The US civil aircraft industry is projected to continue growing through 2023, with shipments expected to reach a nominal value of more than $100 billion that year. In part, the growing volume of aircraft assembled in the US by Airbus will help boost output. That and other key trends in the US industry are outlined below.
June 10, 2019After the US Department of Labor’s Fiduciary Duty rule was struck down by a federal appeals court in 2018, the federal government has yet to issue another iteration of the rule. However, a handful of states are attempting to create a robust standard.
May 13, 2019In February 2019, Caliber Collision acquired ABRA Auto Body & Glass, and the new company is expected to operate over 1,000 locations in the US. This acquisition (which was predictable) is emblematic of the market share gains that the “Big Four” body shops – ABRA Auto Body & Glass, Caliber Collision, Gerber Collision & Glass, and Service King – effected over the last decade.
May 13, 2019Long dominated by massive firms cloaked in secrecy, the model and value of consultancy services delivered by the likes of McKinsey and EY is being challenged. Startups are competing with lower-tier consultancies by making consulting an option for companies that would otherwise be unable to afford it.
April 30, 2019Iron ore miners have suffered for a while. Cheap imports and global steelmaking overcapacity have dragged down prices for domestically manufactured steel, thereby reducing demand for iron ore. However, the industry is expected to see robust growth through 2023 for three reasons.
April 22, 2019The NFL was alarmed in August 2016 at the outset of a string of player protests, which resulted in declining viewership and boycotts by some consumers – both in support of and opposition to the protest. How have the NFL and the spectator sports industry as a whole fared through all this turmoil?
April 22, 2019Legislators and regulators around the world strengthened financial regulations following the 2008 financial crisis that helped cause the 2009 global recession and contributed to the severity of the 2007-2009 US recession. However, as the financial crisis recedes from memory and as some participants in the banking industry voice complaints that regulations are preventing them from lending more aggressively, Congress and regulatory agencies have taken steps to curtail some regulations.
April 22, 2019As individuals spend more time facing computers and smartphones at home, work, school, and elsewhere, digital eye strain is becoming commonplace. Digital eye strain can be worse for eyeglass wearers due to potential reflections from the screen or other light sources onto the lenses. As a result, most major suppliers of eyeglass lenses to the US market – including EssilorLuxottica (via Essilor), Carl Zeiss (via Zeiss), HOYA, and Nikon (via Nikon Optical USA) – are marketing products specifically aimed at reducing eye strain for heavy users of digital devices.
April 15, 2019The aluminum industry is looking up. Historically low aluminum prices have finally risen due to the effect of the US government’s tariffs on imported primary aluminum. However, the future of the industry may not be quite so bright if the tariffs are repealed.
April 10, 2019As virtual reality (VR) continues to improve, firms in the engineering and architectural services industries are finding novel uses for the technology in their day-to-day operations. From client communication and model presentations to cooperative design work, the list of applications continues to grow. How will the widespread use of VR impact the industries going forward?
April 10, 2019