Automotive Developments Today - and the Profound Changes on the Horizon
The U.S. auto industry has flourished in part due to the influence of Japanese companies here. But there are serious game-changing events underway.
The automotive industry became a key growth industry in the U.S., especially after World War II, helping the U.S. solidify its position as…
Ports Look to Infrastructure Upgrades
As losses from the pandemic subside, economic recovery for ports means making them more useful for larger and larger container ships.
The pandemic, now showing signs of abating, effectively slowed down cargo shipping into the U.S. through 2020, especially those shipments originating in China. But things are changing fast…
Time To “Pivot, Stretch, And Adapt”
One of the global industries that has taken the biggest economic hit over the last year is the tourism industry. Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion, according to McKinsey and Company tourism report, making the sector nearly three times larger…
A Huge Industry Begins Reworking Itself
The food and beverage processing industry is huge in this country—one of the stronger industries in many U.S. states. It is led by California, with 3,679 food manufacturing companies as of 2018; followed by New York with 2,034 companies; and Texas, with 1,888 companies.
The…
More Efficient Agriculture Techniques are Coming into the Focus
Over just the past 90 years, U.S. agricultural output has increased by 400 percent, and with 10 percent less land required for that result.
But demand for food is growing at the same time the supply side faces constraints in land and farming inputs, according to a McKinsey and…