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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.
Recently formed bearings and power transmission supplier names former COO and CFO Lisa Mitchell as its chief executive.
Electrical distributor promotes Andrew C. Ipson to key sales leadership role.
Auburn Bearing & Manufacturing president says the acquisition “aligns with our strategy to expand our product offerings.”
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.
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.
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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.
NOW Inc., which reported a loss of $427 million for the year, also saw revenue sink 45.1% in in 2020.
All Northern Composite employees are staying on and the company will continue to operate at its existing facilities in Hampton, New Hampshire (headquarters), and Greensboro, North Carolina.
