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 >
Industrials
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. Here’s the latest. … 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. Here’s the latest. … 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. … READ MORE >
3 things to know in energy: China fuel tax, crypto mining, LNG outlook
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 latest. … READ MORE >
3 things to know this week in energy: Major cyberattack, oil deals, pipeline permits
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week’s top item is the Colonial Pipeline ransomware attack. Plus, we look at oilfield deal announcements and tensions around a pipeline that runs across Wisconsin and Michigan to Ontario. Here’s the latest. 1. Midstream pipeline cyberattack … … READ MORE >
CHART OF THE DAY: Strong automobile demand amid supply chain disruptions
The demand for automobiles continues to rise amid reports of chip shortages that are hurting production. This suggests that there will be strong profit margins in the auto manufacturing sector despite the missed opportunities to meet robust demand. … READ MORE >
CHART OF THE DAY: Manufacturers wrestle with disruptions, shortages and rising prices
Manufacturing growth eased from its breakneck pace in April as supply chain bottlenecks and material shortages increase backlogs and limit production efforts. … READ MORE >
3 things to know in energy: Sustainable financing, emissions goals, Exxon’s carbon storage project
Biweekly, we round up news and analysis about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
CHART OF THE DAY: Surging RSM US Manufacturing Outlook Index implies a robust recovery
For the second month in a row, manufacturers’ optimism surged, which implies further acceleration in overall industrial production and manufacturing conditions. … READ MORE >