The seasonally adjusted FDI rose in October to 56.1 despite continued supply chain disruption, according to a new analysis.
September orders totaled $590M, according to the Manufacturing Technology Orders Report by The Association For Manufacturing Technology.
The goods and services deficit was $80.9 billion in Sept., up $8.1 billion from $72.8 billion in August, according to a new analysis.
Rexel USA CEO Jeff Baker shares details behind Rexel’s acquisition of Mayer Electric and plans for continued growth.
The October Manufacturing PMI registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1%
The 2021 3Q data reflects increases in private inventory investment, personal consumption expenditures and government spending.
Average annual sales growth for 12 months through Sept. was 19.6% for Heating, Air-conditioning & Refrigeration Distributors International.
Due to declines in production-related indicators, the Chicago Fed National Activity Index decreased to -0.13 in Sept. from +0.05 in Aug.
Motion’s third-quarter sales were $1.6 billion, up 14.5% from 2020 and representing 34% of total company revenues.
Watsco reported a 31% jump in EPS to a record $3.62 and a 16% sales growth to $1.78 billion in 3Q 2021.
U.S. Census Bureau and federal housing officials say units authorized by building permits fell 7.7% from August but remained unchanged from the same period in 2020.
Despite the drop, total industrial production rose 4.3% at an annual rate for 3Q, the 5th consecutive quarter with a gain of at least 4%.
