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 >
Industrials
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 >
RSM US Manufacturing Outlook Index: Confirmation of recovery despite supply chain constraints
July marks the 12th consecutive month of increasing confidence in the manufacturing sector, with sentiment now reaching more than two standard deviations above what would be considered normal. … 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. Here’s the latest. … 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. Here’s the latest. … READ MORE >
RSM Manufacturing Outlook Index: New orders, sales and sentiment imply economic expansion has begun
Surveys of manufacturers conducted by six regional Federal Reserve banks reflect robust confidence in the outlook for manufacturing, despite being tempered by supply chain bottlenecks and price increases. … READ MORE >
CHART OF THE DAY: Industrial trade deficit rises amid growing domestic demand
The industrial goods trade deficit increased to $36.7 billion in May from $34.39 billion in April, far exceeding pre-pandemic levels of trade deficits, according to Commerce Department data released on Thursday. … READ MORE >