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Syed Shareq Rashid

Assistant VP, Digital Advocacy Strategy

The National Association of Manufacturers

202-555-1212

[email protected]

Latest News

Monday Economic Report

Import and Export Prices Drop on Lower Fuel Costs

U.S. import prices decreased 0.4% in July after declining 0.3% in June, with lower prices for fuel imports more than offsetting higher prices for nonfuel imports. Over the year, import prices advanced 5.9%. Meanwhile, U.S. export prices stepped down 1.3% in July, driven by lower prices for nonagricultural exports. Over the past year, export prices…

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Monday Economic Report

New York Manufacturing Activity Expands at Faster Pace as Outlook Strengthens

Manufacturing activity in New York state expanded at a faster pace in August, with the headline business conditions index rising 5.0 points to 20.6. The new orders index decreased 4.9 points to 17.3, while the shipments index fell 12.7 points to 11.7. Unfilled orders climbed 10.5 points to 15.5, while inventories moved down 9.2 points…

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Monday Economic Report

S&P Global Flash U.S. Manufacturing PMI Falls to Five-Month Low

The S&P Global Flash U.S. Manufacturing PMI fell from 53.9 to 53.2 in August, a five-month low. Factory production slowed to its lowest level since July 2025, while new orders growth rose at its slowest pace since March. Meanwhile, manufacturing employment rose at its fastest pace since May. Inventories declined in August for the first…

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Monday Economic Report

Building Permits Rise, Led by Multifamily Construction Gains

Building permits increased 5.0% in July and 3.1% over the year. Permits for single-family homes in July rose 2.5% and 1.1% over the year. At the same time, permits for buildings with five or more units climbed 9.1% from June and 6.3% over the year. In July, housing starts fell 12.4% from June and 13.5%…

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Monday Economic Report

Industrial Production Ticks Up as Manufacturing Capacity Utilization Edges Higher

Industrial production ticked up 0.2% in July, while manufacturing output rose by a similar amount after increasing 0.3% in June. At 98.4% of its 2017 average, manufacturing production moved up 1.2% from July 2025. Capacity utilization for manufacturing was 76.0%, up slightly from 75.9% in June and up 1.0% over the past year. Capacity utilization…

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Monday Economic Report

Philadelphia Fed Manufacturing Index Rises to Highest Level Since April 2021

In August, Philadelphia’s regional manufacturing activity expanded to its highest level since April 2021, with the index for general business activity climbing from 41.4 to 47.4. This month, 56.9% reported increases, while 9.6% reported decreases. New orders declined, moving down from 37.0 to 30.1, while shipments decreased from 33.7 to 27.7. Meanwhile, employment improved to…

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Upcoming Events

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29 May 2024

Hybrid Briefing with DOE on 48C Qualifying Advanced Energy Project Credit Round II

National Association of Manufacturers
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