U.S. manufacturing contracts again but may be on the verge of a rebound

BY H. Will Racke The U.S. manufacturing sector contracted again in February — but showed signs of future renewed strength due to improving production and new orders. The Institute for Supply Management’s latest report showed that its purchasing manager’s index (PMI), a composite indicator of manufacturing activity, rose to 49.5 from 48.2 in January. That […]

Workers quitting their jobs like it’s 2007

By Katie Murar A government report issued Tuesday signaled that employers and their workers grew more confident in the health of the labor market in December — and raised the possibility that wages may be due for an increase. The Job Openings and Labor Turnover Survey, released each month by the U.S. Labor Department to […]