Economy

Federal Mediator to Meet With USW and ATI
Written by Sandy Williams
September 2, 2015
The USW plans to meet with Allegheny Technologies Inc. and a federal mediator in Pittsburgh on Sept. 11 and 12. ATI locked out its 2200 steelworkers August 15 after contract talks broke down.
The USW claims the lockout was unlawful and has been ”pursuing all legal remedies that are available.”
The union in communication with the Federal Mediation and Conciliation Services (FMCS) since the beginning of negotiations.
According to a union update, the USW has received no straight answer on whether ATI has modified their “Last, Best and Final Offer.”
“We have decided to meet again with ATI in an attempt to reason with the company and encourage them to step back from the destructive path they have chosen and bargain a fair agreement with the union,” said the USW.

Sandy Williams
Read more from Sandy WilliamsLatest in Economy

Architecture firm billings remain down in January
Architecture firms continued to report a sharp reduction in billings in January, according to the latest Architecture Billings Index (ABI) released by the American Institute of Architects (AIA) and Deltek.

New York state manufacturing rebounds in February
Business activity in New York state’s manufacturing sector recovered nicely in February after a sharp decline the previous month, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York. The general business conditions index rose 18 points to 5.7. This is a diffusion index, where a positive reading signifies […]

Dodge Momentum Index jumps to record high in January
The Dodge Momentum Index (DMI) rose to a record high in January, according to the latest data released by Dodge Construction Network.

CRU: China hits back with retaliatory tariffs on US
Targets include coal, liquified natural gas, crude oil, and other commodities

ISM: Manufacturing expands in January for first time in years
Following more than two years of contraction, US manufacturing activity rebounded in January according to the Institute for Supply Management.