ABC reported increases in all three subcategories: natural gas, unprocessed energy materials and crude petroleum.
Latest In Economic Trends
Consumption decreased month-to-month, following a healthy gain in August.
Inventories decelerated from identical increases of the previous three months, while sales had a modest acceleration.
Hurricanes Francine, Helene and Milton hampered housing starts in September and October in the South, while the Northeast also struggled.
It followed similar declines in September, hampered by the machinists' strike at Boeing and the effects of multiple hurricanes.
A new labor department report shows workplace injuries and illnesses dropped to their lowest levels since 2003.
The company said it is preparing to adjust pricing and supply chains to mitigate the impact of Trump administration tariffs.
Monthly wholesale inflation increased modestly in October month-to-month year-over-year, following an increase in consumer prices.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
September orders expectedly had a boost from the biennial IMTS event, but less than usual.
September inventories were down 0.2% from August, and down year-over-year.
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
A second straight monthly increase put the total at a healthy increase both year-over-year and year-to-date.
The PMA report shows that metalforming manufacturers are approaching the next months with caution, due to economic uncertainty.
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
Orders rose 0.4% when excluding aircraft and autos.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
