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Consumer Sentiment Index in U.S. Rose to 83.7 in May
Consumer confidence rose in May to the highest level in almost six years as an advancing stock market and cheaper gas prices helped lift Americans' outlook on the economy.
May 17, 2013 – Bloomberg

Study: Ag Contributes $37.9 Billion to Indiana Economy
Agricultural industries contributed $37.9 billion to Indiana's economy in 2011, according to a new report from Indiana University's Kelley School of Business.
May 17, 2013 – US Ag Net

Eurozone recession continues into sixth quarter
The recession across the 17-nation eurozone has continued into a sixth quarter, figures show.
May 15, 2013 – BBC News

Industrial Production in U.S. Falls by Most in Eight Months
Industrial production declined in April by the most in eight months, reflecting broad-based cutbacks in U.S. manufacturing (IPMGCHNG) that show factories will provide little support for the economy.
May 15, 2013 – Bloomberg

China's industrial output increase disappoints
Industrial production in China recorded a smaller-than-expected rise in April, underlining worries that the economy may be losing steam.
May 13, 2013 – BBC News

U.S. Small Tractor Sales Up 6%, Combine Sales Soar
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. for April, 2013, were up 6% compared to the same month last year.
May 13, 2013 – AgriMarketing

Improving Housing Markets List Includes 258 Metros in May
The number of U.S. housing markets showing sustained improvement in three key measures fell slightly to 258 in May from 273 in April, according to the NAHB/First American Improving Markets Index (IMI). This total includes entrants from all 50 states and the District of Columbia.
May 10, 2013 – Compact Equipment

AEM CE Stock Index Up 2.2 Percent For Week Closing May 10
Stock prices for companies in the AEM Construction Equipment Index rose last week – nine out of ten companies in the index had higher stock prices on May 10 compared to closing prices on May 3. The AEM Construction Equipment Stock Index rose 2.2 percent for the week ending May 10. The S&P 500 Average Index rose 1.2 percent.
May 10, 2013 – AEM

The Competitive Edge: Myths About Manufacturing
Ten years ago, a list of myths about manufacturing would have started with the humdinger that we no longer make anything in America. But behind the efforts of MAPI, the National Association of Manufacturers, the White House and others, many more Americans are familiar with the continued dynamism of this nation's factory sector. Still, myths abound.
May 9, 2013 – Industry Week

UK industrial output beats forecasts, official figures show
UK industrial production was stronger than forecast in March, official figures show, boosted by manufacturing and a recovery in oil and gas output.
May 9, 2013 – BBC News

German industrial output rises
Germany saw a surprising rise in industrial output in March, reviving hopes about the strength of Europe's biggest economy.
May 8, 2013 – BBC News

Equipment Lease Finance Confidence Eases in April
The Equipment Leasing & Finance Foundation (the Foundation) released the April 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) April 19. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $725 billion equipment finance sector.
May 8, 2013 – Construction Equipment Guide

China trade growth accelerates beating forecasts
China's trade growth accelerated in April, beating analyst expectations, a positive sign for the country's fragile economic recovery.
May 8, 2013 – BBC News

Construction unemployment rate drops despite losing 6k jobs in April
After riding a four-month streak of employment gains to the highest total employment the industry had seen in nearly four years, the construction industry lost 6,000 jobs in April, according to new data from the U.S. Labor Department.
May 3, 2013 – Equipment World

India cuts interest rates for third time this year
India has cut interest rates for the third time this year in an attempt to revive growth in its sluggish economy.
May 3, 2013 – BBC News

Construction jobs, spending shrink in latest month but rise for year; metros vary widely
Nonfarm payroll employment increased by 165,000, seasonally adjusted, in April and 2,077,000 (1.6%) over 12 months. Construction spending in March totaled $857 billion at a seasonally adjusted annual rate, down 1.7% from the downwardly revised February total but up 4.8% from March 2012. BLS reported on Wednesday that 287 out of 372 metropolitan areas had year-over-year increases in nonfarm payroll.
May 3, 2013 – AEM

AEM CE Stock Index Up 2.7 Percent For Week Closing May 3
Stock prices for companies in the AEM Construction Equipment Index rose last week – six out of ten companies in the index had higher stock prices on May 3 compared to closing prices on April 26. The AEM Construction Equipment Stock Index rose 2.7 percent for the week ending May 3. The S&P 500 Average Index rose 1.8 percent.
May 3, 2013 – AEM

ASEAN Infrastructure Spending To Top $500B by 2020
Economic growth in Thailand, Indonesia, the Philippines, Vietnam and Malaysia will remain strong at an average 6% this year, according to the International Monetary Fund. The countries represent the top five economies of the Association of Southeast Asian Nations, or ASEAN.
May 2, 2013 – ENR

Livestock, Poultry Groups Provide Comments on Negative Impact of RFS
Seven livestock and poultry groups submitted comments to the House Energy and Commerce Committee on the negative effects the federal Renewable Fuels Standard (RFS) has had on agriculture, including the high cost of feed facing livestock and poultry producers. The comments answer several questions posed by the Committee on the impact of the RFS.
May 1, 2013 – AgriMarketing.com

Manufacturing in U.S. Expands at Slowest Pace This Year
Manufacturing expanded in April at the slowest pace this year and companies took on the fewest workers in seven months, adding to evidence of a slowdown in the world's largest economy.
May 1, 2013 – Bloomberg

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