Economic Trends

5 articles

Skilled Indian plumber earning more than a junior software developer, illustrating a significant shift in the country's job market favoring trades.

India emphasizes skilled trades as tech sector shifts

In Bengaluru, a city synonymous with India's tech boom, a certified plumber now earns more than a junior software developer—a stark reversal from a decade ago.

Rick Donovan·June 18, 2026

A bustling, high-tech data center in Minneapolis contrasted with a dormant traditional industrial construction site, highlighting a market boom in one sector amidst a general slowdown.

Trades

Minneapolis data centers boom amid broader industrial slowdown

Construction activity in the greater Twin Cities area declined this spring.

Rick Donovan·June 9, 2026

Young adults in Gen Z actively participating in skilled trades, showcasing a modern and professional approach to vocational careers.

Industry

Gen Z Favors Trades Over College Amidst Economic Shifts

In spring 2026, enrollment in undergraduate certificate programs, commonly offered by trade schools, surged by 10.

Ben Foster·June 7, 2026

A busy construction site at sunrise with workers inspecting tools and equipment, symbolizing the surge in industrial sales and economic activity.

Tools & Equipment

Global Industrial Sales Surge 9.2% Amid Economic Headwinds

Caterpillar's construction industries revenue surged 38% to $7.

Kyle Brenner·May 14, 2026

Automotive Services

Global Automotive Aftermarket Reaches $443 Billion Amidst Growth

The average vehicle on American roads reached 12.6 years in 2024, the highest age ever recorded.

Luis Ortega·April 23, 2026