The impact of Hurricane Ida continued to be a drag on industrial production in September, accounting for a significant drop not only in mining but also in manufacturing output. … READ MORE >
Industrials
This week in energy: Global shortage, Canada fossil fuels, Northam conference hot topics
In this week’s energy industry analysis, we take a look at the continuing global energy crunch, what the increased demand for fossil fuels means for Canada, and highlights from the Northam Energy Capital Assembly conference. … READ MORE >
Canada manufacturing sales hit new high amid rising energy demand
Middle market businesses in manufacturing not experiencing supply chain issues will benefit from high demand, while others will see industrial product price increases. … READ MORE >
China reacts to energy crunch with coal price reform
The global energy crunch continues and all eyes are on China—the world’s largest energy exporter—as the country grapples with ongoing shortages and their ripple effect across the nation’s economy and key commodities, especially metals crucial in the manufacturing sector. … READ MORE >
Strong demand boosted manufacturing growth as PMI reached a four-month high
The headline manufacturing Purchasing Managers’ Index increased by 1.2 percentage points in September, to 61.1%, continuing to indicate overall expansion of the manufacturing sector. … READ MORE >
3 things to know in energy: Surging prices, Permian Basin shifts, Canada’s election
Examining the crunch caused by surging energy prices and decreased suppply, how shifting assets in the Permian Basin might affect the industry, and what the results of Canada’s federal election might mean for the energy policy. Here’s the latest. … READ MORE >
Natural gas shortage and soaring prices threaten economic growth
Soaring gas, oil and coal prices point to an energy shortage across the globe, from the United States to Europe and China. The crunch has the potential to turn into a crisis if not managed, and has already caused industrial and residential power outages, threatened economic growth and jeopardized climate goals. … READ MORE >
Global manufacturing activity and delta-induced supply chain disruptions
Rising costs and supply chain constraints continue to disrupt U.S. manufacturing activity and may worsen as the world’s factory floors brace for more shutdowns linked to the spread of the coronavirus delta variant. Even U.S. companies that do not have operations in other countries can expect to feel the strain, considering they likely have global suppliers somewhere in their supply chain. … READ MORE >
RSM US Manufacturing Outlook Index: Still expansionary, but slipping from its peak
After a year of rapid growth in the manufacturing sector, there are signs that the buoyancy is ebbing. The RSM US Manufacturing Outlook Index, while still elevated, declined in August after peaking in July. … READ MORE >
Lack of inventory dampening auto sales
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. … READ MORE >