Newsroom: Industry News
As we begin the second half of 2017, indicators continue to provide mixed messages about the current state of the U.S. economy. On the one hand, the labor market continues to show signs of strength, and the overall outlook for the international economy remains strong. The Federal Reserve has focused on those positive developments as it pursues normalization for monetary policy, both in interest rates and in the size of its balance sheet. Yet, other data points suggest that there is a lot of room for improvement for manufacturing activity.