The U.S. economy grew at a modest pace in the past few weeks, with manufacturing rocked by a global slowdown according to the Federal Reserve. The ongoing trade war between the U.S. and China appears to be weighing on business according to the U.S. central bank’s latest Beige Book compendium. However, many businesses also remain […]
Safety Habits Outside of the Workplace Embed from Getty Images Have you ever watched someone walk out of the supermarket, and without even looking for vehicles, step right into the parking lot and begin walking towards their car? I think we’ve all witnessed this a time or two. Maybe there are a few of us […]
Economic News U.S. employers added 164,000 jobs in July, as the unemployment rate held steady at 3.7%. This is a little lower than the 165,000 jobs analysts expected. The Architecture Billings Index score for June as 49.1, down from the 50.2 reading in May. Any score below 50 indicates a decrease in billings. The July […]
U.S. Economy The U.S. added 224,000 jobs in June, an indication of the economy’s durability after more than a decade of expansion. This is after a weak job growth of just 72,000 in May. The unemployment rate ticked up to 3.7%, up from 3.6% the previous month. Billings at architectural firms were essentially flat in […]
LEAN Manufacturing LEAN manufacturing has many definitions. Here at Metalwest, we define LEAN as, “The systematic method to identify and eliminate waste by flowing the product at the pull of the customer.” Let’s look at these underlined elements: Systematic Method Everything in LEAN is a system – a system that can be analyzed, […]
The Federal Reserve hinted they would cut interest rates if the U.S. trade war threatens the decade-long expansion at a summit this week. The U.S. economy will mark 10 years of expansion in July, the longest on record. However, rising trade tensions between the U.S. and China have put a chill on U.S. businesses’ spending […]
The U.S. economy picked up steam in the first quarter of 2019, according to the Commerce Department. Gross domestic product grew at an annual rate of 3.2% in the first three months of the year, up from 2.2% the end of 2018. U.S. employers added 263,000 jobs in April while the unemployment rate dropped to […]
The U.S. job market bounced back in March after a lackluster performance in February. There were 196,000 jobs added in March, this is the 102nd straight month of job gains. The unemployment rate was at 3.8% for March, unchanged from the previous month. February’s Architecture Billings Index score was 50.3, down from 55.3 in January. […]
The U.S. economy matched its best performance since the Great Recession of 2007-2009 last year. The nation’s GDP increased at a rate of 2.6% in the October-December period. That followed an average of 3.7% the prior two quarters. For the year, the economy grew 2.9%. This is the highest performance since 2015. U.S. job growth […]
Economic News President Trump delivered his State of the Union address Tuesday night. And while reviews were mixed, the facts on the U.S. economy speak for themselves. According to CBS News, some key measures of the economy’s performance for 2018, include: The economy grew at its fastest rate in 13 years Job creation has been […]
Metalwest is one of the nation’s leading metals service centers, focused on processing and distributing non-ferrous and carbon flat-rolled products.
