Economic News/Analysis

The number of attacks by non-state armed groups around the world has rapidly increased in just five years, according to the IHS Jane’s 2013 Global Terrorism & Insurgency Attack Index from IHS Inc. (NYSE: IHS), a leading global source of critical information and insight. “In 2009, a worldwide total of 7,217 attacks were recorded from… Keep reading →

The National Retail Federation today issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the January jobs report: “While it is always positive to see an increase in private sector hiring and a decrease in unemployment, it is alarming that employment can’t shift into a higher gear,”… Keep reading →

The National Retail Federation released its 2014 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 4.1 percent*, up from the preliminary 3.7 percent growth seen in 2013. NRF also announced today it expects online sales in 2014 to grow between 9 and 12 percent. “Measured improvements in… Keep reading →

Manufacturers’ News, Inc./– For a second straight year, manufacturing employment in Virginia posted a gain, reports the 2014 Virginia Manufacturers Directory®, an industrial directory and database published by Manufacturers’ News, Inc. (MNI). According to data collected by MNI, manufacturers in Virginia added 3,001 jobs from Nov. 2012 to Nov. 2013, or about one percent. Manufacturers’… Keep reading →

Severe winter weather did not dampen December retail sales as shoppers took advantage of heavy promotions and last-minute deals. According to the National Retail Federation – the world’s largest retail trade association – December retail sales, which excludes automobiles, gas stations and restaurants, increased 0.4 percent seasonally adjusted month-to-month, and 4.6 percent unadjusted year-over-year. Total… Keep reading →

The National Retail Federation today issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the December jobs report: “The nation’s retailers continued to add to their payrolls in December even in the midst of the condensed holiday shopping season,” Shay said. “Retailers and merchants, especially those operating… Keep reading →

During the last few years, the pace of microgrid deployment has accelerated rapidly around the world, in a variety of application segments. Now, the industry is moving into the next phase of project development, focusing on how to develop projects on commercially viable terms. Click to tweet: According to a new report from Navigant Research,… Keep reading →

Manufacturers’ News, Inc.– For a third straight year, industrial employment in Wyoming posted a gain, reports the 2014 Wyoming Manufacturers Directory®, an industrial directory and database published by Manufacturers’ News, Inc. (MNI) Evanston, IL. According to data collected by Manufacturers’ News, Wyoming gained 584 manufacturing jobs from October 2012 to October 2013, or 1.7%, outpacing… Keep reading →

Optimism for the nation’s economic outlook among U.S. business leaders plummeted 16 percentage points in fourth quarter 2013 to a net balance of 36 percent according to the latest data from the Grant Thornton International Business Report (IBR), a survey of 3,300 business leaders in 45 countries. Hiring expectations in the United States declined for… Keep reading →

Health care prices in October 2013 rose 0.9% above October 2012, the lowest reading in the fifty-plus years for which we have data. Prices for physician services rose by a mere 0.2% while prescription drug prices rose by 0.5%. Hospital prices rose by 1.2%, the lowest rate since November 1998, held down by very low… Keep reading →

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