- News
Year-over-year, the goods and services deficit increased $23.8 billion, or 53.7%, from January 2020.
Latest In Economic Trends
- News
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 22 to Feb. 26 increased 13% as the PRI nears its one-year anniversary and, therefore, its conclusion.
- News
The seasonally adjusted Fastener Distributor Index (FDI) for February was 66.1, up from 57.7 in January.
- News
Construction spending for the first month of 2021 was also up 1.7% from the previous month of December 2020.
- News
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in January.
- News
The February PMI registered 60.8%, up 2.1% from the January reading of 58.7% and marking a ninth consecutive month of expansion.
- News
Association also reports that the average annual sales growth for the 12 months through January 2021 for HARDI distributors is 4.8%.
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Increase of manufactured durable goods is the ninth in a row since May 2020; this growth period was preceded by two decreases during the height of the coronavirus crisis.
- News
Current dollar GDP increased 6.1% at an annual rate, or $317.6 billion, in the fourth quarter to a level of $21.49 trillion
- News
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 15 to Feb. 19 decreased 7.2%, the first decline in weeks likely due to inclement weather nationwide but especially in Texas.
- News
Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in January, but three categories decreased from December.
- News
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 8 to Feb. 12 increased 5%, returning to the normal growth trend of mid-single-digit improvement.
- News
But housing starts down compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
- News
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 1% during the month, about the same as its average gain over the previous five months.
- News
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 1 to Feb. 5 increased 14.1%, continuing a normal growth trend.
- News
Wholesale trade shows improvement from same month in 2019 and from the previous month of November, according to the latest report from the U.S. Census Bureau.
- News
And new orders placed in December marked a 40% increase from the previous month, according to the most recent U.S. Manufacturing Technology Orders report.
- News
For the full year, the goods and services deficit increased $101.9 billion, or 17.7%, from 2019.
- News
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 25 to Jan. 29 increased 6.4%, continuing a normal growth trend.
- News
The seasonally adjusted Fastener Distributor Index (FDI) for January was 57.7, down from 62.6 in December.
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