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Category: Uncategorized

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New Frontier: Canada Looks to Other Trade Regions Amid NAFTA Renegotiations

New Frontier: Canada Looks to Other Trade Regions Amid NAFTA Renegotiations

Canadian business uncertainty is high following the recent US election due to the Trump administration’s goal to renegotiate the North American Free Trade Agreement (NAFTA). The Canadian economy has relied on US markets for decades  with exports to the United States consistently comprising more than 70.0% of  Canada’s total over the past 10 years. Amid […]

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Top Five Distressed US Industries

Top Five Distressed US Industries

A growing online presence, volatile commodity costs and trade patterns have influenced the following five industries significantly. The industries are ranked by the quickest expected industry value added (IVA) declines, which measures the industry’s contribution to the US economy, curated using IBISWorld’s proprietary database. In addition to IVA deteriorations, all five of these industries have […]

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NorCal vs. SoCal: Fastest Growing Industries by Region

NorCal vs. SoCal: Fastest Growing Industries by Region

From the Redwood Forest to the Baja Coast, California is home to a diverse array of climates, people and cultures. Although Californians collectively agree that the West Coast is the best coast and that In N Out is the best burger in town, many residents struggle to agree on whether Northern or Sothern California is […]

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dodd frank act reform pic

Dodd-Frank Act: Seven Industries to Benefit from Potential Reform

Since the end of the presidential election, many businesses and banks have continually monitored what changes may come in the form of regulation. With a Republican-controlled White House and Congress, it will become increasingly likely that the regulatory direction in which the financial sector moved over the past five years will reverse. The Trump administration […]

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Hoppy Go Lucky: Craft Beer vs. Cider on St. Patrick’s Day

Hoppy Go Lucky: Craft Beer vs. Cider on St. Patrick’s Day

On March 17, millions of Americans celebrate St. Patrick’s Day with festivities full of shamrocks, leprechauns, parades and beer. While Guinness, an Irish beer, remains a popular choice on this holiday, consumer tastes have been trending toward artisanal beer with finer ingredients and a wider variety of flavors than traditional beers. Over the past five […]

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Fourth Quarter Macroeconomic Update

Fourth Quarter Macroeconomic Update

Inflation-adjusted gross domestic product (GDP) grew at an annualized rate of 1.9% in the fourth quarter of 2016, according to the Bureau of Economic Analysis (BEA), down from 3.5% in the previous quarter. Such growth is primarily a result of positive trends in personal consumption expenditure, private inventory investment, residential and nonresidential investment spending and increases in state and local government spending. However, declines in federal government expenditures and poor export performance limited growth. […]

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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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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 0.8% in 2017. The overall decline in holiday spending will stem from a drop in the number of shoppers participating in the special day; according to the National Retail Federation (NRF), only 53.9% of consumers are anticipated to make Valentine’s […]

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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 […]