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Survey Shows Small Business Confidence Increasing

Thursday, 27 April 2017  |  Chris Guy

The second annual Allstate/ Small Business Barometer finds increasing optimism and innovation among small business owners, despite the rising cost of ...

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Industry Headlines

Metso Providing Valves for Oman Petrochemical Complex

19 HOURS AGO

Metso will supply 400 Neles emergency shutdown (ESD) valves for an ethylene cracker as part of the new Liwa Plastics Industrial Complex (LPIC) Project in Sohar, Oman. The new complex will process light ends produced in Orpic's Sohar Refinery and its aromatics plant as well as optimize natural gas li...

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Curtiss-Wright Earns Safety Award for Third Year in a Row

20 HOURS AGO

A Curtiss-Wright facility located in Chanhassen, MN, received a Governor’s Safety Award for superior performance in workplace safety and health as part of the Minnesota Governor’s Safety Awards. The Chanhassen site produces Exlar electric actuators and earned this award by reporting better...

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East Coast Refiners Eye Texas as Alternative to North Dakota

16 HOURS AGO

“Major U.S. East Coast refiners profited from railing hundreds of thousands of barrels of discounted Bakken crude to their plants daily from 2013 until 2015. But as more and more pipelines were built in North Dakota, the discount began to disappear, and so did the rail cars,” Reuters repor...

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Wind Energy Growing Nine Times Faster Than Overall Economy

1 DAY AGO

American wind power added jobs over 9 times faster than the overall economy amid robust growth for another year, according to the American Wind Energy Association (AWEA), which just released its annual report. Installing over 8,000 MW of new wind power for a second straight year, the U.S. industry inv...

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Survey Shows Small Business Confidence Increasing

-1 DAYS AGO

The second annual Allstate/ Small Business Barometer finds increasing optimism and innovation among small business owners, despite the rising cost of doing business. Nine in 10 local entrepreneurs say the benefits of owning a business outweigh the challenges. This year’s Barometer found that, ...

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Durable Goods Orders Up 0.7% in March

-1 DAYS AGO

New orders for manufactured durable goods in March increased $1.6 billion or 0.7% to $238.7 billion, the U.S. Department of Commerce announced today. Economists were anticipating an increase of 1.2%. This March increase , the third consecutive, followed a 2.3% February increase.

Excluding transportatio...

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AGC: Commercial Construction Spending Dips Slightly in July

Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak, according to an analysis of new federal data by the Associated General Contractors of America (AGC). Association officials said they expect the disparity between private and public construction to persist unless Washington acts to fix infrastructure funding challenges and pass long-delayed measures.

Power and energy construction fell for the fifth month in a row in July, by 1.4% compared with June, but the total still rose 21% from a year ago, thanks in part to oil and gas activity. Manufacturing construction, which shrank 2.1% for the month but was 17% higher than in July 2011, should resume growing in the coming months.

Public construction remains plagued by budget woes, especially for local governments and school districts. Street construction spending inched down 0.3% in July but was up 5.2% over 12 months, while educational construction spending decreased 0.6% and 5.0% respectively. Other public segments dipped 0.2% for the month and 0.8% year-over-year.

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