At a glance 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 to join other, more lucrative or ... READ MORE >
industry outlook
Rising capex investments require ‘new collar’ workers: Spring 2022 outlook
At a glance 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 ... READ MORE >
The automotive sector as a blueprint for robotics in manufacturing: Spring 2022 outlook
At a glance While the automotive industry today has the highest robotic density compared to other manufacturing sectors, demand for automation is growing outside of the auto space. In 2020, U.S. non-automotive manufacturers’ robotics orders, led by the electronics industry with 23% growth, ... READ MORE >