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 >
industrials
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 >
Canada positioned to thrive in EV landscape—and other takeaways from EV/VE 2022
When it comes to further embracing electric mobility, Canada has significant competitive advantages and immense market opportunities. … READ MORE >
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 >