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Category: Featured

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oscars 2017 nominations

Oscars 2017: How Movie Theaters Fare After the Nominations

  On January 24, 2017, the nominees for the 89th Academy Awards were announced over the first-ever global live-stream, hosted by esteemed actors, actresses, writers, directors and the president of the Motion Picture Academy of America.  However, before the nomination announcement had even finished, the Academy’s choices were already a lightning rod for conversation. La […]

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proposed mexico tariff

Proposed Mexico Tariff: Industry Winners and Losers

On January 26, White House Press Secretary Sean Spicer said the Trump Administration was considering imposing a 20.0% import tariff on Mexican goods. The Trump administration is currently weighing a number of options for comprehensive tax reform, of which a 20.0% import tariff is one proposal.  According to the United States International Trade Commission, general […]

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Client Q&A with Paula Petersen, Procurement Director at PRIDE Industries

Client Q&A with Paula Petersen, Procurement Director at PRIDE Industries

This month, we caught up with Paula Petersen, Procurement Director at PRIDE Industries, to find out what’s going on in her world of procurement. IBISWorld: What challenge(s) do you and your company or department face right now? Paula Petersen: Even as a non-profit, we face margin and cost pressures, as we want to deliver the […]

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Corporate Tax Reform

Corporate Tax Reform: US Industries Set to Rise and Fall

Since the 2016 presidential election, participants in the business community have eagerly awaited the arrival of 2017, in hopes that the now Republican-controlled White House and Congress may together finally bring about comprehensive corporate tax reform. At 35.0%, the United States has the highest corporate income tax of any country in the Organisation for Economic […]

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Broken Heart: Valentine's Day Spending Expected to Fall in 2017

Broken Heart: Valentine’s Day Spending Expected to Fall in 2017

Consumers will leave retailers brokenhearted this Valentine’s Day, as IBISWorld anticipates holiday spending to contract 2.3% in 2017. Although the average consumer is only expected to cut their Valentine’s Day spending by $0.96 this year, the overall decline in holiday spending will stem from a drop in the number of shoppers participating in the special […]

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IBISWorld Launches Fast Tracks

IBISWorld Launches Fast Tracks

At IBISWorld we’re always looking for ways to make your job easier! And, after an overwhelmingly positive response to our proposed redesign, we’ve changed the way you view our website. To fully integrate our proprietary procurement data with a step-by-step sourcing process – while also making website navigation easier and faster – we are introducing […]

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Five Canadian Industries to Rise and Fall in 2017

Five Canadian Industries to Rise and Fall in 2017

From high-profile mergers and acquisitions to the Olympics, 2016 was a whirlwind of a year. Along with larger political and cultural trends, decade low oil and steel prices, rising unemployment and strong technological advancements have contributed sizably to both the growth and decay of a wide variety of Canadian industries this past year. Demographic shifts […]

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Gig Economy: Industries Embracing Mobile-Enabled Business Models

Gig Economy: Industries Embracing Mobile-Enabled Business Models

Technology has always been a crucial component of industry development and efficiency. While innovations in alternative energy and automation have improved processes in manufacturing and utilities industries, the rise of the internet and mobile technology has transformed dynamics within the retail, wholesale and service sectors. Developments in mobile commerce have allowed manufacturers, wholesalers and retailers […]

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Game Time: Sector Spending on Super Bowl Advertising

Game Time: Sector Spending on Super Bowl Advertising

In 2016, 111.9 million people tuned in to witness the Denver Broncos defeat the Carolina Panthers in the historic Super Bowl 50. However, the milestone faceoff was especially significant in terms of advertising, as costs for a 30-second midgame commercial averaged $5.0 million. This record is anticipated to be exceeded in 2017 as despite consistent […]

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Tech Takeover: Internet of Things

Tech Takeover: Internet of Things

This year’s Consumer Electronics Show (CES) in Las Vegas demonstrated the next frontier for consumer technology: smart, Wi-Fi-enabled devices for the home. The annual trade show, which was held from January 5 to 8, is known for showcasing and previewing the year’s newest and most exciting technologies, including new releases, as well as concepts and […]