The manufacturing sector continued to grow in December but at a slightly lower rate compared to November, according to data released by the Institute for Supply Management on Tuesday. … READ MORE >
manufacturing
RSM US Manufacturing Outlook Index: Expansion continues despite omicron, supply chain uncertainty
The RSM US Manufacturing Outlook Index remained solid in December at 1.3 standard deviations above neutral as the economy continued to expand into the end of the year. But that strength is in question as the omicron variant continues to spread. … READ MORE >
What Biden’s $1.2T infrastructure package means for manufacturing and energy
While construction sector businesses are perhaps the clearest category that will benefit, so will companies throughout the industrial supply chain, including steel and material suppliers, engineering services firms, and more. … READ MORE >
Chart of the day: Manufacturing sector gained as price pressures eased
The manufacturing sector grew at a slightly higher pace in November than in October as demand for manufactured goods remained robust, according to a new report from the Institute for Supply Management on Wednesday. … READ MORE >
RSM US Manufacturing Outlook Index: November was a good month
The RSM US Manufacturing Outlook Index in November reached its highest level since the spring, indicating a sustained economic recovery should the health crisis not get in the way. … READ MORE >
Manufacturing in Canada at seven-month high
Canada’s manufacturing output hit a seven-month high in October as domestic and international demand remained strong despite persistent bottlenecks in the global supply chains. … READ MORE >
Chart of the day: U.S. manufacturing remained strong in October
The Purchasing Managers’ Index inched down to 60.8 in October from 61.1 in September, but still posted the 17th straight month of expansion since April 2020. … READ MORE >
The LIBOR transition could affect manufacturing companies
Given the various departments, business units and locations that are part of global manufacturing companies’ structure, the direct and indirect exposures can be quite substantial. … READ MORE >
This week in energy: Global shortage, Canada fossil fuels, Northam conference hot topics
In this week’s energy industry analysis, we take a look at the continuing global energy crunch, what the increased demand for fossil fuels means for Canada, and highlights from the Northam Energy Capital Assembly conference. … READ MORE >
Canada manufacturing sales hit new high amid rising energy demand
Middle market businesses in manufacturing not experiencing supply chain issues will benefit from high demand, while others will see industrial product price increases. … READ MORE >