The Conference Board Index Shows Consumer Confidence Increased Sharply in March Consumer confidence increased sharply in March to its highest level since December 2000,” said Lynn Franco, Director of Economic Indicators at the Conference Board. “Consumers’ assessment of current business and labor market conditions improved considerably. Consumers also expressed much greater optimism regarding the short-term [...]
Universal Stainless is Raising Base Prices Stainless steel bar producer Universal Stainless & Alloy Products is raising base prices for stainless bar products manufactured at three of its facilities, by 5% effective March 27. Current material and energy surcharges will remain in effect. The Bridgeville, Pa specialty steelmaker increased prices in February for low-alloy vacuum-arc [...]
Factory Orders Rose 1.2 Percent to Start 2017 Factory orders rose 1.2 percent at the beginning of the year. On balance, the hard data in the manufacturing sector continue to show improvement, although the pace has been slower than sentiment indicators alone would indicate. (Wells Fargo) Economic Activity Picked Up to Moderate Pace in January [...]
The Dow Crashed the 21,000 Level Wednesday The Dow crashed the 21,000 level after soaring 197 points on Wednesday. Tell me again about the humming economy created by Obama, the super healthcare law created by Obama, the strategy of leading from behind, excessive regulations, higher taxes, doubling the national debt-on nothing. NO…this was wrong for America, [...]