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Category: Industry Articles

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Loss of Tax Credits Takes the Wind from Turbines’ Sales

Written by Lucas Isakowitz for SME’s Energy Yearbook The Wind Turbine Manufacturing industry manufactures wind turbine blades, towers, generators and other related components. The industry’s performance is driven largely by investment tax credits and other government incentives that encourage energy producers to establish wind farms on US soil. Federal tax credits can make wind power […]

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Oil Well Drilling Equipment Manufacturing Challenges Still Await

Written by James Crompton for Society of Manufacturing Engineering Recent declines in oil prices have dramatically impacted industries of many types, and oil drilling equipment manufacturers must be particularly attentive to recent market conditions. As oil companies curtail spending on production, demand for oil drilling equipment is anticipated to undergo a period of weakness. Revenue in […]

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Business You Can Count On: 7 Growing Industries for Accountants

Written by Gavan Blau for the Association for Accounting Marketing Summit These seven industries are slated to achieve magnificent performance over the coming five years. Several trends will drive rapid revenue growth within each of these industries, including the increasing penetration of internet-based technologies into social and economic life; demographic shifts leading to an aging […]

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5 industries impacted by technological innovation

By Will McKitterick, Maksim Shoshkin and Darryle Ulama for the Legal Marketing Association Conference From smartphones to online food delivery, technology has infiltrated many aspects of daily life. For the most part, this trend has created immense opportunities for both businesses and consumers. However, technological innovation is increasingly clashing with the old world. Businesses based […]

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Top 8 Most Distressed Industries

Written by By Will McKitterick, Darryle Ulama and Maksim Soshkin for the M&A Advisor‘s Distressed Investing Summit The following list comprises the most distressed industries in the US economy, curated using IBISWorld’s proprietary database. The industries are ranked by the fastest anticipated annualized rate of decline in the number of industry enterprises over the five years […]

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Top 13 Industries Benefiting from China’s Urbanization

As China’s population continues its rapid migration from rural areas to urban environments, consumption trends in the country have been shifting rapidly. Rising urbanization has led to particularly strong demand in China’s construction and real estate sectors, as more housing and commercial structures are being built in first, second and third-tier cities. This increased city […]

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Industry Trends: Guns & Ammunition and Tanks & Armored Vehicle Manufacturing

As published in the Aerospace and Defense Manufacturing Yearbook Based on data sourced from the Federal Bureau of Investigation (FBI), IBISWorld estimates, and the US Census, the Guns and Ammunition Manufacturing industry witnessed an overall increase in sales during the past five years, with industry revenue expected to have grown at an annualized rate of […]

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Industry Trends: Guns & Ammunition and Tanks & Armored Vehicle Manufacturing

As published in the Aerospace and Defense Manufacturing Yearbook Based on data sourced from the Federal Bureau of Investigation (FBI), IBISWorld estimates, and the US Census, the Guns and Ammunition Manufacturing industry witnessed an overall increase in sales during the past five years, with industry revenue expected to have grown at an annualized rate of […]

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Industry Trends: Space Vehicle and Missile Manufacturing

Industry Trends: Space Vehicle and Missile Manufacturing

As published in the Aerospace and Defense Manufacturing Yearbook The Space Vehicle and Missile Manufacturing industry’s landscape has dramatically changed in recent years. The winding down of US combat operations in the Middle East, coupled with the effects of sequestration, have squeezed the defense budget, including spending on missiles and space systems. Sequestration has also […]

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Growing surplus: 5 burgeoning sectors for accountants

By IBISWorld Industry Analyst Jeremy Edwards, exclusively for the AICPA conference In 2014, corporate profit is forecast to expand 5.0% as improving macroeconomic conditions precipitate stronger nationwide consumer demand. Rising consumer spending and low interest rates have contributed to favorable conditions for companies across the United States. Consequently, professional service providers, such as accountants, have […]