The American economy continued to show resilience in March, adding 303,000 jobs as the unemployment rate dropped to 3.8%. … READ MORE >
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5 things to know in life sciences: Week of April 1, 2024
From a lollipop diagnostic for mouth cancer to new insights exploring drug shortages, here’s the latest in life sciences. … READ MORE >
Initial claims reflect remarkable job security in American economy
First-time claims increased to 221,000 from an upwardly revised 212,000 during the previous week. … READ MORE >
RSM’s prescient forecast for today’s strong economy
The economy is in a strong position with low unemployment, easing inflation and rising productivity. Last year, many observers warned of a looming recession, but RSM’s Joe Brusuelas called it correctly. Learn what was behind his analysis in this conversation with the U.S. Chamber of Commerce’s Neil Bradley … READ MORE >
Service sector continues to normalize in March
The ISM services composite index fell to 51.4 from 52.6, while the prices paid subindex dropped to 53.4 from 58.6. … READ MORE >
Job openings inch up in February
Job openings rose by 8,000 to 8.756 million in September, slightly higher than forecasted. … READ MORE >
Government services Q4 earnings calls highlight M&A, workforce, technology
Three common themes emerged in fourth-quarter earnings calls: a growing appetite for M&A, increasing demand for highly specialized solutions, and improving workforce retention. … READ MORE >
Manufacturing sector expands for the first time since September 2022
The manufacturing sector grew faster in March than expected on the heels of strong production activity and new orders, according to the Institute for Supply Management survey released on Monday. … READ MORE >
Maintaining margins amid California’s minimum wage increase: Strategies for fast food operators
Operators in the fast-food sector will need to adapt to tighter operating margins to accommodate new labor cost levels. … READ MORE >
Full employment, low inflation and a virtuous cycle in the American economy
Today, we think that the economy has reached full employment and that a virtuous cycle that bolsters productivity and dampens inflation is now possible. … READ MORE >