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Manufacturing in Philadelphia Region Expectedly Shrank in May (Update 1)
Manufacturing in the Philadelphia region unexpectedly shrank in May for the first time in eight months, reflecting a drop in orders and employment.
May 17, 2012 – Bloomberg
10 Essential Social Media Tips for Senior Executives
In today's business world, it is impossible to compete without a strong web presence to support you.
May 17, 2012 – Industry Week
Japan's economy grows 4.1 percent amid recovery
Japan's economy grew an at annual rate of 4.1 percent in the first quarter amid a gradual recovery from last year's catastrophic earthquake and tsunami.
May 17, 2012 – Yahoo News
In China, Economics Is Politics
As the Bo Xilai and Chen Guangcheng episodes show, politics in China can be brutal. For the Chinese Communist Party, an enduring social compact with its people is still a long way off.
May 16, 2012 – Bloomberg Businessweek
Caterpillar Plans $37M Visitor's Center
The $37 million Caterpillar Visitors Center is on schedule to open the same day as its next-door neighbor, the $100 million Peoria Riverfront Museum.
May 16, 2012 – Construction Equipment Guide
Senate Passes 3-Year Ex-Im Bank Measure
Congress has approved a three-year reauthorization for the U.S. Export-Import Bank with a boost in the total financial assistance the bank can provide to U.S. companies, including construction contractors and equipment makers.
May 15, 2012 – Engineering News Record
UK manufacturers want more support, says survey
UK manufacturers want the government to offer more practical support to the industry rather than "empty rhetoric", according to a new survey.
May 15, 2012 – BBC News
India factory output dips 3.5% as manufacturing shrinks
India's industrial production fell unexpectedly in April, led by a drop in manufacturing, raising concerns about a slowdown in its economy.
May 14, 2012 – BBC News
Workers Lacking Skills Hinder More U.S. Factory Gains: Economy
Paul Bonin has no problem getting enough orders to keep his South Bend, Indiana, factory busy. What he can't find are enough qualified employees to work on the assembly lines.
May 14, 2012 – Bloomberg
China's central bank eases
China's central bank took further action Saturday to stimulate its economy.
May 14, 2012 – CNN Money
Monday Economic Report - May 14th
Much of the economic focus last week dealt with the aftermath of French and Greek elections. While European sovereign debt issues have been in the forefront the past few years, it seems there are always new developments that add to our collective anxieties about the euro's stability and member nations' ability to grapple with their finances.
May 14, 2012 – Shopfloor
Near-sourcing brings manufacturing home
For years, the Illinois company Caterpillar made its small bulldozers in Japan.
May 13, 2012 – Waste Management World
US trade deficit grows in March
Official figures from the Commerce Department show the deficit at $51.8bn (£32.0bn) in March, up from $45.4bn in February.
May 10, 2012 – BBC News
Gas Prices Drop For Fifth Consecutive Week
The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.79 per gallon, 18 cents per gallon lower than last year at this time. This marks the fifth straight week of decline, with the average price down 15 cents since April 2.
May 10, 2012 – USAgNet
No Repeating Slowdown Seen by U.S. With Banks to Housing
The smallest gain in U.S. payrolls in six months need not presage the kind of slowdown that bedeviled the world's largest economy for the past two years.
May 7, 2012 – Bloomberg
Manufacturers to banks: We need money now
American manufacturers say business is booming again, but many are complaining that banks aren't lending them money to ramp up production.
May 7, 2012 – CNN Money
Monday Economic Report - May 7, 2012
Economic indicators released last week were mixed. Manufacturing continues to advance, boosting output and overall job creation. The Institute for Supply Management (ISM) released its latest Purchasing Managers' Index (PMI), which showed new orders, production and employment growing at a faster pace than previous months.
May 7, 2012 – Shopfloor
China April inflation, output data to show stabilizing economy
New evidence that the Chinese economy has bottomed out and is now stabilizing is likely to be seen in a raft of data due out on Friday, with inflation falling and output strengthening, a Reuters survey showed.
May 7, 2012 – Yahoo News
Ritchie Bros. Auctioneers Conducts Multimillion-Dollar Grand Opening Auction in Las Vegas, Nev.
Ritchie Bros. Auctioneers officially opened its new 33,000-square-foot auction building in northern Las Vegas on May 4, during a multimillion-dollar grand opening auction. More than 2,100 bidders from 42 countries registered on site or online to participate in the unreserved public auction, which featured close to 1,300 heavy equipment and transportation items.
May 7, 2012 – AED News
EquipRent Announces New Integration with CRM Software
EquipRent.com, the free, online equipment rental service that connects commercial contractors and DIYers to local rental companies recently announce a new integration feature with rental companies' customer relationship management (CRM) software like salesforce.com. Free for a limited time, this new real-time integration will result in prospects' information being digitally delivered into rental companies' existing pipeline software for faster responses.
May 7, 2012 – AED News
April jobs report: Hiring slows, unemployment falls
Hiring slowed in April and workers dropped out of the labor force in droves -- not a good sign for the job market going forward.
May 4, 2012 – CNN Money
UK service sector growth slows, PMI survey shows
Growth in the UK's dominant service sector slowed in April but remained "solid", according to a closely-watched survey.
May 3, 2012 – BBC News
U.S. Productivity Falls, Labor Costs Rise Less Than Forecast
The productivity of U.S. workers fell in the first quarter, indicating businesses are reaching the limit of how much efficiency they can wring from the workforce.
May 3, 2012 – Bloomberg
Survey shows economic growth in Mid-America
Creighton University Economist Ernie Goss says the monthly Business Condition index shows growing strength in the regional economy. The nine-state region includes Iowa, Missouri, Nebraska, North Dakota and South Dakota.
May 2, 2012 – Brownfield
Europe's next recession risk: Germany
As recession spreads across Europe, Germany may not be able to avoid being dragged down.
May 2, 2012 – CNN Money
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