by Rosemary Misdary | Apr 2, 2019 | Autos, Durable Goods, Economy
After four consecutive years of record-high vehicle sales, manufacturers will face a slump this year in new vehicle sales. Automakers are off to a rough start this year. January and February sales were down 2.6 percent, the lowest two-month sales since 2009. Sales...
by William Mathis | May 23, 2017 | Durable Goods, Economy, Featured, Jobs, Newest
Five years ago, Rishvanth Kora, 31, was about to finish a graduate program in electrical engineering at the University of Kentucky, when he finally got a job offer. The Fortune 500 manufacturing company Cummins wanted a worker with an advanced engineering degree badly...
by Teddy Grant | Apr 30, 2017 | Autos, Durable Goods, Economy, Jobs, Newest, Personal Income
For the first two months of 2017, personal income rose 0.4 percent in a sign that consumers are earning more. On Monday, The Bureau of Economic Analysis will release its Personal Income and Outlays report and many analysts are predicting an increase of 0.3 percent,...
by William Mathis | Apr 26, 2017 | Durable Goods, Economy, Newest
As President Trump approaches his 100th day in office, the Commerce Department will release the monthly report on durable goods tomorrow, a measure of how manufacturers are faring under the buy American, hire American administration. The past few months have shown...
by William Mathis | Mar 28, 2017 | Durable Goods, Economy, Newest
GE plants across the country will hum with conversation more and more this year, but it won’t be from workers. The machines on the shop floor now talk directly to technicians and plant managers via software that collects and transmits data in real time, part of what’s...
by William Mathis | Mar 26, 2017 | Durable Goods, Economy, Newest
Manufacturing continued to make only modest gains in February as producers struggle to compete globally and wait for the White House to produce fiscal policies that will stimulate significant growth. New orders for durable goods, products that last for more than three...
