Rising costs and supply chain constraints continue to disrupt U.S. manufacturing activity and may worsen as the world’s factory floors brace for more shutdowns linked to the spread of the coronavirus delta variant. Even U.S. companies that do not have operations in other countries can expect to feel the strain, considering they likely have global suppliers somewhere in their supply chain. … READ MORE >
industrials
3 things to know in energy: OPEC+ compromise, coal-to-gas conversion, pipeline cybersecurity
Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
The rebirth of industrial policy in the United States
The U.S. Innovation and Competition Act of 2021, a $250 billion legislative package passed in June to facilitate the research and development of science and technology, represents a sea change in U.S. economic strategy and a return of the government’s use of industrial policy. But the embrace of industrial policy to solve economic and strategic problems carries with it considerable possibilities and risks. … READ MORE >
RSM Manufacturing Outlook Index: New orders, sales and sentiment imply economic expansion has begun
Surveys of manufacturers conducted by six regional Federal Reserve banks reflect robust confidence in the outlook for manufacturing, despite being tempered by supply chain bottlenecks and price increases. … READ MORE >
3 things to know this week in energy: Major cyberattack, oil deals, pipeline permits
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week’s top item is the Colonial Pipeline ransomware attack. Plus, we look at oilfield deal announcements and tensions around a pipeline that runs across Wisconsin and Michigan to Ontario. Here’s the latest. 1. Midstream pipeline cyberattack … … READ MORE >
Top energy trends for oil and gas companies to watch in 2021
2020 was a volatile year for the energy industry. Many challenges remain as the pandemic continues, the energy transition accelerates, and policies change under the Biden administration. Here are eight key energy trends oil and gas companies should watch. … READ MORE >
The impact of Brexit on U.S. manufacturing companies
Plenty of questions remain about what the specific impacts of the UK-EU Trade and Cooperation Agreement will be, but some aspects – such as value-added tax and customs implications – have come into clearer focus in 2021. … READ MORE >
3 things to know this week in energy: Canada consolidation, oil prices, and tech invests in renewables
Major tech investment in renewable energy continues, freezing weather lifts oil prices up, and Canada’s energy market sees another major consolidation announcement. Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
3 things to know this week in energy: Drilling permit suspension pushback, Keystone XL and shale oil
This is the first installment of a new biweekly news roundup from RSM about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
CHART OF THE DAY: Manufacturing remains strong despite labor, supply chain challenges
U.S. manufacturing activity remained robust in January but faced challenges on the labor and supply chain front, according to new data released Monday by the Institute for Supply Management. … READ MORE >