Released: 2022-07-29
Real GDP by industry
May 2022
0.0%
(monthly change)
Real gross domestic product (GDP) was essentially unchanged in May, following a 0.3% expansion in April.
Real gross domestic product essentially unchanged in May
Growth in services-producing industries (+0.4%) was offset by a decline in goods-producing industries (-1.0%), as 14 of
Released: 2022-07-14
Manufacturing sales
$71.6 billion
May 2022
-2.0%
(monthly change)
Inventories
$113.9 billion
May 2022
1.6%
(monthly change)
Inventory-to-sales ratio
1.59
May 2022
0.05 pts
(monthly change)
Unfilled orders
$103.0 billion
May 2022
-0.8%
(monthly change)
Following seven consecutive monthly increases, manufacturing sales fell 2.0% to $71.6 billion in May, on lower sales in 11
In recent years, economic development efforts in Bloomington-Normal have focused on workforce development and creating a standard incentive package for prospective new businesses to locate in McLean County. That’s about to change.
Workforce development came first with partnerships between existing manufacturers and Heartland Community College and other institutions. Patrick Hoban, CEO of the Bloomington-Normal Economic Development Council, said that work
The manufacturing worker base grew to an all-time high of 5 percent of Nevada’s employment landscape, an increase that signals a shift in the local economy as the state has now exceeded the number of jobs it had pre-pandemic but also as the hospitality industry remains 33,000 jobs short of pre-COVID levels.
Economists said it’s unclear whether hospitality-related employers are
The euro is in positive territory today extending the gains seen on Monday. In the European session, EUR/USD is trading at 1.0262, up 0.35% on the day.
German manufacturing declines
The data out of the eurozone was none too encouraging today, but the euro shrugged off the numbers. Manufacturing PMIs across the eurozone recorded declines, with readings below the 50.0
United States, Rockville MD, Aug. 01, 2022 (GLOBE NEWSWIRE) — According to Fact.MR, a market research and competitive intelligence provider, the global high power connectors is estimated at US$ 4.6 billion in 2022 and is expected to expand at an impressive CAGR of 6.1% during the forecast years of 2022-2032. The market is poised to grow due to the increased