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Latest In Economic Trends
ABC reported a major rise in the iron and steel commodity price, likely driven by tariffs that have given domestic producers greater pricing power.
The monthly PPI went unchanged in February following considerable increases in January and December, driven by a decline in final demand services.
The CPI trailed economists’ expectations, and did not capture the potential impact of tariffs on consumers.
Despite some uncertainty, NetPlus Alliance members remain optimistic about growth in 2025, according to the group's latest Industry Outlook report.
January's report had mixed performance signals amid global trade uncertainties.
January wholesale sales showed a monthly decline that nearly negated December's strong growth, while nventories surged after sliding for four straight months.
This comprehensive report is a guide to the industrial economy for wholesale distribution executives, providing a historical, current and future snapshot of numerous key economic indicators in one convenient place in a scannable format.
January had a modest sales increase, continuing growth following December’s spike.
Government data showed a slight decrease in January spending month-to-month, following a healthy 0.5% increase in December.
The overall reading remained in expansion territory after nine straight months of contraction that ended in January.
The U.S. Bureau of Economic Analysis reported a rise in personal income for January, while personal outlays and consumption expenditures saw a decline.
The U.S. Census Bureau’s report showed a substantial gain in wholesale inventories following a four-month slide.
Meanwhile, Trump said Thursday that the broader 25% tariffs on goods from Canada and Mexico remain set to begin March 4.
U.S. durable goods orders had a health rise in January after declining in four out of the five previous months.
The survey showed U.S. consumer sentiment continued to decline in February, reporting the highest year-ahead inflation reading since November 2023.
U.S. cutting tool consumption declined in December as economic uncertainties and a stagnating aerospace market shape a slower recovery in 2025.
Industrial production increased in January, driven by gains in utilities and business equipment despite declines in manufacturing and mining.
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Wholesale prices remained particularly elevated in January, driven by increases in both final demand and core prices.
