August housing starts exceed expectations

September 19, 2018
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By Scott Volling Housing starts for August exceeded expectations by 3.8%, coming in at 1,282,000, while results for permits came in below expectations at 1,229,000, 6.5% below consensus.  Starts improved 9.2% compared to July, but this is a bit misleading given the surprisingly low July number of 1,168,000.  August starts were driven by the volatile […]

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How can A&D companies strengthen their workforce?

September 18, 2018
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By Robert Ginzel and John Karren The A&D sector is enjoying strong growth, with transport aircraft orders at record levels and more dollars allocated for defense this year. But companies cannot deliver unless they have the right people—and that has A&D executives concerned. In our recent interviews with industry leaders, they expressed the difficulty of […]

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Where are the best places for A&D companies to expand?

September 12, 2018
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By Scott Thompson It was a very good year for the Aerospace and Defense (A&D) sector, which reported record profits. Demand for commercial aviation is growing at a rate about twice the growth of global GDP and aircraft manufacturing is at record levels and ramping up.  Also, defense budgets have increased significantly in the past […]

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Making the transition: Industrial products sector assimilates accounting changes

September 11, 2018
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By Kathy Nieland and Jeff Sorensen A wave of new accounting regulations has kept financial executives busy at industrial and manufacturing companies. From revenue recognition (ASC 606 & IFRS 15) and lease accounting (ASC 842 & IFRS 16) to new hedge accounting guidance, among others, companies have been taking steps to ensure compliance with these […]

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Automotive M&A on Pace for Record Year Despite Second Quarter Slowdown

August 23, 2018
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By Jeff Zaleski At the midway point of 2018, global automotive M&A activity has already reached 84% of the deal value we saw in all of 2017. However, uncertainty lies ahead by way of regulatory and geo-political pressures weighing on the industry. Here are our topline findings for Q2 automotive deal activity: Value: $14.1B worth […]

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Talking Tax round-up: Tax reform rulemaking, state conformity to tax reform, impact of Wayfair case

August 21, 2018
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By John Livingstone I recently hosted our latest video broadcast of ‘Talking Tax,’ which delved into the latest on tax reform — from rulemaking to state conformity — and then analyzed the impact of the Wayfair decision. Below are some highlights from our discussion and summaries of recent developments. Status of tax reform rulemaking Scott […]

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Slight increase in July housing starts, reflective of builder sentiment

August 16, 2018
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By Scott Volling Housing starts for July came in at 1,168,000, 7.3% below the consensus of 1,260,000 and only 0.9% above last month’s number of 1,158,000, which was revised down by 15,000 units.  This is the worst two month stretch for starts since April/May of last year.  Permits fared only slightly better, coming in at […]

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Aerospace & Defense sector well positioned to tackle cyber crimes

August 3, 2018
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By Scott Thompson and Todd Ranta As you may expect, the aerospace & defense (A&D) industry is ahead of other sectors related to its awareness of the complicated nuances of fraud and is taking more aggressively steps to address their concerns. This realization is putting A&D ahead of the pack when it comes to having […]

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Industrial manufacturers: Take the leap and create strategies for IoT investment

August 1, 2018
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By Bobby Bono and Barry Jaruzelski Industrial manufacturers cannot only rely on traditional machinery for revenue streams anymore. They realize that customers are increasingly seeking improved efficiency and production transparency from connected technologies and digitization – but getting there is the challenge. Our recent survey revealed that 72% of manufacturing companies are increasing their level […]

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Megadeals Making a Comeback in the Industrial Manufacturing Sector?

July 26, 2018
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By Paul Elie and Bobby Bono The industrial manufacturing sector saw its first megadeal (transactions worth more than $5 billion) in six quarters, disclosing a value of $11.1 billion in the second quarter of 2018. Here’s a quick snapshot of Q2 deal activity in the industrial manufacturing sector: Deal value increased 68% from the first […]

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