Visualized: The Rise of the LFP Battery
The article discusses the growing market for lithium iron phosphate (LFP) batteries, which are becoming popular in the electric vehicle (EV) industry. LFP batteries are favored for their safety, longevity, cost-effectiveness, and environmental sustainability. The global LFP battery market was valued at $12.5 billion in 2022 and is projected to reach $52.7 billion by 2030, with a compound annual growth rate of 19.7%. LFP batteries currently hold a 30% market share in the EV industry, a significant increase from 6% in 2020.
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The article discusses the growing market for lithium iron phosphate (LFP) batteries, which are becoming popular in the electric vehicle (EV) industry. LFP batteries are favored for their safety, longevity, cost-effectiveness, and environmental sustainability. The global LFP battery market was valued at $12.5 billion in 2022 and is projected to reach $52.7 billion by 2030, with a compound annual growth rate of 19.7%. LFP batteries currently hold a 30% market share in the EV industry, a significant increase from 6% in 2020.
Read details below
Telegraph
Visualized: The Rise of the LFP Battery
Primarily a key component in fertilizers, phosphate is also essential to lithium iron phosphate (LFP) battery technology. LFP is an emerging favorite in the expanding EV market, particularly in standard-range EVs. Factors driving this popularity include superior…
How Long it Took for Popular Apps to Reach 100 Million Users
Threads, Meta’s newest social media platform, reached 100 million users in just five days after its launch, according to Meta founder Mark Zuckerberg. This puts Threads ahead of other popular platforms in terms of speed at achieving this milestone. For comparison, Open AI’s ChatGPT took a little over a month to reach 100 million users, while TikTok and WeChat both took around nine months.
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Threads, Meta’s newest social media platform, reached 100 million users in just five days after its launch, according to Meta founder Mark Zuckerberg. This puts Threads ahead of other popular platforms in terms of speed at achieving this milestone. For comparison, Open AI’s ChatGPT took a little over a month to reach 100 million users, while TikTok and WeChat both took around nine months.
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Telegraph
How Long it Took for Popular Apps to Reach 100 Million Users
Of Twitter’s many new rivals, Meta’s newest social media platform Threads has established its presence with a bang. According to Meta founder Mark Zuckerberg, Threads took only 5 days to reach the key threshold of 100 million users. It achieved this milestone…
Ranked: The World’s Most Valuable Football Club Brands
Brand Finance, a brand valuation and strategy consultancy, has compiled a list of the world's 50 most valuable football club brands. Manchester City FC of the English Premier League takes the top spot with a brand value of $1.56 billion. Real Madrid CF of Spain is in second place with a brand value just above $1.5 billion, followed by FC Barcelona with a brand value of $1.4 billion. The UK is home to the most high-valued football club brands (18), followed by Germany (10) and Spain (9).
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Brand Finance, a brand valuation and strategy consultancy, has compiled a list of the world's 50 most valuable football club brands. Manchester City FC of the English Premier League takes the top spot with a brand value of $1.56 billion. Real Madrid CF of Spain is in second place with a brand value just above $1.5 billion, followed by FC Barcelona with a brand value of $1.4 billion. The UK is home to the most high-valued football club brands (18), followed by Germany (10) and Spain (9).
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Telegraph
Ranked: The World’s Most Valuable Football Club Brands
When the oldest national football competition—the FA Cup—was first played in 1872, the players didn’t get paid, clubs were local associations, and there were no such things as football brands. Skip ahead a century and a half and many football clubs have comparable…
Does “Made in America” Still Matter to Consumers?
A recent survey conducted by Morning Consult found that around two-thirds of American consumers regularly seek out products that are "Made in America." The report also revealed that companies that choose to move their production back to the U.S. are likely to experience reputational gains with American consumers. The survey showed that while both Democrats and Republicans had the same share of respondents favoring American-made products at 76%, only 57% of independents favored American-made products.
