Economy

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Economy
NetPlus Distributors Expect Strong Finish to 2024
About two-thirds of respondents expect to report full-year growth.
Featured
I Stock 1315444945
Economy
Metalformers End the Year with Optimism, Although Shipping Levels Fall
More manufacturers predicted an increase in economic activity in early 2025.
December 19, 2024
I Stock 879133968
Economy
Metalformers’ Outlook Slightly Improves; Shipping Levels Trend Upward
Hiring and staffing trends, however, were down slightly compared to the previous month.
November 26, 2024
Federal Reserve Board Chairman Jerome Powell during a news conference at the Federal Reserve in Washington, Nov. 7, 2024.
Economy
Federal Reserve Cuts its Key Interest Rate
Inflation now barely exceeds the central bank’s 2% target.
November 8, 2024
I Stock 175949079
Economy
August Manufacturing Technology Orders Down 12%
Year-to-date orders, meanwhile, were down by nearly the same margin.
October 15, 2024
Federal Reserve Board Chairman Jerome Powell at the Federal Reserve in Washington, Sept. 18, 2024.
Economy
Fed Chair Says U.S. Economy in 'Solid Shape' with Gradual Rate Cuts Coming
Many investors had hoped for another steep half-point reduction before the end of the year.
October 1, 2024
Top Headlines
Federal Reserve Board Chairman Jerome Powell at a news conference at the Federal Reserve, Washington, Dec. 18, 2024.
Fed Again Cuts Key Rate but Envisions Fewer Reductions Next Year
December 19, 2024
Federal Reserve Chair Jerome Powell at the DealBook Summit in New York, Dec. 4, 2024.
With Inflation Pressures Still Elevated, Federal Reserve Is Likely to Slow its Rate Cuts
December 17, 2024
Coca-Cola cans move down a conveyer belt at the Swire Coca-Cola bottling plant, Denver, Oct. 20, 2023.
Wholesale Inflation Accelerates in Sign of Continued Price Pressures
December 13, 2024
Off-road vehicles outside a Cabela's store in Lone Tree, Colo., Dec. 8, 2024.
Inflation Ticks Up as Some Price Pressures Remain Persistent
December 12, 2024
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December 12, 2024
I Stock 1030477600
Economy
Post-IMTS Manufacturing Tech Order Decline Blunted by Aerospace Rebound
Orders are down 7.5% through the first 10 months of the year.
December 10, 2024
Federal Reserve Chair Jerome Powell at the DealBook Summit in New York, Dec. 4, 2024.
Economy
Why Trump and the Federal Reserve Could Clash in the Coming Years
Trump’s proposals to cut taxes and impose steep and widespread tariffs are a recipe for high inflation.
December 6, 2024
Federal Reserve Chair Jerome Powell at the DealBook Summit in New York, Dec. 4, 2024.
Economy
Fed Chair Says Independence from Politics Vital to its Interest Rate Decisions
He added that his position enjoyed "very, very broad support" on Capitol Hill.
December 5, 2024
A Costco warehouse in Lone Tree, Colo., Nov. 19, 2024.
Economy
Consumer Price Increases Accelerate Amid Resilient Inflation Pressures
The elevated reading could make the Federal Reserve less likely to cut its key rate.
December 3, 2024
Jason Kwapi operates a combine during soybean harvesting on the Voss farm near Palo, Iowa, Oct. 2, 2024.
Economy
U.S. Economy Grows at 2.8% Pace in Q3
Strong consumer spending and a surge in exports fueled the expansion.
December 3, 2024
I Stock 1546682621
Economy
Manufacturing PMI Edges Up but Indicates Continued Contraction
The November index came in at 48.4%.
December 2, 2024
Shipping containers stacked at a port, Tianjin, China, Jan. 16, 2023.
Economy
Trump's First-Term Tariffs Did Little to Alter the Economy
But this time could be different.
December 2, 2024
I Stock 2182647793
Economy
Cutting Tool Orders Down 6% in September
Year-to-date orders remained slightly up heading into the final quarter.
November 21, 2024
Federal Reserve Chair Jerome Powell at a Dallas Regional Chamber event, Music Hall at Fair Park, Dallas, Nov. 14, 2024.
Economy
Federal Reserve's Likely Slowdown in Rate Cuts Could Disappoint Borrowers
Surprisingly strong economic reports have led to a decidedly more cautious tone.
November 21, 2024
Federal Reserve Chair Jerome Powell, left, speaks to the Dallas Regional Chamber, Music Hall at Fair Park, Dallas, Nov. 14, 2024.
Economy
Powell Says Fed Will Likely Cut Rates Cautiously
The Fed chair said inflation is edging closer to the central bank's target but "is not there yet."
November 15, 2024
Adriana Kugler during a hearing on her nomination to the Board of Governors of the Federal Reserve System, June 21, 2023, Washington.
Economy
Top Fed Official Defends Central Bank's Independence
The remarks addressed why most economists oppose politicians having influence over interest-rate decisions.
November 14, 2024
A grocery store shelf in Chicago, Sept. 19, 2024.
Economy
U.S. Inflation Up Slightly Last Month
Price increases might be leveling off after slowing to their lowest pace since 2021.
November 13, 2024
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Economy
Manufacturing Technology Orders Jump as IMTS Returns
Orders were up nearly 15% compared to September 2023.
November 12, 2024
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, Sept. 18, 2024.
Economy
Federal Reserve Set to Cut Rates Again
But the central bank faces a hazy post-election outlook.
November 4, 2024