The need for energy storage is increasing as electricity demand rises rapidly in the U.S., with one estimate from the Solar Energy Industries Association expecting the battery market to grow by 21% this year.
Wholesale inventories ticked up just 0.2% in December compared to the month before. It’s a sign inventories have stabilized since widespread tariffs were enacted last year.
The small suburban city is often referred to as ‘Katyzuela’ because of its large Venezuelan population. Its residents are feeling the effects of Trump administration policies on Venezuelan oil and immigration.
The U.S. imported more goods and services than it exported — around $70 billion worth — in December, according to new data from the U.S. Bureau of Economic Analysis.