After tremendous stock market volatility earlier in the week, financial markets around the world began to stabilize somewhat by the end of last week.
August 31, 2015
The U.S. economy expanded at a 2.3 percent annualized pace in the second quarter, and revisions to the first quarter replaced the small contraction with 0.6 percent growth, putting the first half of the year roughly in line with expectations.
August 3, 2015
While the science fiction image of robots conjures up visions of humanoid-like machines with arms, legs and a head, the reality is that most robots have no resemblance at all to humans.
July 27, 2015
Just two weeks ago, the Greek debt drama overshadowed the plunge in the Shanghai stock market, but with Greece receiving a bailout (and staying in the Eurozone, at least for now), more attention is being paid to China’s decelerating growth.
July 27, 2015
In her semiannual congressional testimony last week, Federal Reserve Chair Janet Yellen noted recent progress in the U.S. economy, even as she observed lingering challenges with manufacturing output and weaker-than-desired levels of consumer and business spending.
July 20, 2015
In the minutes for the Federal Open Market Committee (FOMC) meeting June 16–17, Federal Reserve participants expressed some worry about economic challenges abroad, particularly in China and Greece.
July 13, 2015
Financial markets around the world have grappled with the debt uncertainties in Greece and, to a lesser extent, in Puerto Rico.
July 6, 2015
Last week, there were several reminders that the manufacturing sector has not recovered fully from economic weaknesses earlier in the year, even as business leaders remain cautiously optimistic about activity in the coming months.
June 29, 2015
Last week, one media outlet reported that manufacturing has been in a “technical recession” for the past six months.
June 22, 2015
Columbus, OH-based FCX Performance, Inc. announced today that it has completed the acquisition of Process Control Services, Inc (PCS). Based in Plymouth, MI, PCS provides Instrument start-up, repair, installation and calibration services; In-house Depot Repair; Turnkey PLC Programming and Control Panel Fabrication.
June 16, 2015
Manufacturers and other businesses came into this year with a lot of optimism, particularly given robust growth in the second half of last year.
June 15, 2015
The Federal Reserve’s Beige Book reported that the economy expanded modestly in its recent assessment.
June 8, 2015