Investments in business equipment posted a sharp rebound in January after two consecutive months of disappointing declines. While the Commerce Department’s data released on Monday showed some resilience from private businesses, there were reasons to be cautious because January’s data can be ... READ MORE >
defense spending
Key highlights of the FY 2023 National Defense Authorization Act
President Joe Biden signed the National Defense Authorization Act on Dec. 23, 2022, approving approximately $858 billion in funding for the Department of Defense and national security programs under the Department of Energy. The NDAA also includes $12.6 billion for inflation’s impact on purchases and ... 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 >
5 trends from defense technology companies’ Q3 earnings calls
Defense technology businesses spent Q3 2020 shoring up their supply chains in the wake of the COVID-19 pandemic. These businesses simultaneously navigated the start of pandemic recovery, shifting election expectations and a continuing resolution. Top executives in the defense technology space ... READ MORE >
5 trends from government services companies’ Q3 earnings calls
Government services businesses have weathered the COVID-19 storm better than many other industry verticals but have still grappled with their own uncertainties. These businesses navigated the start of pandemic recovery, shifting election expectations and a continuing resolution in the third quarter of ... READ MORE >