When it comes to further embracing electric mobility, Canada has significant competitive advantages and immense market opportunities. … READ MORE >
industrials
Industrial production rose in July, tempering recession fears despite housing starts drop
Even alongside the decline in housing starts, this industrial data shows that recession fears may have been overblown after the economy contracted for two consecutive quarters in the first half of 2022. … READ MORE >
RSM US Manufacturing Outlook Index: Sour topline sentiment despite robust shipments
July’s reading of 0.6 standard deviations below normal manufacturing conditions marks the third month of sub-standard activity. … READ MORE >
Manufacturing sector activity hits lowest level in two years
The manufacturing purchasing managers’ index inched down to 52.8 from 53 the previous month, still indicating growth as readings above 48.7 generally show business expansion. … READ MORE >
Inflation and gross margins—who is winning? Part 1: The transportation sector
RSM took a detailed look at gross margins across different peer groups in the industrials sector to see how each has fared during this time of high inflation. … READ MORE >
Rapid-fire sanctions: What do they mean for industrial companies?
Given the wide-reaching implications of these sanctions on everything from energy and metals to airplane parts and shipping, we can reasonably expect that manufacturers and companies in the broader industrial space will need to brace for impact—if they haven’t felt it already. … READ MORE >
This week in energy: Jet fuel demand, oil and gas earnings, ESG metrics
In this week’s energy industry analysis, we take a look at the jet fuel demand landscape, fourth-quarter earnings reports for oil and gas companies, and the first oil and gas producer in North America to issue a sustainability-linked bond. … READ MORE >
Labor shortage remains a major challenge for oil and gas: Spring 2022 outlook
Oil and gas companies are facing a labor shortage that poses serious risk to the industry’s efforts to recover from the tumult of the past two years. Some workers are moving to the renewable energy space, while others are leaving the industry altogether. … READ MORE >
Rising capex investments require ‘new collar’ workers: Spring 2022 outlook
Since the last economic recession, the industrial sector has lagged others in capital goods investments, but 2021 saw record industrial spending in this area as companies played catch-up. This elevated spending could have important implications for the industry’s future, especially on the labor front. … READ MORE >
Robots rise on the shop floor: Spring 2022 outlook
Manufacturers have struggled to meet the demand spike after the initial pandemic slump for many reasons, but perhaps most importantly because of labor shortages. This has strengthened the case for companies to invest in robotics and automation. … READ MORE >