News & Insights
Caterpillar to Scale Workforce Investment Across Texas
Building the Future Workforce Initiative. The initial investment of up to $5 million will prepare current and future workers across Texas for advanced manufacturing and industry technician jobs. Texas is home to 6,630 Caterpillar employees across 17 facilities, including the 1.7-million-square-foot engine facility in Seguin, where the announcement took place. Partners like the MI, Texas …
Home Price Growth Remains Muted Despite Spring Gains
In April, the S&P Cotality Case-Shiller U.S. National Home Price Index recorded a 0.8% annual gain, up slightly from a 0.7% rise in March. The 10-City Composite increased 1.8%, up from 1.5% the previous month, while the 20-City Composite moved up 1.1% year-over-year, up from 0.9% in March. Chicago again posted the highest annual gain …
Consumers See a Brighter Outlook, Even with Current Conditions Under Strain
Consumer confidence inched up 0.6 points in June to 91.2. Among its components, the Present Situation Index contracted while the Expectations Index improved as customers’ concerns regarding the present situation worsened and concerns about the future eased. The Present Situation Index, reflecting current business and labor market conditions, declined 3.0 points to 116.4. Meanwhile, the …
