Magellan Asset Management

Perhaps the defining trait of globalisation is how companies stretched their assembly lines around the world so that goods were made across many countries a long way from where they were sold. Innovations such as barcoding, the pallet, the shipping container (especially) and industrial forklifts that reduced transport costs and... Show More

Marcus Tuck

President Trump recently claimed he will be “the greatest jobs producer that God ever created”. Economists debate how much presidents actually influence job creation and President Trump is coming into office at a time when the US economy is already close to full employment in the opinion of the US... Show More

Livewire News

“In an increasingly common role reversal, companies such as the Chinese textile producer Keer Group are outsourcing production to places where the energy, raw materials, and labor are cheap and convenient -- places such as… South Carolina.” The Chairman of Keer Group says “We chose to locate our first US... Show More

Livewire News

US manufacturing slows - but still healthy. Manufacturing expanded in February at the weakest pace in a year, limited by weaker growth abroad and a work slowdown at West Coast ports. The Institute for Supply Management's index dropped to 52.9, the lowest since January 2014, from 53.5 a month earlier,... Show More

Gavin Wendt

This very interesting article challenges the accepted notion that the US has transformed itself as a manufacturer over recent years. Upon closer inspection, however, the data for 1999-2012 present little evidence of significant onshoring of US manufacturing. For starters, the share of US domestic demand for manufactures that is met... Show More

Jay Soloff

If you're in to economic data, then today's your day in the US. Multiple economics reports were released this morning, including industrial production, jobless claims, Empire Manufacturing, CPI, and several others. On the positive side, the May Empire State Manufacturing Survey showed significant gains for general business conditions, with an... Show More

James Marlay

Aitken sees new two speed economy emerging in Australia. With the falling AUD and decline in commodities demand from China, Aitken believes Victoria, NSW and QLD are well placed to benefit from a resurgence in swectors such as tourism, manufacturing and housing. He also outlines his investment thesis that short... Show More

Livewire News

The NZ manufacturing sector recorded its highest level of activity for almost nine years, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for May was 59.2 (a PMI reading above 50.0 indicates that manufacturing is generally expanding). This is the highest level... Show More