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A recent survey conducted by Morning Consult found that around two-thirds of American consumers regularly seek out products that are "Made in America." The report also revealed that companies that choose to move their production back to the U.S. are likely to experience reputational gains with American consumers. The survey showed that while both Democrats and Republicans had the same share of respondents favoring American-made products at 76%, only 57% of independents favored American-made products.
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Telegraph
Does “Made in America” Still Matter to Consumers?
Do American citizens care where their products come from? Well, it depends on who you ask. Over the past few decades, the importance of “Made in America”—labels on products indicating production was done in the U.S.—has ebbed and flowed. As China has grown…
Visualized: The U.S. $20 Trillion Economy by State
Every state in the U.S. plays a crucial role in the country's economy. California has the largest state economy with a real GDP of $2.9 trillion. New York and Texas are also major contributors to the nation's economy. The median GDP per state was $217 billion in 2022. The Great Lakes region and the Mideast region have GDPs higher than the median, while states in the Plains region and lower-population states generally have lower GDPs.
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Every state in the U.S. plays a crucial role in the country's economy. California has the largest state economy with a real GDP of $2.9 trillion. New York and Texas are also major contributors to the nation's economy. The median GDP per state was $217 billion in 2022. The Great Lakes region and the Mideast region have GDPs higher than the median, while states in the Plains region and lower-population states generally have lower GDPs.
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Telegraph
Visualized: The U.S. $20 Trillion Economy by State
A sum of its parts, every U.S. state plays an integral role in the country’s overall economy. Texas, for example, generates an economic output that is comparable to South Korea’s, and even a small geographical area like Washington, D.C. outputs over $129…
Hotter Than Ever: 2023 Sets New Global Temperature Records
July 2023 set new global temperature records, with the global average temperature reaching an unprecedented 17.2°C. The four hottest days on record occurred from July 4 to July 7, surpassing the previous record set in 2016. The increase in temperatures is attributed to the combination of the El Niño climate phenomenon and climate change. The Earth's average global temperature has risen by at least 1.1°C since 1880, and the pace of warming has significantly increased in the last century due to the burning of fossil fuels.
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July 2023 set new global temperature records, with the global average temperature reaching an unprecedented 17.2°C. The four hottest days on record occurred from July 4 to July 7, surpassing the previous record set in 2016. The increase in temperatures is attributed to the combination of the El Niño climate phenomenon and climate change. The Earth's average global temperature has risen by at least 1.1°C since 1880, and the pace of warming has significantly increased in the last century due to the burning of fossil fuels.
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Telegraph
Hotter Than Ever: 2023 Sets New Global Temperature Records
As local heat records are being broken across the planet, July 2023 also saw the global average temperature soar to an unprecedented 17.2°C (62.9°F). In fact, according to the U.S. National Oceanic and Atmospheric Administration (NOAA), the four hottest days…
What’s New on VC+ in July
Visual Capitalist is introducing a new program called VC+ that provides exclusive access to visual insights for leaders at Fortune 500 companies. VC+ members will receive a newsletter called The Trendline twice a week, as well as monthly special dispatches and access to the VC+ Archive. This month, VC+ members can expect special dispatches on cartography and a Q&A with the VC team about the development of their upcoming app. In addition, members will receive the premium newsletter, The Trendline, which highlights the best visualizations and reports each week.
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Visual Capitalist is introducing a new program called VC+ that provides exclusive access to visual insights for leaders at Fortune 500 companies. VC+ members will receive a newsletter called The Trendline twice a week, as well as monthly special dispatches and access to the VC+ Archive. This month, VC+ members can expect special dispatches on cartography and a Q&A with the VC team about the development of their upcoming app. In addition, members will receive the premium newsletter, The Trendline, which highlights the best visualizations and reports each week.
