As world energy leaders prepare to kick off a major United Nations conference on climate change on Sunday, nations are turning back to coal as natural gas falls into short supply. But the shortage will prove to be temporary. … READ MORE >
Blog
GDP preview: Look for 2.9% growth in third quarter
Economic growth in the third quarter will capture the impact of the delta variant on the economy as disruptions to global supply chains and rising inflation have dampened American household consumption and fixed investment by businesses. … READ MORE >
Federal contractor vaccine mandate: Task force guidance
Guidance about the vaccine mandate for federal contractors helps clarify definitions, deadlines and requirements established in the executive order. … READ MORE >
Canada retail sales climbed in August as in-person activities picked up
The rise in retail sales was led by food and beverage stores, where sales went up by 4.8%, clothing stores, up 3.9%, and gasoline stations, with 3.8% growth. … READ MORE >
Consumer products holiday season countdown: Shopping has already started
What’s in store for retailers and other consumer products companies this holiday shopping season? We explore in our holiday season countdown series. … READ MORE >
5 things to know in life sciences: Week of Oct. 18
From gene editing advances to artificial intelligence and cancer screening, we highlight five things you need to know about in the life sciences industry. … READ MORE >
Existing home sales rebounded in September to highest level since February
The sales number was an upside surprise to earlier estimates of 6.1 million units, pointing to a stronger-than-expected housing market last month. … READ MORE >
Initial jobless claims fall for third straight week as labor shortage continues
New filings for unemployment benefits beat estimates with a decrease of 6,000 for the week ending Oct. 16, reaching 290,000 initial jobless claims. That’s the lowest level since March 14, 2020, according to a report from the Department of Labor on Thursday. … READ MORE >
Inflation in Canada persists amid shortages
Inflation is proving to be persistent in Canada, with the Consumer Price Index increasing at an annual pace of 4.4% in September amid shortages of workers and supplies. … READ MORE >
Chart of the day: U.S. housing starts and permits slowed amid shortages
Housing starts and permits stayed below expectations in September, signaling a supply slowdown because of shortages of materials and labor. … READ MORE >