Investors, governments and contractors are optimistic about the technological and business potential of outer space. … READ MORE >
Blog
5 things to know in life sciences: Week of Nov. 28, 2022
From mRNA technology and a universal flu vaccine to the rise in digital therapies, each week we look at five things affecting the life sciences industry. … READ MORE >
U.S. jobs report: Rising wages pose a problem as hiring remains strong
average hourly earnings increased by 5.1% on a year-ago basis and by 0.6% on the month in addition to being revised higher in October. … READ MORE >
Canada job gains slow in November
The Canadian economy added 10,100 jobs in November, easing some of the concerns over an overheating labor market after a blockbuster October jobs report. … READ MORE >
Manufacturing sector nears contraction
The ISM’s manufacturing index slowed to 49%, barely above the contraction threshold at 48.7%. It was the third straight decline as demand for manufactured goods stalled. … READ MORE >
Spending holds strong as inflation moderates in October
Spending rose by 0.8% in October while income increased by 0.7%. After adjusting for inflation, real spending rose by 0.5% and income was up by 0.4%. … READ MORE >
Job openings and quits continue to moderate
There remained 1.7 job vacancies per unemployed worker, significantly higher than 2019’s average of 1.2. … READ MORE >
Consumer products holiday season insights: Thanksgiving holiday sees consumers continue to spend
Over the Thanksgiving weekend, consumers showed they are not yet ready to pull back on robust spending. … READ MORE >
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout
Our composite measure of manufacturer surveys conducted by five regional central banks indicates that manufacturing activity remains at 1.6 standard deviations below normal. … READ MORE >
Defense tech sees higher demand mixed with supply and labor challenges
Defense technology executives say strained supply chains remain the biggest challenge to meet growing demand. Wages, component price increases and inflation threaten profit margins. Industry executives are defending those margins through operational transformation and cost optimization. … READ MORE >