In deciding not to start raising short-term interest rates, the Federal Open Market Committee (FOMC) said, “Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term.” As such, the Federal Reserve has chosen to see how the next few months transpire before opting to begin the process of normalizing rates, likely at the December 15–16 meeting, depending on the strength of incoming data between now and then.
September 21, 2015
Across the world of manufacturing, the talent gap is getting broader as top positions are vacated and companies struggle to entice qualified candidates.
September 1, 2015
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
Much of the business conducted at Valve World Americas Expo & Conference, July 15-16, was done on the 39,000-square-foot exhibit floor at the George R.
August 25, 2015
While the shale gas boom continues to play an important part in the economic well-being of the United States, it was the price of oil that was foremost in the minds of presenters and attendees alike at VMA’s 2016 Market Outlook event held in Chicago this month.
August 11, 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
As valve end-user industries become more complex and demanding, manufacturers and suppliers must develop and find better, more efficient products to do the work.
July 21, 2015
The expo floor was filled with some 200 exhibitors representing many facets of the valve industry including manufacturers, suppliers and distributors.
July 20, 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
