Economics

DAVOS (21 January 2013) -The unconventional oil and gas revolution has dramatically changed the global energy landscape, and in its wake is altering the world’s competitive manufacturing and industrial panorama, according to a new report from IHS (NYSE: IHS), a leading source of global information and analytics.

The revolution in unconventional oil and gas production is fundamentally changing the United States energy outlook, generating significant job creation, economic growth and government revenues, according to a new IHS study.

The natural gas "shale gale" that has dramatically transformed the outlook for U.S. energy supplies is also having profound economic impacts -- creating jobs, reducing consumer costs of natural gas and electricity, stimulating economic growth and bolstering federal, state and local tax revenue, according to a new IHS Global Insight study. The study found that shale gas production supported more than 600,000 jobs in 2010, a number that is projected to more...

The global economic recovery has stalled. IHS Global Insight has downgraded its forecast for both the United States and Europe on recent data that suggests a much more fragile recovery. In addition, other risks to the recovery remain, including rising oil prices, faltering growth in emerging markets and fiscal policy and political concerns of both the U.S. and the Eurozone.

IHS, the leading global source of information and analysis, today announced the findings of its Second Quarter 2011 IHS Global Insight Global Construction Outlook.  Total global construction spending is expected to increase three percent in 2011, and to reach the pre-crash peak level (2005 dollars), last seen in 2007, in 2012. 

Global residential sector spending will increase 1.2 percent over 2010 levels in 2011; non-residential structure spending is expected to grow at 4.3 percent more...

Consumer credit markets are expected to recover strongly in Eastern Europe in coming years thanks to solid economic expansion and lower levels of household debt while growth in West Europe is likely to be much more muted, according to a new study from IHS Global Insight and Efma (the European Financial Marketing Association).

The “Annual Consumer Finance Outlook 2010” report forecasts that the volume of consumer loans extended each year will grow by between 10 percent and 19 percent year-on- more...

IHS Global Insight, the recognized leader in providing the most comprehensive global economic information, analysis and consulting services around the world, has named Asia-Pacific expert Rajiv Biswas its Asia Chief Economist.

After a strong recovery in the second half of 2009 that extended through early 2010, the Canadian economy now faces new challenges. Growth is expected to slow dramatically in the second half of 2010, because of a dramatic early business cycle slowdown in the U.S., a general deceleration in the global economy, as well as moves towards both monetary and fiscal tightening on the home front.