New business formations surged during the pandemic and are reshaping the labor market in a way that bodes well for economic growth. … READ MORE >
Blog
This week in energy: COP26, Permian production, Canada Cabinet shuffle
In this week’s energy industry analysis, we take a look at priorities for the upcoming United Nations climate change conference, the recent production surge in the Permian Basin, and new Cabinet appointments in Canada. … READ MORE >
The LIBOR transition could affect manufacturing companies
Given the various departments, business units and locations that are part of global manufacturing companies’ structure, the direct and indirect exposures can be quite substantial. … READ MORE >
Chart of the day: Wages grew fastest in 20 years
The tight labor market sent worker compensation growth in the third quarter to the highest level in 20 years, posting a 1.3% gain. … READ MORE >
5 things to know in life sciences: Week of October 25
From new COVID-19 rapid testing to breakthroughs in gene editing, each week we explore five things impacting the life sciences industry. … READ MORE >
Personal spending grew in September despite mitigating factors
Personal spending grew in September for the second straight month as the extra income from the enhanced Child Tax Credit program continued to offset the impact from the delta variant on consumption demand. … READ MORE >
Canada GDP rose 0.4% in August as the economy reopened
The rise in spending on in-person services led the economic recovery, as August marked the first full month of most COVID-19 restrictions being lifted across the country. … READ MORE >
FOMC preview: Tapering explained
Next week’s meeting of the Federal Open Market Committee will focus on the Federal Reserve’s exit from its pandemic-era asset purchase program that has sent its balance sheet above $8.5 trillion. … READ MORE >
Consumer products holiday season countdown: What will they buy?
Consumer behavior has never been more diverse this holiday season, but some trends have begun to emerge. … READ MORE >
Chart of the day: Pending home sales dipped in September
The pending home sales index fell 2.3% to 116.7 in September after a strong gain of 8% in August, a sign of a modest pullback in home buying as some purchases are delayed until next year. … READ MORE >