News
The Innovators Quest Gets Students Excited About Manufacturing
said MI President and Executive Director Carolyn Lee. “By sparking their interest in skills needed in modern manufacturing, this student engagement tool illustrates the limitless possibilities of the many careers in our industry. The time to invest in our future workforce is now.” “Innovators Quest is an important initiative that will provide students with early …
NAM, Allies: Reject Reintroduced PRO-Act
told the Senate Tuesday. What’s going on: The PRO Act, reintroduced Wednesday by Sen. Bernie Sanders (I-VT) and Rep. Bobby Scott (D-VA), joint employer” under federal labor law with a much broader, more vague definition. “The current standard focuses on whether the potential employers have direct and immediate control over employees. The PRO Act standard, …
DOJ Ramps Up Workplace Immigration Enforcement
memo from U.S. Attorney General Pam Bondi to all Justice Department employees. What’s going on: The memo, sent Feb. 5, tasks U.S. Attorneys’ Offices across the U.S. with using “all available criminal statutes to combat the flood of illegal immigration … and to continue to support the Department of Homeland Security’s immigration and removal initiatives.” …
Western Markets Experience the Sharpest Price Drops
In December, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index recorded a 3.9% annual gain, up from 3.7% in November. The 10-City Composite saw an annual increase of 5.1% in December, up from 5.0% the previous month, while the 20-City Composite rose 4.5% year-over-year, up from 4.3%. Among the 20 cities, New York […]
Fifth District Manufacturing Activity Improves Slightly
Manufacturing activity in the Fifth District improved slightly in February. The Fifth Federal Reserve District consists of Virginia, Maryland, the Carolinas, the District of Columbia and most of West Virginia. The composite manufacturing index rose from -4 in January to 6 in February. Although activity improved, manufacturers are less optimistic looking ahead, with the outlook […]
Texas Factory Activity Declines Amid Rising Uncertainty
In February, Texas factory activity fell amid increased uncertainty, after rising markedly in January. The production index plummeted more than 21 points to -9.1. The new orders index declined more than 11 points to -3.5, after January’s reading was the highest since April 2022. The capacity utilization index dropped nearly 14 points to -8.7, while […]
Tenth District Manufacturing Contracts Modestly in February
Manufacturing activity contracted modestly in the Tenth District in February, with the month-over-month composite index remaining unchanged at -5. Meanwhile, expectations for future activity remained positive. The Tenth Federal Reserve District encompasses the western third of Missouri; all of Kansas, Colorado, Nebraska, Oklahoma and Wyoming; and the northern half of New Mexico. The month-over-month decrease […]
