Manufacturing sentiment in August pointed toward a modest acceleration in growth inside the ISM manufacturing survey, even as the headline number stayed flat at 52.8 compared to July. … READ MORE >
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Jobless claims show that jobs remain plentiful
First-time claims for unemployment benefits declined to 232,000 for the week ending Aug. 27 as continuing claims increased modestly. … READ MORE >
Housing proved a drag on Canada’s economy in the second quarter
Canada’s real gross domestic product rose by 0.1% in June from May amid a slumping housing sector, and by 3.3% overall for the second quarter. … READ MORE >
After a strong recovery in Canada, economic headwinds set in
The Canadian economy has had a year of robust recovery, but now that growth is slowing as economic headwinds set in. … READ MORE >
RSM US Manufacturing Outlook Index: Decline in new orders leads a slowdown
The RSM US Manufacturing Outlook Index indicates a slowing manufacturing sector. … READ MORE >
Earnings call roundup: Defense technology
Defense technology executives discussed supply chain and labor challenges recently during their second-quarter earnings calls. … READ MORE >
Earnings call roundup: Government services
Government services executives struck an optimistic tone in their second-quarter earnings calls as implications of a favorable federal budget came into focus. … READ MORE >
How high must unemployment rise to tame inflation?
To reduce inflation to acceptable levels, it will be necessary to destroy between 1.7 million and 5.3 million jobs. … READ MORE >
5 things to know in life sciences: Week of Aug. 22
From monkeypox vaccination production to COVID-19 diagnostics, each week we highlight five things to know in life sciences. … READ MORE >
Powell at Jackson Hole: From era of abundance to one of insufficient supply
Federal Reserve Chairman Jerome Powell was blunt in his remarks at Jackson Hole, Wyo.: “Reducing inflation is likely to require a sustained period of below-trend growth.” … READ MORE >