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Category: Industry Insights

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Skidding the Rig: The State of Oil After GE’s Big Merger

Skidding the Rig: The State of Oil After GE’s Big Merger

In October 2016, General Electric (GE) announced that it will merge its oil and gas business with Baker Hughes by buying a majority stake in the company. This deal underlines the wave of mergers and acquisitions (M&A) that have swept the Mining, Oil and Gas Machinery Manufacturing industry. As the world price of crude oil […]

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Industry Deep Dive: Weddings

Industry Deep Dive: Weddings

Wedding bells will ring a little louder this fall, as IBISWorld expects most wedding-related industries to experience revenue increases in 2016. However, most of these marriage-centric industries will grow only marginally. While some trends like growth in per capita disposable income and the legalization of same-sex marriage will expand the wedding market, others, such as […]

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E-Commerce VS Brick and Mortar: Shoe Industry

E-Commerce VS Brick and Mortar: Shoe Industry

The Shoe Stores industry is expected to flourish in coming years, but online sales will surpass brick-and-mortar retailers. Storefront Shoe retailers have taken forward strides despite a challenging retail market. Sales for the Shoe Stores industry have sizably outperformed most other traditional apparel-retailing industries. While shoe-store operators have contended with difficulties such as consumers’ shift […]

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Foreign Buyers Tax Spells Unknown Consequences for Canada

Foreign Buyers Tax Spells Unknown Consequences for Canada

In an effort to prevent foreign capital from inflating already sky-high home prices in the Vancouver metropolitan area, the Government of British Columbia recently enacted a 15.0% transfer tax on any residential purchases undertaken by foreign buyers. Overview The new tax has been implemented alongside additional measures meant to curb demand for homes in Vancouver, […]

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Top Industries for Recent Grads

Top Industries for Recent Grads

This spring, 1.7 million undergraduates will cross the stage to receive their diploma. While some of these graduates will continue their education, the vast majority will enter the workforce in hopes of landing their dream job. With student debt at an all-time high, obtaining suitable and stable employment will be essential for new grads looking […]

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New Trade Policies Temporarily Benefit Steel Producers

New Trade Policies Temporarily Benefit Steel Producers

Overview On May 17, 2016, the Department of Commerce (DOC) finalized antidumping and countervailing (AD/CVD) duties on cold-rolled steel products from China and Japan in response to petitions from ArcelorMittal, Nucor, United States Steel Corp. and other major domestic steel producers. This decision follows more than a dozen other steel-related trade investigations over the past […]

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Whole Foods 365 Store Heightens Industry Competition

Whole Foods 365 Store Heightens Industry Competition

Overview The US supermarket chain Whole Foods is set to open its first 365 by Whole Foods Market store in LA’s Silver Lake neighborhood. The highly anticipated spin-off store will be about two-thirds larger than an average Whole Foods location and will primarily stock the company’s premium private label 365 brand merchandise. The new store […]

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Staples-Office Depot Merger Termination

Staples-Office Depot Merger Termination

Overview A federal judge blocked the planned merger of Staples and Office Depot on Tuesday, siding with the Federal Trade Commission’s (FTC) argument that the move would create an unrivaled giant with unfair leverage over large corporations that buy office supplies in bulk. In response to the decision, anticipated in recent months given the voracity […]

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Fading Federal Support Poses Obstacle to Offshore Wind

Fading Federal Support Poses Obstacle to Offshore Wind

The US Department of Energy has laid out an ambitious vision for the Wind Power industry: to meet 20.0% of the nation’s electricity demand by 2030. Under this scenario, roughly one-third of the required new wind capacity would be installed offshore, where wind farms can benefit from faster, more consistent wind speeds and proximity to […]

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Music Festivals Outshine Album Sales and Individual Tours

Music Festivals Outshine Album Sales and Individual Tours

It is no secret that physical record sales have declined significantly over the past decade. However, with the proliferation of subscription-based streaming websites, online sales of albums and digital song downloads have started to fall as well. As a result, musicians in the Musical Groups and Artists industry increasingly depend on live shows, particularly music festivals, […]