Read details below
Telegraph
What’s New on VC+ in July
If you’re a regular visitor to Visual Capitalist, you know that we’re your home base for data-driven, visual storytelling that helps explain a complex world. But did you know there’s a way to get even more out of Visual Capitalist, all while helping support…
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3 Ways the Shipping Industry is Addressing Climate Change
According to a two-part series from Seaspan Corporation, the global shipping industry emitted 1.1 billion metric tons of greenhouse gas emissions in 2018, making up 2.89% of anthropogenic emissions. This figure is expected to increase by 90-130% in 2050. The report suggests several ways the shipping industry can become more sustainable, including propeller upgrades, hull coatings, main engine retrofits, and slowing down ships.
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According to a two-part series from Seaspan Corporation, the global shipping industry emitted 1.1 billion metric tons of greenhouse gas emissions in 2018, making up 2.89% of anthropogenic emissions. This figure is expected to increase by 90-130% in 2050. The report suggests several ways the shipping industry can become more sustainable, including propeller upgrades, hull coatings, main engine retrofits, and slowing down ships.
Read details below
Telegraph
3 Ways the Shipping Industry is Addressing Climate Change
The global shipping industry is on the verge of a transformation not seen since the transition from sail to steam. In 2018, the industry emitted 1.1 billion metric tons of greenhouse gas emissions, representing 2.89% of all anthropogenic, or human-caused…
How Do Chinese Citizens Feel About Other Countries?
Chinese sentiment towards other countries has been significantly impacted by tensions over Taiwan, the COVID-19 pandemic, trade, and the war in Ukraine, according to a survey by the Center for International Security and Strategy at Tsinghua University. The survey found that just under 60% of respondents held Russia in a favorable view, contrasting with the mere 12% who viewed the U.S. positively. Japan ranked just below the U.S. in terms of overall unfavorability, while Indian received the lowest favorability rating at just 8%.
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Chinese sentiment towards other countries has been significantly impacted by tensions over Taiwan, the COVID-19 pandemic, trade, and the war in Ukraine, according to a survey by the Center for International Security and Strategy at Tsinghua University. The survey found that just under 60% of respondents held Russia in a favorable view, contrasting with the mere 12% who viewed the U.S. positively. Japan ranked just below the U.S. in terms of overall unfavorability, while Indian received the lowest favorability rating at just 8%.
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Telegraph
How Do Chinese Citizens Feel About Other Countries?
Tensions over Taiwan, the COVID-19 pandemic, trade, and the war in Ukraine have impacted Chinese sentiment towards other countries. This visualization uses data from the Center for International Security and Strategy (CISS) at Tsinghua University to rank…
How U.S. Vehicle Production Has Shifted Over 45 Years
The production of SUVs in the United States has surged over the last few decades, with SUVs becoming the leading vehicle type. Once seen as off-road vehicles, SUVs became popular as a transportation option for large families and subsequently became top-selling models for automakers. The growth of SUVs has been partly attributed to all-wheel drive systems that gained momentum in the 1980s, as well as the introduction of new SUV models such as the Jeep Cherokee and Land Rover's Range Rover.
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The production of SUVs in the United States has surged over the last few decades, with SUVs becoming the leading vehicle type. Once seen as off-road vehicles, SUVs became popular as a transportation option for large families and subsequently became top-selling models for automakers. The growth of SUVs has been partly attributed to all-wheel drive systems that gained momentum in the 1980s, as well as the introduction of new SUV models such as the Jeep Cherokee and Land Rover's Range Rover.
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Telegraph
How U.S. Vehicle Production Has Shifted Over 45 Years
Over the last few decades, vehicle production in the U.S. has dramatically shifted, with SUVs emerging as the indisputable frontrunners. Once perceived as vehicles solely for off-road capabilities and adventuring (hence the name sport utility vehicle), SUVs…
How Much the Most Followed Instagram Accounts Earn on Posts
According to data from HopperHQ, Cristiano Ronaldo, the most followed person on Instagram, could charge an estimated $2.4 million per sponsored post in 2022. Following him is Kylie Jenner, who could charge $1.8 million per sponsored post. The most commonly followed celebrities in the top 20 are musicians, such as Ariana Grande, Beyoncé, and Taylor Swift, who accounted for 45% of the most followed accounts. Interestingly, Katy Perry was found to earn more per follower than all of the top 20 accounts, despite having fewer followers than most of them.
