The headline consumer sentiment index from the University of Michigan dropped to 50.2, the lowest on record. … READ MORE >
Blog
Canada’s unemployment rate falls to 5.1%, another record low
Canada’s labour market remained tight in May, adding 40,000 jobs as the unemployment rate fell to 5.1%, another record low. … READ MORE >
5 things to know in life sciences: Week of June 6, 2022
From an artificial pancreas to 3D-printed human ears, each week we highlight five things you need to know about in the life sciences industry. … READ MORE >
U.S. May CPI: Inflation continues to broaden out on higher gas and housing costs
Inflation continued to broaden out across the American economy in May, rising by 8.6% annually and underscoring the urgency among central bankers to restore price stability. … READ MORE >
Chart of the day: The long-term impact of a ban on Russian energy
The embargo on Russian energy supplies poses serious long-term challenges for the European Union. … READ MORE >
Oil prices and price gouging: Deconstructing the price of gas
The impact of global market forces like the war in Ukraine and OPEC far outweighs whatever influence retailers or refiners have on the prices that consumers pay at the pump. … READ MORE >
Initial jobless claims rise to above pre-pandemic level
New claims for jobless benefits increased by 27,000 to 229,000 for the week ending June 4, from an upwardly revised 202,000 in the prior week. … READ MORE >
Are inventory levels too high?
Consumer goods companies are beginning to rethink current inventory positions as they plan for back-to-school and winter holiday seasons. … READ MORE >
Inflation and gross margins—who is winning? Part 1: The transportation sector
RSM took a detailed look at gross margins across different peer groups in the industrials sector to see how each has fared during this time of high inflation. … READ MORE >
Canada’s merchandise trade growth slows
After two consecutive months of strong growth, Canada’s exports leveled off in April while imports rose slightly, netting a surplus of CA$1.5 billion. … READ MORE >