Heavy truck production in North America would stagnate in 2022 compared to 2021, according to forecasts from Dana Incorporated, an automotive company with 40,200 employees. North American medium truck production experienced a 20% year-over-year decline between 2019 and 2020, primarily due to the Covid-19 pandemic. Then, during 2021,
According to BBVA Research, US interest rates are likely to be around 4.0% in early 2023. Central banks have reacted, paving the way for an aggressive tightening of monetary conditions. Specifically, the US Federal Reserve (Fed) has raised benchmark interest rates by 150 basis points (bps) since the
Globally, oil demand is expected to increase in the medium term, with the International Energy Agency (IEA) forecasting growth of 1.7 million barrels per day (or mb/d) in 2022 and another 2.1 mb/d in 2023, despite high oil prices and concerns about the health of the global economy.
Teekay Corporation expects the level of new tanker orders to remain low in the near term due to high prices for new vessels, a lack of shipyard space through the end of 2025 due to record levels of orders for containerships and LNG carriers, and continued uncertainty about
Procter & Gamble sales to Walmart Inc. and its subsidiaries account for 15% of this consumer goods company’s total sales in 2022, 2021 and 2020. No other customer accounts for more than 10% of Procter & Gamble’s total sales, while its top 10 customers accounted for 39% of
NIKE brand apparel revenue, excluding foreign exchange, increased 6% in fiscal 2022, ended May 31. Primarily, these revenues were driven by growth in men’s apparel. The company‘s apparel sales per unit were flat, with the increase in average selling price (ASP) per unit contributing approximately 6 percentage points