U.S. Economy Grew By 5.7% Last Year Its fastest pace since 1984, rebounding from a sharp but brief coronavirus-induced recession in March 2020. The nation’s gross domestic product, a measure of all goods and services produced, expanded by 5.7% in 2021, the Commerce Department reported on January 27. Growth accelerated even faster during the period… Read More
O’Neal Steel January Market Informer
U.S. Manufacturing Rising Several enormous, almost outrageous U.S. manufacturing expansion plans erupted in 2021. In March, Intel Corp. announced that it would construct two new computer chip factories at an investment of $20 billion. Six months later, the manufacturer broke ground on that promise. In April, Nacero Inc. said it would build a lower carbon… Read More