manufacturing Archives - Daily Business Journal

Tariff Pause Brings Euphoria—and Uncertainty—to the U.S. Economy

Reading Time: 2 minutesPresident Donald Trump’s decision today to implement a 90-day pause on most newly enacted tariffs—with China notably excluded—sent financial markets soaring. The S&P 500 jumped more than 7%, and oil prices climbed over 3% as investors briefly exhaled after weeks Read more…

Economic Index Jumped for the US in August

Reading Time: 2 minutesThe Conference Board Leading Economic Index® (LEI) for the U.S. increased 1.2 percent in August to 106.5 (2016 = 100), following a 2.0 percent increase in July and a 3.1 percent increase in June. “While the US LEI increased again in August, the Read more…

New Vehicle Costs Up In July 2020, 2 Per Cent Year-Over-Year

Reading Time: < 1 minuteKelley Blue Book reports: “The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,378 in July 2020. New-vehicle prices increased $749 (up 2%) from July 2019, while decreasing $473 (down 1.2%) from last month. “‘While up from Read more…