World Perspectives

Reading the Economic Tea Leaves

There has been some underlying positive economic news starting to emerge from the August data, though given the unprecedented nature of the economic disruption since February 2020, it is a bit of a mixed bag.   The private Institute for Supply Management (ISM) survey for manufacturing activity for August showed the 27th consecutive month of growth – which, by the way dates to June 2020 after the major impact of COVID. The August index was 52.8 percent, the same reading as recorded in July. While the index was up, it was only slightly higher than June 2020 at 52.4 percent and the second lowest since June 2020. But it is up. The jobs payrolls rose 315,000 in August, which narrowly beat consensus expectations. However, downwa...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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