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According to data from HopperHQ, Cristiano Ronaldo, the most followed person on Instagram, could charge an estimated $2.4 million per sponsored post in 2022. Following him is Kylie Jenner, who could charge $1.8 million per sponsored post. The most commonly followed celebrities in the top 20 are musicians, such as Ariana Grande, Beyoncé, and Taylor Swift, who accounted for 45% of the most followed accounts. Interestingly, Katy Perry was found to earn more per follower than all of the top 20 accounts, despite having fewer followers than most of them.
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Telegraph
How Much the Most Followed Instagram Accounts Earn on Posts
Instagram is not only one of the biggest social media platforms, it’s also one of the most profitable for high profile creators. Despite having fewer users than platforms like Facebook and YouTube, Instagram’s higher engagement rate gives it one of the highest…
Understanding the Global Supply of Water
The demand for water has increased due to the growing global population and agricultural needs, putting pressure on the world's water supply. This has resulted in stress on freshwater resources and depletion of reservoirs. Only 3% of the Earth's water is freshwater, with two-thirds locked away in snow, glaciers, and polar ice caps, and a third in fast-depleting groundwater resources. This leaves just 1% of global freshwater as easily sourced supply from rainfall and reservoirs.
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The demand for water has increased due to the growing global population and agricultural needs, putting pressure on the world's water supply. This has resulted in stress on freshwater resources and depletion of reservoirs. Only 3% of the Earth's water is freshwater, with two-thirds locked away in snow, glaciers, and polar ice caps, and a third in fast-depleting groundwater resources. This leaves just 1% of global freshwater as easily sourced supply from rainfall and reservoirs.
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Telegraph
Understanding the Global Supply of Water
As the world’s population and its agricultural needs have grown, so too has the demand for water, putting the world’s supply of water under the microscope. A century ago, freshwater consumption was six times lower than in modern times. This increase in demand…
Ranked: The Top Economies in the World (1980‒2075)
According to a report from Goldman Sachs, the balance of global economic power is expected to shift dramatically in the coming decades. By 2050, Asia is projected to have a larger share of global GDP, with Indonesia becoming the fourth-largest economy. In 2075, Nigeria, Pakistan, and Egypt are expected to break into the top 10 economies, while European economies slip further down the rankings. China, India, and the US are predicted to have similar GDPs by 2075, suggesting equal economic power and the potential to shape the global landscape.
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According to a report from Goldman Sachs, the balance of global economic power is expected to shift dramatically in the coming decades. By 2050, Asia is projected to have a larger share of global GDP, with Indonesia becoming the fourth-largest economy. In 2075, Nigeria, Pakistan, and Egypt are expected to break into the top 10 economies, while European economies slip further down the rankings. China, India, and the US are predicted to have similar GDPs by 2075, suggesting equal economic power and the potential to shape the global landscape.
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Telegraph
Ranked: The Top Economies in the World (1980‒2075)
According to a recent report from Goldman Sachs, the balance of global economic power is projected to shift dramatically in the coming decades. In the graphic above, we’ve created a bump chart that provides a historical and predictive overview of the world’s…
Mapped: Global Livestock Distribution and Density
Mapped: Global Livestock Distribution and Density
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Combined together, meat, dairy, and eggs make up nearly 18% of the average person’s diet.
But in order for these meat and animal products to reach consumers, a vast global livestock industry—one supporting the livelihoods of 1.3 billion people globally—operates in fields and farms largely unseen from major cities.
So where are the various types of livestock concentrated in the world? And how do national consumption habits influence animal husbandry?
These maps from Adam Symington help to answer these questions, using the Gridded Livestock of the World database from the UN Food and Agriculture Organization (FAO), which models livestock densities from 2010 around the world.
Chicken, Beef, and Pork Livestock Density
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As a starting point, it’s worth noting that the above map of all livestock might seem reminiscent to a human population density map.
