News
Durable Goods Manufacturing Posts Gains; Nondurables Slip
Industrial production fell 0.1% in November after declining 0.4% in October. On the other hand, manufacturing output rose 0.2%, with a 3.5% gain in the motor vehicles and parts index leading the increase. Despite the end of the Boeing worker strike in early November, aerospace and miscellaneous transportation equipment output declined 2.6%, largely because of […]
DOE LNG Study Misses the Mark
urging President Trump to reconsider the Biden administration’s misguided findings regarding new liquefied natural gas export permits, following the release of a Department of Energy study claiming that increased permit numbers would have negative effects on the nation. What’s going on: The Department of Energy’s analysis, released Tuesday, holds “that ‘unfettered’ shipments of the fuel …
NAM to EPA: Revise October PFAS Rule
told the agency recently. What’s going on: In October, the EPA published draft rules that would add 16 individual PFAS and 15 PFAS categories representing more than 100 individual PFAS to its Toxic Release Inventory, a list of potentially hazardous chemical release and waste management activities taking place in the U.S. Companies producing or manufacturing …
Import Prices Edge Up in November, Fueled by Higher Energy Costs
U.S. import prices advanced 0.1% in November, the same as the previous month and led by higher fuel prices. Over the past year, import prices rose 1.3%, the largest year-over-year increase since July 2024. U.S. export prices were unchanged, following a 1.0% increase in October. Higher nonagricultural prices offset lower agricultural prices. Over the past […]
Small Business Optimism Hits Two-Year High in November
The NFIB Small Business Optimism Index rose eight points in November to 101.7, the highest rating since June 2021 and finally rising above the 50-year average of 98 after 34 consecutive months below the average. Of the 10 components included in the index, nine increased and one was unchanged. After October’s record high of 110, […]
Services Drive PPI Growth, While Goods Prices See Modest Rise
The Producer Price Index for final demand (also known as wholesale prices) increased 0.4% in November, after rising 0.3% in October. Over the past year, the final demand index rose 3.0% on an unadjusted basis, which is the largest increase since the year-over-year increase in February 2023 of 4.7%. Prices for final demand excluding foods, […]
Transportation Costs Stabilize, Motor Vehicle Insurance Still Surges
Consumer prices increased 0.3% over the month and 2.7% over the year in November, rising from the 2.6% over-the-year increase in October. Core CPI, which excludes more volatile energy and food prices, stayed the same at a 3.3% over-the-year increase and rose 0.3% over the month, which has been the monthly increase for four consecutive […]
Factory Shipments Continue to Decline, Despite Nondurable Goods Growth
New orders for manufactured goods rose 0.2% in October, after falling the previous two months. When excluding transportation, new orders edged up 0.1%. Orders for durable goods rose 0.3% after falling 0.4% in September. Year to date, durable goods orders are down 0.8%. Nondurable goods ticked up 0.1% in October after declining 0.1% in September. […]
