The manufacturing sector continued its recent run in May, growing significantly for the fifth consecutive month on the back of tariffs and the AI buildout, according data from the Institute for Supply Management. Demand was particularly strong in May, buoyed in part by the prospect of a resolution of the … … READ MORE >
Industrials
Supreme Court tariff decision: Immediate impacts for manufacturers and importers
Manufacturers and importers should prepare for a potential surge in import activity over the next 150 days. … READ MORE >
Major economic indicators point to stronger growth
The impact of AI investment and the easing of tariff concerns showed up across much of the data. … READ MORE >
Business spending on equipment rises as uncertainty eases
American businesses in September posted a third straight month of strong spending growth after a period of extreme volatility. … READ MORE >
Manufacturing slows in October as trade pressures persist, ISM reports
The manufacturing purchasing managers’ index fell to 48.7 from 49.1, with any reading below 50 indicating contraction. … READ MORE >
Market Minute: Economies in Asia keep growing, no matter the U.S. tariff rate
Economies in Asia continue to grow despite U.S. disruptions to the global supply chain. … READ MORE >
Bank of Canada cuts interest rate again in attempt to spur sluggish economy
Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Canada’s economy in sore need of an interest rate cut as job losses mount
Canada’s economy lost jobs in back-to-back months for the first time since 2021, pushing the odds of an interest rate cut this month significantly higher. … READ MORE >
Manufacturing sector contracts for sixth month in a row
After three years from 2022 to 2024 of significant increases in construction spending as a result of the Chips and Science Act, it has been downhill for new construction spending. … READ MORE >