Orders for Manufactured Goods Rose 1.2% in August
Washington, DC, October 4, 2021-New orders for manufactured goods in August, up fifteen of the last sixteen months, increased $6.2 billion or 1.2% to $515.7 billion, the U.S. Census Bureau reported.
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U.S. to Launch Trade Talks with China, Tariffs to Remain in Place
New York, NY, October 4, 2021—The U.S. plans to launch new trade talks with China, but will maintain tariffs on Chinese imports as it presses Beijing to fulfill pledges to buy more U.S. goods and services, according to Biden administration officials, reports the Wall Street Journal.
Broader Sources of Inflation Surfacing
New York, NY, October 4, 2021—While many pandemic-driven price pressures are easing, broader sources of higher inflation are replacing them, reports the Wall Street Journal.
Health & Safety Accommodations Highly Valued as Offices Re-Open
Montclair, NJ, October 4, 2021—The McMorrow Reports discusses the balance corporations must strike as they welcome employees back to the office, yet also support them in hybrid work.
ICFF & WantedDesign Manhattan Holding Event in November
New York, NY, October 4, 2021)-ICFF, a platform for contemporary furnishing design, and WantedDesign Manhattan, a trade event for high-end North American studios and international emerging designers, will return to the Javits Center November 14 and 15.
Consumer Spending Accelerated in August
Washington, DC, October 1, 2021- Personal income increased $35.5 billion (0.2%) in August, according to estimates released by the Bureau of Economic Analysis.
Consumer Sentiment Rose 3.6% in September
Ann Arbor, MI, October 1, 2021-Consumer sentiment rose 3.6% to 72.8 in September, according to final results from the University of Michigan Survey of Consumers.
Construction Spending Flat at $1.6B in August
Washington, DC, October 1, 2021—Construction spending during August 2021 was estimated at a seasonally adjusted annual rate of $1,584.1 billion, virtually unchanged from the revised July estimate of $1,584.0 billion, according to the U.S. Census Bureau.
Hardwood Flooring Imports from China Tapered Off in July
Sterling, VA, October 1, 2021-- The hot streak of U.S. imports of hardwood flooring ended in July, reports the Decorative Hardwoods Association.
Purchasing Managers' Index Posted Expansion to 59.9% in August
Tempe, AZ, October 1, 2021-The August Manufacturing Purchasing Managers’ Index (PMI) registered 59.9%, an increase of 0.4 percentage point from the July reading of 59.5%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.