GDP roars to 6.4 percent in first quarter of 2021
GDP roars to 6.4 percent in first quarter of 2021 BY NIV ELIS – 04/29/21 08:38 AM EDT The economy grew at an annualized rate of 6.4 percent in the first quarter of 2021, according to Commerce Department data released Thursday. The...
Read moreGlobal Steel Demand Recovering in 2021
Global Steel Demand Recovering in 2021 The World Steel Assn. forecasts steel demand growing by 5.8% to 1.87 billion metric tons this year, after a slight decrease in 2020, with an automotive sector rebound among the leading factors. APR...
Read moreOEMs Best Expect More Shortages
With China Policy in Tatters, OEMs Best Expect More Shortages It’s not just semiconductors; the US is at least a generation away from any kind of self-sufficiency in too many important areas. Paul Ericksen Eamon McKinney APR 14, 2021...
Read moreUS jobless claims plunge to 576,000, lowest since pandemic
US jobless claims plunge to 576,000, lowest since pandemic Elyse Russo APR 15, 2021 / 08:02 AM CDT The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that...
Read moreIndustrial Production Returns to Growth
Industrial Production Returns to Growth After February’s Storms Subside U.S. manufacturing output rose 2.7% in March after falling almost 4% in February. IW Staff APR 15, 2021 The Federal Reserve reported April 15 that industrial production in March rose...
Read moreThe economy is on the cusp of a major boom
The economy is on the cusp of a major boom and economists believe it could last PUBLISHED FRI, APR 9 2021 Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM The economy has entered a period of supercharged growth, and instead of fizzling, it could potentially remain...
Read moreFuture Talent Hidden in Plain Sight?
Do You Have Future Talent Hidden in Plain Sight? There are 28 million hidden workers according to the Harvard Business Project on Managing the Future of Work. Adrienne Selko APR 05, 2021 If you are like me, you struggle...
Read moreUS Manufacturing Sector Index Races to 37-year High
US Manufacturing Sector Index Races to 37-year High in March: ISM BY REUTERS April 1, 2021 Updated: April 1, 2021 WASHINGTON—A measure of U.S. manufacturing activity soared to its highest level in more than 37 years in March, driven by strong growth in...
Read moreMarch Manufacturing More than Doubles February’s Pace for New Hires
March Manufacturing More than Doubles February’s Pace for New Hires Manufacturers hired 53,000 more people in March as employment recovery picks up steam. APR 02, 2021 The Department of Labor’s most recent employment report reveals that the nonfarm economy...
Read moreManufacturing in March Grew for a Tenth Straight Month
In Like a Lion: Manufacturing in March Grew for a Tenth Straight Month Surveyed manufacturing executives are increasingly optimistic despite supply chain and talent struggles. Ryan Secard APR 02, 2021 March was a good month for manufacturing, according to...
Read moreMarch jobs report is expected to be strong
March jobs report is expected to be strong and show the beginning of a hiring surge PUBLISHED THU, APR 1 20212:22 PM EDT Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM Americans are beginning to return to the workforce in big numbers, and that is...
Read moreWeekly jobless claims higher than expected
Weekly jobless claims higher than expected despite signs of labor market improvement PUBLISHED THU, APR 1 20218:30 AM Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM First-time claims for jobless benefits were higher than expected last week, with 719,000 more workers heading to the unemployment...
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