News & Insights
Manufacturers Back House Infrastructure Bill
formally introduced today, with Executive Vice President Erin Streeter saying, “The highway bill released today reflects the needs of America’s manufacturers, including tremendous progress toward comprehensive permitting reform, and our industry looks forward to working with the committee to quickly advance this vital legislation.” “Highway congestion and port delays alone are costing manufacturers nearly $40 …
Small Business Sentiment Barely Improves as Hiring Challenges Top Concerns
The NFIB Small Business Optimism Index edged up 0.1 point to 95.9 in April, remaining below the 52-year average of 98. April’s increase was due to improvements in most indices, with the largest uptick in earnings trends, which were partially offset by a notable decline in expected business conditions. Of the 10 components included in …
New York Manufacturing Expands at Its Fastest Pace Since 2022 as Lead Times and Costs Rise
Manufacturing activity in New York state expanded in May, with the headline business conditions index rising 8.6 points to 19.6, the highest reading since April 2022. The new orders index increased 3.4 points to 22.7, while the shipments index declined 1.3 points to 18.9, both remaining at high rates of growth for the second consecutive …
