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In The News:

Economic Trends

Manufacturing Technology Orders Up in January

January was one of the top two starts to a year in over 22 years of USMTO reporting.
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Canadian Building Permits Decrease 5.5% in January

Lower construction intentions for commercial buildings were responsible for the national decline.
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Construction Spending Down in December

Public construction spending was 0.6% below the revised November estimate.
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Manufacturing Grew at a Slower Pace in February

At 54.2, the PMI decreased 2.4% from the January.
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HARDI Distributors Report 4.4% Sales Increase in January

Annualized growth through January was 10.4%.
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Chicago Fed National Index was Down in January

The CFNAI Diffusion Index decreased slightly to +0.09 during the month.
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The Conference Board: U.S. LEI Down Slightly

Group forecasts decelerating GDP growth by the end of 2019.
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GDP by Industry Statistics: Real GDP Up 3.4% in Third Quarter

Wholesale trade, information, and finance and insurance were the leading contributors to the increase in U.S. economic growth in the third quarter of 2018.
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PTDA’s Industry Research Reports Growth in 4Q18

The PTDA Manufacturer Index annual average was up 7.3 percent year over year in December.
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HARDI Distributors Report 3.6% Sales Increase in December

Annualized growth through December was 11.4 percent.
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