The euro is poised to appreciate against the dollar as the continent loosens fiscal restraints to rebuild its defenses. … READ MORE >
defense spending
Market minute: The ripple effect of higher European defense spending
A common European Union defense buildup would provide substantial relief to many manufacturers, particularly in Germany. … READ MORE >
Business spending on equipment rose in January
Investments in business equipment posted a sharp rebound in January after two consecutive months of disappointing declines. … READ MORE >
Key highlights of the FY 2023 National Defense Authorization Act
The National Defense Authorization Act (NDAA ) focuses on improving and protecting the DoD’s supply chain and strengthening military readiness. Contractors may be pleased to see that Congress has increased funding for certain aspects of the nation’s defense. … READ MORE >
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout
Our composite measure of manufacturer surveys conducted by five regional central banks indicates that manufacturing activity remains at 1.6 standard deviations below normal. … READ MORE >
5 trends from defense technology companies’ Q3 earnings calls
Defense technology company executives remain agile, anticipating future government spending trends, monitoring key supply chain risks, and investing in rapidly advancing technologies. Support for defense funding positions the sector for a strong 2021. … READ MORE >
5 trends from government services companies’ Q3 earnings calls
Trends among government services companies show a sector that has weathered the pandemic relatively well, positioning it for a strong 2021. … READ MORE >