Strategy

The Economy

U.S. Factory Orders Climb 1.1% in December

Manufacturing has been driven by strong demand for factory goods "as 23.7% of the labor force works from home because of the COVID-19 pandemic."
Analytics

Moving Beyond ‘Survive-at-All-Costs’ Mode

Expensive quick fixes are helping companies endure COVID-19 but they are not sustainable over a prolonged period of heightened volatility.
The Economy

Labor Cost Index Rises 0.7% in Fourth Quarter

“Overall, compensation costs are likely to remain subdued going forward, reflective of a high level of unemployment that will restrain wages."
The Economy

U.S. Economic Growth Slows to 4% in Q4

After the worst year for the economy since at least the end of World War II, economists are still hopeful of a faster recovery in the second half of 2021.
The Economy

IMF More Optimistic on Global Growth

The latest World Economic Outlook revised growth estimates but warned pandemic risks remain.
Hiring

Will Restaurants Recover in 2021?

"Restaurants were hit harder than any other industry during the pandemic, and still have the longest climb back to pre-coronavirus employment levels."
Strategy

Anheuser-Busch Pulls Budweiser Super Bowl Ads

The beer giant said it would redirect funds to vaccine outreach.
Analytics

Data and AI Belong At the Heart of ESG Initiatives

The primary cause of ESG failures is data: lack of data, lack of standards, and lack of understanding of how to use data.
Strategy

Godiva to Exit All North America Stores

Demand for in-person chocolate shopping had “waned as a result of the pandemic and its acceleration of changes in consumers’ shopping behavior."
Strategy

Instacart Fires Workers Who Formed Union

The job cuts are part of a wider round of layoffs that will affect more than 1,800 in-store shoppers.
The Economy

Homebuilder Confidence Sags for 2nd Straight Month

“Despite robust housing demand and low mortgage rates, buyers are facing a dearth of new homes on the market, which is exacerbating affordability problems."
Strategy

Microsoft, GM Strike Autonomous Vehicle Partnership

The companies hope to accelerate the commercialization of self-driving vehicles under GM’s brands.
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