U.S. manufacturing activity contracted in November by the most in four months, signaling that producers are struggling to overcome an extended period of malaise, Bloomberg reported Monday (Dec. 1). Based on a new survey, the Institute for Supply Management’s (ISM’s) manufacturing index eased 0.5 point,...
Business activity in the United States increased for the second consecutive month and reached a four-month high in November, S&P Global said Friday (Nov. 21). The company’s Flash U.S. Composite PMI Output Index rose from 54.6 in October to 54.8 in November, according to a...
Tariffs are entering what increasingly feels like a mature phase. As highlighted by enterprise executives heading into the final quarter of the year, the challenge for companies is shifting. The question is no longer whether tariffs will continue, no matter the Supreme Court case against them,...
The impact of U.S. tariffs continues to rock the logistics and transportation industries, CNBC reported Thursday (Nov. 20). Major ports are seeing a drop in imports. For the first time this year, rates in October for van, flatbed and refrigerated loads were lower on a...
The Bureau of Labor Statistics (BLS) will not issue two of its economic data news releases because of the lingering effects of the government shutdown that ended last week. The agency said on its webpage of revised news release dates that it has canceled the...
Watch more: What’s Next in Payments: Convera’s Patrick Gauthier Convera CEO Patrick Gauthier said 2025 has been a year of extremes. It has been a test of leadership in a world where global shocks, technological change and monetary policy have collided. “It’s a year with...
Private employers eliminated an average of 2,500 jobs a week during the four weeks ended Nov. 1, ADP said in a Tuesday (Nov. 18) press release. On Oct. 25, ADP’s four-week moving average of private-sector job creation showed a loss of 14,250 jobs per week,...
September employment data that was delayed by the government shutdown is set to be released next week, but October data may never be released. The Bureau of Labor Statistics said Friday (Nov. 14) that it will issue its employment situation release for September on Thursday...
The longest federal government shutdown in U.S. history has apparently led to an unprecedented gap in economic data. It’s rendered the Bureau of Labor Statistics (BLS) unable to compile the October Consumer Price Index and non-farm payroll figures. Although CNBC reported that “the spending impasse...