While inflation and macroeconomic uncertainty continued, interest in space demand drew attention from notable investors, international governments and key players in the federal contractor market in Q3. Space and intelligence players navigated their short- and long-term objectives to successfully execute ... READ MORE >
Industrials
Manufacturing sector nears contraction
The manufacturing sector grew for the 30th month in a row but barely hovered above contraction in November, according to data released by the Institute for Supply Management on Thursday. The ISM’s overall index slowed to 49%, barely above the contraction threshold at 48.7%. It was the third straight ... READ MORE >
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout
Manufacturing sentiment continued to decline in November, according to the RSM US Manufacturing Outlook Index, driven by notable decelerations in the Philadelphia and Dallas regions. Firms in the New York, Richmond and Kansas City regions reported slight improvements over last month, though they ... READ MORE >
Globalized manufacturing enters a new era
The era of globalization which brought cheap goods, low inflation, rapid growth and inexpensive capital is transitioning to a new state. Globalization is not dead, but the makeup of its participants has shifted and the rules of global trade continue to be rewritten as businesses diversify where they ... READ MORE >
This week in energy: Methane emissions, oil demand, taxing share buybacks
In this week’s energy industry analysis, we take a look at a proposed U.S. rule for methane emissions, the oil demand outlook and the Canadian government's plan to introduce a tax on share buybacks. Proposed methane emission regulation should spur technology investment In pursuit of a “relentless ... READ MORE >
October data: Manufacturing jobs show little sign of slowing, but openings still elevated
After three months of softening manufacturing payroll data, hiring continued and experienced an uptick in October, according to Bureau of Labor Statistics data released Friday. There were 32,000 net new manufacturing jobs added last month, an increase from the 23,000 added in September. Another ... READ MORE >
RSM US Manufacturing Outlook Index: Continued signs of a slowdown
The downturn in manufacturing activity continued for the sixth consecutive month in October, according to the RSM US Manufacturing Outlook Index. With surging inflation and rising interest rates acting as a deadweight on business activity and expansion, it is likely that the global economy is either in or ... READ MORE >
This week in energy: OPEC+ cuts, battery factories, carbon capture
In this week's energy industry analysis, we take a look at the recent OPEC+ production cut decision, the U.S. government stepping up investment and policy support around battery manufacturing, and the landscape of carbon capture incentives in Canada. OPEC+ cuts cause supply scramble After over five ... READ MORE >
Electric vehicle infrastructure creates opportunities for real estate
The adoption of electric vehicles has grown tremendously over the past year and a half. The trend will accelerate as consumer demand, which is being fueled by higher gasoline prices, tax incentives, funding from the Inflation Reduction Act, and the increased desire for environmental sustainability, ... READ MORE >
Canada positioned to thrive in EV landscape—and other takeaways from EV/VE 2022
Electric mobility is no longer the future—it’s the present. That was one of the key messages at EV/VE 2022, Electric Mobility Canada’s conference in Toronto last month. The national not-for-profit organization’s event drew electric vehicle sector stakeholders including federal and municipal governments, ... READ MORE >