A shutdown would slow imports and exports, delay compliance and permitting processes and affect government funding to support midsize manufacturers. … READ MORE >
industrials
Industrial production and housing rebound in July, affirming GDP growth outlook
Industrial production, housing starts and permits rebounded in July, affirming RSM’s third-quarter GDP growth outlook. … READ MORE >
Surging manufacturing construction: Industrial policy and U.S. semiconductors
A confluence of events triggered by supply chain disruptions, global security tensions and a changing political landscape has resulted in a boom in manufacturing construction. Call it the return of industrial policy. … READ MORE >
Manufacturing sector gained jobs in June, labor shortage remained
Even with the job growth in June, the softening in the manufacturing job market has continued since November as the sector adapts to the slowdown in overall manufacturing activity. … READ MORE >
Activity at top 10 U.S. ports signals softening economy; manufacturing activity contracts
February inbound container shipments at the top 10 U.S. ports hit their lowest level since before the pandemic, according to the latest available port data aggregated by Bloomberg. … READ MORE >
U.S. manufacturing payrolls negative for first time in 21 months
The negative figure wasn’t unexpected; the soft manufacturing labor data is simply catching up to the slowdown in activity. … READ MORE >
This week in energy: Russia oil price cap, natural gas outlook, nuclear SMRs
In this week’s energy industry analysis, we take a look at the European Union’s latest sanction on Russian oil, the Energy Information Administration’s natural gas outlook, and plans for North America’s first small modular reactor. … READ MORE >
Manufacturing labor market tightens further as pace of hiring slows
The United States added 8,000 manufacturing jobs in December, making for a total of 379,000 new manufacturing jobs added in 2022, according to the Bureau of Labor and Statistics. This marks a 3% rise in new manufacturing jobs compared to 2021 but the hiring pace in the last few months is slowing. … READ MORE >
Outer space: an endless frontier of opportunities for federal contractors
Investors, governments and contractors are optimistic about the technological and business potential of outer space. … READ MORE >
Globalized manufacturing enters a new era
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 source and make their goods. … READ MORE >