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 >
Blog
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 >
Chart of the day: Service sector grew more slowly in May
The service sector grew more slowly in May as production and prices cooled, according to a report from the Institute for Supply Management on Friday. … READ MORE >
Government services companies are focusing on national defense, labor challenges
While the Russia-Ukraine war is understandably a top focus in the ecosystem, the demand for cutting-edge technological innovation persists along with the upskilled workforce needed to develop such solutions. … READ MORE >
U.S. May jobs report: Robust gains in total employment as wage increases ease
American firms continued to hire workers at a torrid pace in May to meet strong demand amid a historically tight labor market and 8.3% inflation. … READ MORE >
Chart of the day: Jobless claims fall amid tight labor market
Initial jobless claims fell by 5.2% last week to 200,000, a continuing reflection of the tight the labor market as layoffs remain near a multidecade low, according to government data released Thursday. … READ MORE >
RSM US Supply Chain Index: Inventory-led improvement in April
Supply chain bottlenecks improved in April yet remained significantly underwater. At the current pace, a full recovery will not take place until the first half of next year. … READ MORE >
Manufacturing sector grew steadily in May
The manufacturing sector expanded at the slightly faster rate in May as demand remained strong. … READ MORE >
Chart of the day: Job openings remain near record high
U.S. job openings fell 3.8% to 11.4 million in April amid economic moderation and monetary policy tightening. … READ MORE >
Bank of Canada raises interest rate to 1.5% to tame inflation
The Bank of Canada announced another 50-basis-point rate hike on Wednesday while it continued to shrink its balance sheet, another aggressive step in its campaign to tame inflation. … READ MORE >