While construction sector businesses are perhaps the clearest category that will benefit, so will companies throughout the industrial supply chain, including steel and material suppliers, engineering services firms, and more. … READ MORE >
Industrials
Chart of the day: With oil prices elevated, will U.S. production follow?
Our model of the relationship between wholesale gasoline futures and retail gasoline prices implies a decline of 15% to 20% from the current national average of $3.36 per gallon. … READ MORE >
This week in energy: Omicron & OPEC, Canada oil revenue, measuring ESG
We take a look at a variety of recent factors affecting oil prices, the oil revenue landscape in Canada and a new board that aims to create more consistency around measuring companies’ progress on ESG issues. … READ MORE >
Chart of the day: Manufacturing sector gained as price pressures eased
The manufacturing sector grew at a slightly higher pace in November than in October as demand for manufactured goods remained robust, according to a new report from the Institute for Supply Management on Wednesday. … READ MORE >
RSM US Manufacturing Outlook Index: November was a good month
The RSM US Manufacturing Outlook Index in November reached its highest level since the spring, indicating a sustained economic recovery should the health crisis not get in the way. … READ MORE >
What the global coordinated release of petroleum reserves means
The politics and policy of global inflation will begin to shape markets as major global economies push back in direct and indirect ways on the surging price of oil. … READ MORE >
Chart of the day: Industrial production climbed back in October
Industrial production rebounded in October with a gain of 1.6% after a significant slowdown in September because of Hurricane Ida, pointing to healthy growth for the rest of the year. … READ MORE >
This week in energy: Infrastructure bill, carbon capture, oil prices up
In this week’s energy industry analysis, we take a look at the recently passed infrastructure bill’s implications for the sector, proposals for carbon capture and storage projects in Canada, and the recent rise in oil prices. … READ MORE >
Carbon pricing—in the spotlight at COP26—could mean big shifts for global trade
Though long touted by economists as the solution to reduce carbon emissions and tackle climate change, carbon pricing has for years been mostly abstract. Discussions at COP26, however, indicate the textbook solution might soon become a reality for more than a few select countries and industries. … READ MORE >
Manufacturing in Canada at seven-month high
Canada’s manufacturing output hit a seven-month high in October as domestic and international demand remained strong despite persistent bottlenecks in the global supply chains. … READ MORE >