Economy

Infographic highlights key findings from 2017 State of the Industry report.

North American market again increases by nearly 10%, selling more than a quarter million units.

Commerce reports U.S. retail and food service sales for January were down 0.3% compared to December at $492 billion, but were up 3.6% compared to January 2017.

The report reflects data and sentiments from more than 500 contract warehousing operations, nearly 400 contract customers, and 10 public warehousing operations.

President and CEO Jay Timmons to meet leading manufacturers, elected officials, parents and students while visiting manufacturing facilities across nation.

Report details a strong 2017, zeroing in on industrial vacancy rate and rents.

The report’s key metric, the PMI, was 59.1 in January, down 0.2% from December’s reading. This marks the 17th straight month that the PMI has grown, with the overall economy growing for the 104th consecutive month.

Businesses are expected to make their largest capital investments since 2012.

Commerce reports December retail sales up 0.4% from November at $495.4 billion along with a 5.4% annual gain.

The report’s key metric, known as the PMI, was 59.7 (a reading of 50 or higher indicates growth) in December, which was 1.5% ahead of November’s 58.2. This marks the 16th straight month that the PMI has grown, with the overall economy growing for the 103rd consecutive month. The December PMI is 2.1% ahead of the 12-month average of 57.6.

Older measures like productivity, quality, and service still apply, but digital transformation promises to 'change everything' about how manufacturers and retailers plan, procure and fulfill.

Double-digit growth, in units and dollars, sets records in the areas of robotics, machine vision, motion control, and motor technology.

Award recognizes Taylor’s role in launching a groundbreaking omni-channel platform, as well as efforts to support education and advancement of women professionals.

3PL operators and facility owners are benefiting from a rapidly rising rate of product returns, as many retailers outsource reverse logistics operations to cut costs and gain maximum efficiencies.

As in May, the economic forecast paints an optimistic picture for ongoing economic growth as part of the recovery that began in mid-2009.