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Economic Data and Growth

Price Pressures Pick up in Philadelphia

In September, Philadelphia’s regional manufacturing activity expanded at a slower pace, with the index for general business activity falling from 47.4 to 37.8. This month, 45.3% of firms reported increases in activity, while 7.5% cited decreases. New order growth also slowed, moving down from 30.1 to 29.2, while the shipments index stayed the same at…

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Economic Data and Growth

New Housing Construction Declines in August

Building permits decreased 2.7% in August but rose 3.5% over the year. Permits for single-family homes in August declined 1.8% but increased 1.3% over the year. At the same time, permits for buildings with five or more units fell 3.1% from July but jumped 9.4% over the year. In August, housing starts declined 2.6% from…

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Input Stories

How a Timken Manager Lifts Others Up

Abby Causey knows firsthand what it’s like to have someone invest in your career. Now, as a plant manager at The Timken Company, she’s doing the same for others, mentoring rising leaders while running one of the company’s largest facilities. Getting her start: As a student at Ohio State University, Causey worked with 3D printers…

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Input Stories

NAM-Supported PACK Act Advances in House

A measure that would help both consumers and manufacturers by creating uniform standards for recycling claims and packaging labels is one step closer to becoming law following NAM

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Input Stories

U.S. Investigates Cyberattacks on Texas-Bound Energy Tankers

The U.S. is investigating suspected cyberattacks on two Texas-bound energy tankers in August, “spark[ing] concerns that Tehran is looking for novel ways to widen the war in the Middle East” (Foreign Policy Journal). The details: One of the tankers, the VL Prosperity, was carrying over 2 million barrels of oil from Egypt to Texas when…

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Input Stories

Timmons Talks EPA Regulatory Win, Permitting Reform with Fox News

NAM President and CEO Jay Timmons decision to scrap unworkable power plant rules — and why Congress should build on that action by advancing America on Hold report, released earlier this year, found that permitting delays cost more than $7.9 billion each year, while unpredictable timelines can hold back investment and growth.

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