent, a decrease of 0.8…



New Survey Shows Frustration Among Manufacturers

The National Association of Manufacturers (NAM) released its updated Manufacturers’ Outlook Survey on Wednesday revealing an expected slowdown in exports, sharply highlighting the need for pro-growth policies like Trade Promotion Authority (TPA) and a long-term reauthorization of the Export-Import (Ex-Im) Bank.  NAM Chief Economist Chad Moutray also unveiled…


NAM Calls for Reauthorization of Export-Import Bank

In a letter coordinated by the National Association of Manufacturers and the U.S. Chamber of Commerce, more than 1,000 companies and associations representing businesses, manufacturers and their employees from all 50 states, today urged Congress for quick action on a long-term reauthorization of the U.S. Export-Import (Ex-Im)…


New Orders, Production, Employment and Inventories Growing

Economic activity in the manufacturing sector expanded in May for the 29th consecutive month, and the overall economy grew for the 72nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM,…


New Orders, Production, Employment and Inventories Growing

Economic activity in the manufacturing sector expanded in May for the 29th consecutive month, and the overall economy grew for the 72nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM,…


Michelin Development Celebrates 100th Loan To Small Businesses

Michelin Development–a subsidiary of Michelin North America, Inc. that provides business loans to upstart businesses in many of the communities the tire company operates–today approved another loan to a small but growing South Carolina transportation company that now needs one more driver and truck to keep ahead…


North Carolina Manufacturers Added Jobs in 2014

Manufacturing employment increased in North Carolina for a third straight year, reports the 2015 North Carolina Manufacturers Register ®, an industrial database and directory published by Manufacturers’ News, Inc. (MNI) Evanston, IL. According to data collected by MNI, North Carolina manufacturers added 3,734 jobs from January 2014…


South Carolina Manufacturers Add Jobs for Third Straight Year, Outpacing Nation’s Gains

For a third straight year, South Carolina posted a gain in manufacturing employment, reports the 2015 South Carolina Manufacturers Directory®, a manufacturers database and directory published by Manufacturers’ News, Inc. (MNI). According to data collected by MNI, South Carolina manufacturers added 5,848 jobs, or 2.2%, from September…