Productivity Gains Accelerate

Labor productivity increased 3.0 percent during the third quarter of 2017, the U.S. Bureau of Labor Statistics reports, as output increased 4.1 percent and hours worked increased 1.1 percent.

The productivity increase was the largest since the third quarter of 2014, when output per hour increased…

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Is the Economy Reaching a Peak?

A key “look ahead” reading of the U.S. economy declined in September. Should we be worried?

According to a new report, The Conference Board said that its Leading Economic Index (LEI) for the U.S. declined 0.2 percent in September to 128.6 (2010 = 100), following a 0…

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Education and Optimism

The level of education an American has attained is a good predictor of how optimistic, (or pessimistic) he or she is about succeeding in the 21st century economy, according to a new national survey developed by public relations firm Burson-Marsteller.

According to “Making it in America: The View from…

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Get Ready for Manufacturing Day 2017!

Manufacturing Day is observed on the first Friday in October, so mark your calendars.

Really, doesn’t it seem a bit old-school communist that we have a Manufacturing Day? Nonetheless, we do, so let’s look at U.S. manufacturing as of 2017.

For one thing, we all know…

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Construction to Increase to $1.6 Trillion in 2021, Short of Bubble High

US construction expenditures are forecast to reach $1.6 trillion in 2021, according to a report recently released by Freedonia Focus Reports.

Contractors stand to benefit from continued gains in the number of households; household incomes; and business, nonprofit organization, and government investment.

Residential building construction is projected to outpace…

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