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Manufacturing Index Falls in August

September 4, 2015 |

U.S. factory activity grew in August at its slowest pace for more than two years, a sign that turmoil overseas and a strong dollar are restraining the domestic economy.

The Institute for Supply Management’s manufacturing purchasing managers index, released Tuesday, … Read More

Construction Spending Up, But Unevenly Spread Around the Country

September 3, 2015 |

The construction industry, which suffered so much because of the recession, seems to be in a sustained growth mode now. The Census Bureau reported on Tuesday that U.S. construction spending during July 2015 came in at an annualized rate of … Read More

China subsidiary CW Bearing to build new U.S. HQ in Northville Township

September 3, 2015 |

CW Bearing USA Inc. will invest $25.9 million to build a new U.S. headquarters and technical center in Northville Township, Gov. Rick Snyder’s office announced Monday.

Snyder made the announcement after returning from an eight-day trade … Read More

August Auto Sales: Fiat Chrysler and Ford Jump; GM Dips

September 2, 2015 |

FCA US LLC (Fiat Chrysler) and Ford Motor Co. today reported single-digit sales increases for the month of August over last year, while GM saw a slight decline.

FCA reported a 2 percent increase in sales (201,672 units), marking the … Read More