Latest News
NAM, Rep. Moore See Tax Wins on N.C. Factory Floors
September 1, 2026story (subscription). Why it’s important: The three manufacturers have benefited from H.R. 1’s tax provisions, including the restoration of full expensing for capital equipment purchases and immediate research-and-development expensing. “[T]he faster deduction of R&D costs reduced our tax burden and freed up a substantial amount of cash for additional investment opportunities,” Seiren Executive Vice President…
Bessent, Rep. Miller-Meeks See Tax Law in Action at NAM-Hosted Vermeer Event
September 1, 2026 Read more
Consumer Confidence Slips as Future Expectations Weaken
August 31, 2026Consumer confidence decreased 0.8 points in August to 89.4. Among its components, the Present Situation Index improved while the Expectations Index contracted as customers’ concerns regarding the present situation eased and concerns about the future worsened. The Present Situation Index, reflecting current business and labor market conditions, rose 6.8 points to 121.2. Meanwhile, the Expectations…
Fifth District Factory Growth Eases, While Investment Outlook Improves
August 31, 2026Manufacturing activity in the Fifth District rose at a slower pace in August after ticking up in July, with the composite manufacturing index edging down from 5 to 4. At the same time, local business conditions stepped down but remained positive, declining from 10 to 4 in August. In line with a weakening of business…
