Public policy put in place in recent years points toward a tailwind for both construction employment and the manufacturing sector. … READ MORE >
Blog
5 things to know in life sciences: Week of Oct. 23, 2023
From Minnesota’s medtech hub to the need for increased diversity in clinical trials, here’s what’s happening in life sciences. … READ MORE >
Spending stayed robust in September as inflation steadied
Friday’s data on spending and income, together with recent data on gross domestic product, have pointed to a booming economy that should push back any speculation for an imminent recession. … READ MORE >
Dollar ascendant? Why the dollar’s dominance will not fade.
The idea that the global economy can be organized around another currency seems out of place given the dollar’s ascendancy over the past 10 years during a period of uncertainty. … READ MORE >
Resilient U.S. economy grows 4.9% in third quarter
A resilient American economy continued to defy expectations by growing at a 4.9% pace in the third quarter because of one-time factors inside the consumption channel and because of sustained gains in U.S. labor dynamics and modest real income gains. … READ MORE >
Bank of Canada holds at 5% as growth outlook softens
The Bank of Canada held its overnight rate at 5% on Wednesday and will continue its policy of quantitative tightening. … READ MORE >
5 things to know in life sciences: Week of Oct. 16, 2023
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Existing home sales fall to the lowest level since 2010
Demand for existing homes has plunged in six out of seven months since February, falling to 3.96 million in September. … READ MORE >
UAW strike and Unifor bargaining: Impact on Canada’s auto sector
Within the automotive manufacturing ecosystem, key areas that will be affected by the labor action and contract negotiations include supply chains, inventories, costs and pricing and the EV transition. … READ MORE >
Housing starts and permits remain a drag on third-quarter growth
Housing starts rose 7.0% in September due to a rebound in multifamily homes, partly offsetting the sharp drop in August. Still, new residential starts remained a drag on growth in the third quarter amid higher mortgage rates, falling 4.2% on a quarterly basis. … READ MORE >