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Chart of the day: Jobless claims fall amid tight labor market
Initial jobless claims fell by 5.2% last week to 200,000, a continuing reflection of the tight the labor market as layoffs remain near a multidecade low…

RSM US Supply Chain Index: Inventory-led improvement in April
Supply chain bottlenecks improved in April yet remained significantly underwater. At the current pace, a full recovery will not take place until the first half of next year.

Chart of the day: Job openings remain near record high
Job openings fell 3.8% to 11.4 million in April amid economic moderation and monetary policy tightening.

Manufacturing sector grew steadily in May
The manufacturing sector expanded at the slightly faster rate in May as demand remained strong.

RSM US Manufacturing Outlook Index shows 35% probability of recession over next year
The RSM US Manufacturing Outlook Index declined into negative terrain in May, signaling the impact of high inflation, rising interest rates, the lockdowns in China and the war in Ukraine.

Operational excellence: Trends shaping the IT industry
INSIGHTS AND RESOURCES< Back to Insights and ResourcesThis article was written by RSM US LLP and originally appeared on 2022-05-31.2022 RSM ...

Chart of the day: Pending home sales fell in April
Pending home sales in April dropped more than expected as mortgage rates climbed toward a multidecade high.

Initial jobless claims show signs of bottoming out
New filings for jobless benefits last week inched down to 210,000 as a tight labor market kept layoffs below pre-pandemic levels.

Changes to accounting for revenue contracts in a business combination
Discussion of the buyer's accounting in a business combination for contract assets and contract liabilities related to customer contracts.

ESG and supply chain trends in manufacturing
We examine the latest supply chain and ESG trends in manufacturing and discuss what's ahead for middle market business leaders.

GASB issues omnibus statement
The Governmental Accounting Standards Board has issued an omnibus statement addressing a wide range of practice issues.

New home sales fell 16.6% in April to lowest level since pandemic began
New home sales plummeted in April to their lowest since the onset of the pandemic amid a steep rise in mortgage rates and elevated prices.

Top trends affecting middle market biopharma companies
INSIGHTS AND RESOURCES< Back to Insights and ResourcesThis article was written by RSM US LLP and originally appeared on 2022-05-24.2022 RSM ...

Ninth Circuit reverses IRS win in $35 million partnership adjustment
The Ninth Circuit Court of Appeals reversed the United States Tax Court on the issue of what constitutes a filed partnership return.

Top 7 Internal Controls to Prevent Fraud
All companies are susceptible to and will likely experience fraud at some point. In this video, you will learn about simple and easy to implement controls and processes.