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Trump’s trade war is putting pressure on homebuilders

Trump’s trade war is putting pressure on homebuilders

by Olivia Raimonde | May 10, 2019 | Featured, Manufacturing

After tariffs on lumber and steel went into effect, the cost for Paul Schwinghammer to operate his Indiana-based home building and renovation company soared. “In the last two to two and a half years, our prices are up about 20 percent,” said Schwinghammer who is...
Five Things to Watch in Tuesday’s U.S. Durable Goods Report

Five Things to Watch in Tuesday’s U.S. Durable Goods Report

by Olivia Raimonde | Mar 29, 2019 | Manufacturing

Experts predict moderate gains in a key order, but that may be the last good news this sector sees for a while. Here are five things to watch in the report. 1. Exclude the transportation numbers, please Economists are estimating that new orders for durable goods...
Worried about a robot taking your job? 3D printing may help you land one

Worried about a robot taking your job? 3D printing may help you land one

by Olivia Raimonde | Mar 28, 2019 | Featured, Manufacturing

Miguel Gomez, 25, was working in retail and computer repair when he was offered a job as a field service technician for EnvisionTEC—a company that manufactures 3D printers. Now, after working his way up through the company for five years, he is their North American...
Durable Goods Report Better Than Expected, but Economists Aren’t too Impressed

Durable Goods Report Better Than Expected, but Economists Aren’t too Impressed

by Olivia Raimonde | Mar 21, 2019 | Featured, Manufacturing

Orders for durable goods were up in January, but the overall report suggested that business investment growth is cooling off. U.S. orders for durable goods—products that have a life expectancy of three or more years—increased 0.4% percent, the Commerce Department said...
New Orders for Durable Goods Up in December, but Economists Suggest Underlying Weaknesses

New Orders for Durable Goods Up in December, but Economists Suggest Underlying Weaknesses

by Olivia Raimonde | Feb 28, 2019 | Manufacturing

Demand for U.S. durable goods increased in December, but an important measure of business investment dropped, suggesting that companies are becoming less confident in the economic outlook. New orders for U.S. durable goods — products that have a life expectancy...

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