News
April retail sales gain momentum despite inflation and weak consumer sentiment
1+ hour, 17+ min ago (327+ words) United States retail sales saw both sequential and annual gains in April, according to data issued today by the United States Department of Commerce's Census Bureau. Total April retail sales, at $757. 2 billion were up 0. 5%, from March to April, and rose…...
Descartes points to U. S. import decline amid tariff pressure and global supply chain volatility
3+ day, 1+ hour ago (426+ words) Logistics Management Descartes points to U. S. import decline amid tariff pressure and global supply chain volatility The new edition of the Global Shipping Report, which was recently issued by Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, pointed…...
Federal Reserve holds rates steady for fourth straight meeting as inflation risks persist
2+ week, 2+ hour ago (609+ words) The Federal Reserve said yesterday it has again paused the target range for the federal funds rate, set by its Federal Open Market Committee (FOMC), at its current level of 3. 5% to 3. 75%. This marks the fourth straight time the Fed has…...
One year after "Liberation Day," tariffs reshape global trade landscape
1+ mon, 1+ week ago (213+ words) The date April 2, 2025, known in the global trade environment as "Liberation Day," hit its one-year anniversary yesterday. Liberation Day marked the implementation of tariffs on United States global trading partners, under the International Economic Emergency Powers Act (IEEPA). Another pronounced…...
Manufacturing output declines for 10th consecutive month, reports ISM
4+ mon, 1+ week ago (263+ words) Manufacturing activity saw contraction in December, for the 10th consecutive month, according to the new edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The report's benchmark reading, the PMI, came in…...
March Services PMI signals continued growth as costs and global tensions weigh on outlook
1+ mon, 1+ week ago (370+ words) Services economy growth continued to grow in March, according to the new edition of the Services ISM Report on Business, which was released today by the Institute for Supply Management (ISM). The March Services PMI, at 54. 0 (a reading above 50represents expansion…...
Hiring slows down as tariffs and costs weigh on manufacturers
1+ mon, 2+ week ago (517+ words) logisticsmgmt. com Hiring slows down as tariffs and costs weigh on manufacturers U. S. manufacturing is under pressure, with job losses mounting as tariffs, rising costs, and ongoing uncertainty continue to weigh on hiring and investment. We spoke with Vinny Licata, Head…...
ISM report highlights manufacturing growth, for second straight month, in February
2+ mon, 1+ week ago (12+ words) logisticsmgmt. com...
Services sector remains in low-growth mode in July, reports ISM
3+ mon, 1+ week ago (388+ words) Growth remained intact in the services sector for the second consecutive month in July, expanding for the 12th time in the last 13 months, according to the new edition of the Services ISM Report on Business, which was released this week by…...
Manufacturing returns to growth, for the first time in nearly a year, reports ISM
3+ mon, 1+ week ago (258+ words) Manufacturing output came in on the right side of growth in January for the first time in 12 months that were preceded by 26 months of contraction, according to the new edition of the Manufacturing Report on Business, which was issued today…...