Manufacturing Increased Production in January
Durable and nondurable goods output rose 0.8% and 1.1%, respectively, and manufacturing capacity utilization bounced back from a 15-month low, to 77.7% in January from 77.1% in [...]
Pay Equity State of Rhode Island
There is a safe harbor provision in the legislation. We have attached a pdf that gives you specific areas of concerns for your operation. I suggest that [...]
Environmental Protection Agency
The Environmental Protection Agency is considering a new rule that would impose stricter air standards on particulate matter known as PM2.5 (i.e., particles that measure two and [...]
President’s State of the Union
Manufacturing “was one of the first topics addressed in the president’s annual speech. Biden boasted of several [...]
Robust Labor Market, but Slower Manufacturing Demand per NAM
Manufacturing employment rose 19,000 in January, starting the new year by continuing the solid growth seen in [...]
Non-Compete Clauses
The Federal Trade Commission has proposed a rule to ban noncompete clauses in employment contracts. The rule [...]
U.S. Economy 2023
The U.S. economy’s growth slowed slightly to a 2.9% annual rate in the fourth quarter of 2022, [...]
2022 End of Year Review
Manufacturing production ended the year on a negative note, with output declining sharply in both November and [...]
Wages
Overall wage growth outpaced consumer inflation in 2022, with Black Americans, young people and those with the [...]