AI’s Electricity Demand Means Cool New Tech Is Coming to Boring Grids

Published on January 28, 2025

Bosses at artificial intelligence companies aren’t worried about the end of the world or the start of government regulations. Their biggest worry is more mundane: finding enough electricity to keep servers running at data centers.

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Consumer Confidence Falls Further in January

January 28, 2025
The Conference Board's Consumer Confidence Index® fell further in January, dropping for a second straight month. The index decreased to 104.1 this month from December's upwardly revised 109.5. This month's reading was lower than the 105.7 forecast.

Richmond Fed Manufacturing Activity Remained Soft in January

January 28, 2025
Fifth district manufacturing activity  remained soft in January, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose to -4 this month from -10 in December. This month's reading was better than the forecast of -13 and is the highest reading since May.