Our baseline forecast for the American economy next year calls for a mild recession by the second half of the year as the impact of higher interest rates sets in. … READ MORE >
Industrials
Outer space: an endless frontier of opportunities for federal contractors
Investors, governments and contractors are optimistic about the technological and business potential of outer space. … READ MORE >
Manufacturing sector nears contraction
The ISM’s manufacturing index slowed to 49%, barely above the contraction threshold at 48.7%. It was the third straight decline as demand for manufactured goods stalled. … READ MORE >
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout
Our composite measure of manufacturer surveys conducted by five regional central banks indicates that manufacturing activity remains at 1.6 standard deviations below normal. … READ MORE >
Globalized manufacturing enters a new era
Globalization is not dead, but the makeup of its participants has shifted and the rules of global trade continue to be rewritten as businesses diversify where they source and make their goods. … READ MORE >
This week in energy: Methane emissions, oil demand, taxing share buybacks
In this week’s energy industry analysis, we take a look at a proposed U.S. rule for methane emissions, the oil demand outlook, and the Canadian government’s plan to introduce a tax on share buybacks. … READ MORE >
October data: Manufacturing jobs show little sign of slowing, but openings still elevated
After three months of softening manufacturing payroll data, hiring continued and experienced an uptick in October, according to Bureau of Labor Statistics data released Friday. … READ MORE >
RSM US Manufacturing Outlook Index: Continued signs of a slowdown
Our composite measure of manufacturing activity shows that the decline has reached more than 1.6 standard deviations below normal. … READ MORE >
This week in energy: OPEC+ cuts, battery factories, carbon capture
RSM professionals look at some of the latest news in the energy industry. … READ MORE >
Electric vehicle infrastructure creates opportunities for real estate
The adoption of electric vehicles has grown tremendously over the past year and a half. The trend will accelerate as consumer demand, which is being fueled by higher gasoline prices, tax incentives, funding from the Inflation Reduction Act, and the increased desire for environmental sustainability, continues to rise. For commercial real estate, the boost in electric vehicle use will create immense opportunities, as EV charging stations become sought after additions to properties ranging from multifamily dwellings to retail centers. … READ MORE >