The World Trade Organization (WTO) today lowered its projection for global trade growth in 2013 as the economic slowdown in Europe continues to drive down demand. However, U.S. trade performance is expected to be relatively strong this year. Read More
As part of last month's ceremony announcing a brand-new Carbon Fiber Technology Facility at the Oak Ridge National Laboratory in Tennessee, which we wrote about last week, the Dept. of Energy also revealed five winners of a total of $23.5 million in grant money and investment in innovative manufacturing research projects. The five new awardees of DOE grants are:
- Colorado School of Mines, Golden, Co.
- Ford Motor Co., Dearborn, Mich.
- Novomer Inc., Ithaca, N.Y.
- TIAX LLC., Lexington, Mass.
- University of Texas-Austin, Austin, Tex.
Despite recent job creation, small business owners say that they will cease hiring in the near future, according to the latest Small Business Economic Trends report released by the National Federation of Independent Business. Owners also revealed that a key challenge is finding qualified workers. Read More