There are more signs of a recovery in the works. Both industrial production and the Conference Board’s leading economic indicator reported positive year-over-year growth rates in March. … READ MORE >
Industrials
3 things to know in energy: signs of oil upswing, petrochemicals in Canada, Biden’s jobs plan
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 >
Clean energy infrastructure is key part of Biden’s jobs plan
In the energy space alone, the plan would have important implications for tax incentives, the shift toward renewables, carbon capture efforts, the electric vehicle market and more. … READ MORE >
CHART OF THE DAY: Rebound in rail freight is an early sign of recovery
Intermodal rail freight is in the midst of a strong recovery in another sign that the manufacturing sector and the economy have entered the early stages of what we expect to be a robust expansion this year. … READ MORE >
RSM recovery watch: Upgraded growth forecast and more evidence of a turn in the business cycle
There are arguably enough positive indications to begin planning for a return to normal commercial activity. Here is a sampling of what’s to come, or better put, what the data is suggesting. … READ MORE >
CHART OF THE DAY: Fracking gives Texas and New Mexico swing-state status
We can anticipate increased consumer demand for energy, especially given the rapid advances in vaccine distribution. But whether price increases are sustainable or more North American wells come back online is speculation because of the potential of market interference. … READ MORE >
3 things to know this week in energy: Suez Canal blockage, oil field deals, carbon pricing
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: Rational exuberance and the RSM US Manufacturing Outlook Index
The manufacturing sector is signaling extreme confidence in a rapid end to the pandemic-induced economic shutdown and to the global manufacturing recession that preceded it. … READ MORE >
CHART OF THE DAY: U.S. durable goods orders stall
Orders for long-lasting factory goods decreased for the first time in 10 months in February, according to U.S. Department of Commerce data released on Wednesday. … READ MORE >
CHART OF THE DAY: Rail deal is a sign of increasing North American economic integration
Canadian Pacific’s $25 billion deal to purchase Kansas City Southern would create the first railroad network covering Canada, Mexico and the United States. … READ MORE >