We have been here before—a possible government shutdown. The good news is that government contractors are now resilient to these events, and most have contingency plans in place. But those new to government contracting need to develop a robust plan. How we got here Congress must enact appropriations ... READ MORE >
“Future lunar economy” has companies running a new space race
During second-quarter earnings calls, space company executives discussed the market expansion that the new space race is driving. Governments and the private sector are investing in projects to secure rare metals and resources found on the moon, which can be used in new technology and further sustainable ... READ MORE >
Defense tech companies see an easing labor market
During second-quarter earnings calls, defense technology executives highlighted an improved supply chain alongside easing labor constraints. Fixed-price development programs continue to give management teams headaches as estimating contract performance remains difficult. Executives remain diligent in ... READ MORE >
Temporary staffing continues to decline
August marked the third straight month that temporary U.S. employment declined, falling by 6.1% year-over-year. This is the largest year-over-year decline in the past eight years, excluding April 2020 to December 2020, which was the height of the pandemic. Total employment increased 2% year-over-year ... READ MORE >
Financial conditions and the cost of doing business: A webinar from RSM US and the U.S. Chamber of Commerce
Rising interest rates have taken a toll on the middle market businesses that make up America's real economy. Yet demand for labor remains strong, consumers continue to spend and inflation is easing. How to make sense of the cross-currents in America's real economy? Join RSM Chief Economist Joe ... READ MORE >
Space companies wary about the economy
During first-quarter earnings calls, space executives were concerned about economic factors affecting cash flow during a period of high investment in manufacturing. Executives also highlighted how the changes in consumer behavior are affecting the market. Companies plan to meet changing demands through ... READ MORE >
Defense tech companies see new opportunities
During 2023 first-quarter earnings calls, defense technology executives focused on positioning their companies to meet anticipated macro shifts in the market and continued growing international demand. Defense technology companies want to invest in future development, but only if the risk is balanced ... READ MORE >
Economic headwinds and your business: A webinar from RSM US and the U.S. Chamber of Commerce
American middle market businesses are facing a rapidly changing economic and political landscape, from raising the nation's debt ceiling to tightening credit conditions and persistent inflation. How to make sense of it all? Join RSM Chief Economist Joe Brusuelas and U.S. Chamber of ... READ MORE >
Rising risk and your business: A webinar from RSM US and the U.S. Chamber of Commerce
American middle market businesses are facing fraught times, characterized by tightening financial conditions, a shortage of workers and rising political tensions. How to make sense of it all? Join RSM Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley ... READ MORE >
President Biden’s 2023 budget: New and old tax proposals require perspective—and awareness
Key takeaways from RSM’s analysis of the tax proposals in President Biden’s 2023 budget proposal: The budget proposal and its proposed tax changes amount to an aspirational list; they are not drafted legislation. Proposed international tax reforms show commitment to implementing the OECD minimum ... READ MORE >