Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Blog
Service sector showed fastest growth in nearly two years
The Institute for Supply Management’s service sector index grew to 54.9 in September from 51.5 in August. … READ MORE >
Why the labor market is stronger than the unemployment rate indicates
At least 19% of the increase in the unemployment rate from 2023 to 2024 can be explained by the increase in labor supply. Since 2021, the return of workers to the labor force, in addition to new additions from immigration and population growth, has been a key driver of overall unemployment in the U.S. … READ MORE >
Manufacturing and labor markets give mixed signals amid Fed’s pivot
The ISM manufacturing index for September stayed unchanged at 47.2, indicating a contraction of overall activity for the sixth consecutive month. … READ MORE >
U.S. port strike will have a modest impact on GDP
The strike by port workers along the East and Gulf coasts of the United States will provide a modest hit to GDP of a little more than 0.1 percentage points per week, or roughly $4.3 billion in lost exports and imports. … READ MORE >
5 things to know in life sciences: Week of September 23, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Inflation falls to lowest level since February 2021
With the productivity boom and more interest rate cuts coming, the economy is poised to repeat the economic growth and prosperity of the 1990s. … READ MORE >
Robust economic revisions defy recession doubts
Significant revisions to income and gross domestic product from 2020 through last year help explain why the market underestimated the continuing robust economic rebound. … READ MORE >
Report: Nonprofits must leverage technology and adapt to giving trends
Nonprofits must embrace data-driven decision-making, explore new avenues for collaboration and adapt their fundraising strategies … READ MORE >
American outperformance in the post-pandemic global economy
The U.S. economy is outperforming in growth and employment, and in controlling inflation, without causing the economy to fall into an extended period of slow growth or outright recession. … READ MORE >