Posts for June 24, 2010

IEA: CHINA, INDIA TO BOOST OIL DEMAND

June 24, 2010 – Late Wire from Manufacturing.net
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries, International Energy Agency said ... continue

DURABLE GOODS ORDERS DROP IN MAY

June 24, 2010 - Today in Manufacturing.net
Factory orders for durable goods fell 1.1 percent last month, but that was largely the result of a drop in demand for commercial aircraft... continue

FED TO KEEP RATES LOW

June 24, 2010 – Late Wire from Manufacturing.net
To support the fragile economic rebound, the Federal Reserve is leaving interest rates at record lows and will keep them there for an 'extended period' ... continue

SURVEY: GERMAN CONSUMER CONFIDENCE STABILIZES

June 24, 2010 – Today in Manufacturing.net
German consumer confidence is stabilizing but people remain wary that budget cuts will have a negative impact on their personal finances, a survey showed ... continue

FEATURE: GETTING DEMAND SIGNALS AT THE SPEED OF LIGHT

June 24, 2010 – Late Wire from Manufacturing.net
There are three areas where you can improve the speed and accuracy of demand signals in order to make critical merchandising, inventory, and manufacturing decisions ... continue

GM WANTS BANKS TO FINANCE SUBPRIME BUYERS

June 24, 2010 – Late Wire from Manufacturing.net
General Motors is looking to boost auto sales by lining up banks and other financial institutions to make loans and lease deals for subprime buyers ... continue

JOBLESS CLAIMS FALL BUT REMAIN AT ELEVATED LEVELS

June 24, 2010 – Today in Manufacturing.net
Initial claims for jobless benefits fell by the largest amount in two months last week, but remain above levels consistent with healthy job growth... continue

SURVEY: U.S. CEOS PLAN TO BOOST HIRING

June 24, 2010 – Today in Manufacturing.net
New survey shows number of CEOs planning to ramp up hiring is highest since mid-2007, suggesting companies are growing more confident about economic recovery... continue

CENSUS: WITH JOBS SCARCE, MANUFACTURING CITIES DECLINE

June 24, 2010 – Today in Manufacturing.net
Hurt by still-sluggish economy, Rust Belt cities and other U.S. manufacturing regions are suffering the biggest population losses as people move elsewhere in search of jobs ... continue