Industrial robot sales increased 11% last year in North America, up by 44,200 units.

Spiraling towards levels only seen during the 2008 financial crisis, US household debt has increased by $320 billion in the last 3 months of 2022.

There are several possible explanations for why inflation could be high despite weak economic growth and low unemployment, including the near-constant supply chain disruptions.

Along the Great Lakes to the Mississippi River, Wisconsin’s unique topography is often overlooked in terms of ports.

Overall, while rising inflation and interest rates can put pressure on consumer spending, other factors such as consumer confidence, supply chain disruptions, shifts in spending patterns, and sector-specific factors can contribute to a jump in retail sales.

It's likely that electric trucks will be introduced in urban areas and cities first, where there is a higher demand for sustainable and efficient transportation options.

It’s a strange conundrum, indeed. Economists are scratching their heads at a 3.4% unemployment rate while the rest of the economy teeters on the edge.

Federal Reserve Chair Jerome Powell claims that the strong job market has made The Federal Reserve’s efforts to stifle inflation difficult, even after many rounds of interest rate hikes.

What does this mean for you?

When small businesses are significantly impacted by burdensome regulations, they may organize and advocate for change.

The DOT has been issuing rounds of federal grants for highway repair, and some critics have accused the Biden Administration of sidelining projects meant for expanding highly congested areas, such as the 26-mile section of the I-10 between Phoenix and Tucson, Arizona.

President Joe Biden was a regular on the Amtrak train from Delaware to Washington D.C. when he served as a U.S. senator.

And no, not the kind with wings.

Some people view capitalism as the foundation of the American economic system and believe it is responsible for the country's prosperity and success.

The job market has been cooling off and inflation seems to be on the decline, signaling that the Federal Reserve may be less inclined to raise interest rates again and again, mirroring the increases of 2022.

The imposed “cap” on the federal government’s debt has been increased over and over again over the last sixty years.

Despite rising interest rates and a (possibly?) looming recession, the manufacturing sector is ready to invest in new equipment and technology to improve its operations this year.

In a move that introduced the largest dedicated investment in highway bridges since the highway system was in development, the US Department of Transportation’s Federal Highway Administration (FHWA) has announced the distribution of nearly $40 billion over the upcoming five years.

The U.S. Federal Reserve’s latest interest rate hikes have good intentions… but the immediate effect feels like the opposite.

The U.S. Department of Energy must be feeling generous after a commitment of $750 million to assist in lowering the cost of lower the cost of hydrogen technologies for heavy-truck fuel cells, hydrogen delivery, and hydrogen storage.