As Bloomberg Tax reports, on July 28, the U.S. Internal Revenue Service loosened a 2017 restriction that had capped tax deductions for debt interest payments at 30 percent of earnings before interest, taxes, depreciation, and […] Read More
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Thomas recently released the results of its most recent Industrial Survey, which assesses the ongoing impacts of COVID-19 on North American manufacturing. Thomas said the survey “revealed that companies are rethinking their supply chains and […] Read More
The IHS/Markit Global Steel Users Purchasing Managers Index (PMI) rose from 45.7 in May to 49.3 in June, indicating a slight deterioration in the health of the global steel-using industry. The report said, “the […] Read More
A survey by MetLife and the U.S. Chamber of Commerce found an increasing percentage (50 percent) of small businesses are optimistic that they will increase revenues next year. That figure was up 47 percent […] Read More
The IHS Markit Global Steel Users Purchasing Managers’ Index (PMI) rose to 45.5 in May from 43.8 in April, which was the lowest since March 2009. It was the fourth month in a row […] Read More