According to Statistics Canada, real gross domestic product fell 0.1 percent in November despite gains in 13 of the 20 industrial sectors tracked. Output from the wholesale trade sector fell 1.1 percent in November […] Read More
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The J.P. Morgan global Purchasing Managers Index (PMI) fell for the ninth straight month in a row and was at its lowest level since August 2016. According to the bank, the slowdown was due […] Read More
According to the nonpartisan, nonprofit Tax Foundation, while most states exempt manufacturing machinery from their sales tax, Alabama, Hawaii, Kentucky, Mississippi, Nevada, New Mexico, North Dakota, South Dakota, and the District of Columbia do not. […] Read More
The U.S. economy added 312,000 jobs in the month of December and the national jobless rate, at 3.9 percent, remained at a very low level. Manufacturers added 32,000 jobs last month. Additionally, average hourly earnings […] Read More
The JP Morgan global purchasing managers’ index (PMI) fell to 51.5 in December from 52.0 in November and is now at its lowest level since September 2016. The bank’s report said, “Output growth remained […] Read More