Fears of an imminent recession are somewhat overblown. A closer look at the different components of the yield curve reveals a nuanced picture of the economic outlook … READ MORE >
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RSM US Manufacturing Outlook Index: Geopolitical tensions and possibility of a midcycle slowdown
The RSM US Manufacturing Outlook Index increased in March but is showing signs of impending economic damage caused by the Russian invasion of Ukraine. … READ MORE >
RSM UK launches Middle Market Business Index
RSM UK on Tuesday launched the Middle Market Business Index (MMBI), the first of its kind index to focus solely on middle market businesses in the UK. The index follows the development of a similar reading — the RSM US Middle Market Business Index — in the United States, which has been active for more than five years, and demonstrates RSM’s increasingly global understanding of middle market business trends. … READ MORE >
Chart of the day: Pending home sales drop again in February
Pending home sales in February dipped for the fourth straight month as depleted inventory and rising mortgage rates dampened sales. … READ MORE >
5 things to know in life sciences: Week of March 21, 2022
From continued investment in virtual trials to robotic injections, each week we highlight five things to know about in the life sciences industry. … READ MORE >
The housing market will endure interest rate hikes
While low interest rates have contributed to the increased demand for housing, the factors driving the market go beyond low rates and include a thriving economy, favorable demographics and a limited supply. … READ MORE >
Durable goods orders decline amid rate hikes and geopolitical uncertainties
Durable goods orders declined for the first time in five months in February because of geopolitical uncertainties and the anticipation of the Federal Reserve’s first interest rate hike since 2018. … READ MORE >
Chart of the day: Initial jobless claims lowest since 1969
New filings for jobless benefits last week dropped to the lowest since 1969 as the tight labor market showed no sign of cooling. … READ MORE >
That ’70s Show: Lessons from the oil shortages of nearly 50 years ago
The doubling of gasoline prices in 1979 and 1980 came during the turmoil that followed Iran’s revolution and the beginning of Iran’s decade-long war with Iraq. … READ MORE >
RSM Canada Supply Chain Index is flat, but challenges await
The RSM Canada Supply Chain Index in February continued to show stress in the economy, measuring 1.89 standard deviation below normal and little changed from January. … READ MORE >