Supply chain constraints inside the global auto ecosystem have dampened overall sales as producers struggle to keep up with demand until advanced microchip production ramps up. Lack of inventory and access to sophisticated technology that consumers demand in new automobiles will almost certainly ... READ MORE >
Industrials
RSM US Manufacturing Outlook Index: Confirmation of recovery despite supply chain constraints
Despite disruption to global supply chains and increasing delivery times, orders for durable goods increased again in June, the 13th month of increases out of the past 14 months, according to Commerce Department data released on Tuesday. This is confirmation of a recovery for the sector and the end ... READ MORE >
3 things to know in energy: OPEC+ compromise, coal-to-gas conversion, pipeline cybersecurity
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at how the recent OPEC+ decision to increase oil production will affect the industry, a Canada company's coal-to-gas conversion for its electrical power generation ... READ MORE >
3 things to know in energy: OPEC+ stalemate, carbon capture, labor shortages
Biweekly, we highlight three things going on in the energy industry that we think you should know about. Our focus this week is on OPEC+ oil production discussions, the use of carbon capture projects, and labor challenges within the industry. Here’s the latest. 1. OPEC+ stalemate As the world ... READ MORE >
RSM Manufacturing Outlook Index: New orders, sales and sentiment imply economic expansion has begun
If manufacturing were the sole determinant of the business cycle, we might anticipate a quicker assignment to the official end of the 2020-21 recession. For now, we’ll have to settle for increasing confidence in a sustainable recovery as an indication that the economy has entered into expansionary ... READ MORE >
CHART OF THE DAY: Industrial trade deficit rises amid growing domestic demand
The U.S. goods trade deficit for industrial products increased in May as the value of industrial supplies, capital goods and autos imported continued to outpace exports of such goods. This is in line with the overall U.S. goods trade deficit, which increased to $88.1 billion from $85.7 billion in ... READ MORE >
3 things to know in energy: Legal challenge on drilling suspension, U.S.-Canada pipelines, WTI futures
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at a new challenge to President Biden’s suspension on new oil and gas permits on federal lands, the outlook for American and Canadian oil pipelines in the wake of the Keystone ... READ MORE >
3 things to know this week in energy: Oil prices spike, workforce diversity, Inter Pipeline
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at the driving forces behind the recent two-year high in oil prices, a new report on gender diversity in energy technology and services, and a bidding war over a ... READ MORE >
CHART OF THE DAY: Manufacturing sentiment remains high as global supply chain constraints cap growth expectations
Surveys carried out by four of the six regional central banks reported elevated manufacturing conditions, though there was some slippage from the lofty levels of the previous month. Rising prices and supply chain bottlenecks were the most likely reasons for the moderation of sentiment, providing ... READ MORE >
3 things to know in energy: China fuel tax, crypto mining, LNG outlook
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at a new tax on blending fuels in China, how natural gas production plays into cryptocurrency mining, and the shifting outlook for liquefied natural gas production. Here’s the ... READ MORE >