Though there is definite correlation, especially when it comes to natural obstacles for both humans and livestock like deserts, forests, and mountain ranges, the concentration of livestock spreads far further than the densest human cities.
We dive into each category of livestock below.
### Chicken Livestock Density
The UN FAO estimates that the world produced more than 121 million tonnes of chicken meat in 2021, making it the world’s most harvested meat. Chicken eggs are also estimated to account for 93% of the world’s 86 million tonnes of poultry eggs.
These numbers and the map below help illustrate the sheer number of chickens needed to support the world’s appetite for chicken goods.
Just by glancing at the heatmap map of chicken distribution, two things stand out clearly. First is how ubiquitous chickens are, with a high density of chicken livestock in almost all of the world’s populated regions.
But the map also gives us insight into where most farms are located. In the U.S. for example, Southern states including Georgia, North Carolina, Alabama, Mississippi, and Arkansas are major chicken producers. Likewise in countries like Brazil and China, the chicken industry can be seen continuing inland far beyond the more populated coastal regions.
### Pig Livestock Density
Shifting attention to pig livestock, we see densities begin to concentrate in a few specific regions.
Read details below
Mapped: Global Livestock Distribution and Density
-------------------------------------------------
Combined together, meat, dairy, and eggs make up nearly 18% of the average person’s diet.
But in order for these meat and animal products to reach consumers, a vast global livestock industry—one supporting the livelihoods of 1.3 billion people globally—operates in fields and farms largely unseen from major cities.
So where are the various types of livestock concentrated in the world? And how do national consumption habits influence animal husbandry?
These maps from Adam Symington help to answer these questions, using the Gridded Livestock of the World database from the UN Food and Agriculture Organization (FAO), which models livestock densities from 2010 around the world.
Chicken, Beef, and Pork Livestock Density
-----------------------------------------
As a starting point, it’s worth noting that the above map of all livestock might seem reminiscent to a human population density map.
Though there is definite correlation, especially when it comes to natural obstacles for both humans and livestock like deserts, forests, and mountain ranges, the concentration of livestock spreads far further than the densest human cities.
We dive into each category of livestock below.
### Chicken Livestock Density
The UN FAO estimates that the world produced more than 121 million tonnes of chicken meat in 2021, making it the world’s most harvested meat. Chicken eggs are also estimated to account for 93% of the world’s 86 million tonnes of poultry eggs.
These numbers and the map below help illustrate the sheer number of chickens needed to support the world’s appetite for chicken goods.
Just by glancing at the heatmap map of chicken distribution, two things stand out clearly. First is how ubiquitous chickens are, with a high density of chicken livestock in almost all of the world’s populated regions.
But the map also gives us insight into where most farms are located. In the U.S. for example, Southern states including Georgia, North Carolina, Alabama, Mississippi, and Arkansas are major chicken producers. Likewise in countries like Brazil and China, the chicken industry can be seen continuing inland far beyond the more populated coastal regions.
### Pig Livestock Density
Shifting attention to pig livestock, we see densities begin to concentrate in a few specific regions.
Read details below
Telegraph
Mapped: Global Livestock Distribution and Density
Combined together, meat, dairy, and eggs make up nearly 18% of the average person’s diet. But in order for these meat and animal products to reach consumers, a vast global livestock industry—one supporting the livelihoods of 1.3 billion people globally—operates…
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Ranked: The Top 100 Brands by Value in 2023
Ranked: The Top 100 Brands by Value in 2023
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Brand value can be a critical part of any company’s intangible assets.
These kind of non-physical assets, such as patents and brand names, are having an increasing influence on a company’s overall value. A 2020 analysis found that intangibles made up 90% of the S&P 500’s market value, an increase of 22 percentage points since 1995.
This graphic shows the world’s 100 most valuable brands in 2023 based on an annual ranking from Brand Finance, illustrating the role brand equity plays in a company’s market position.
The Top 100 Companies, by Brand Value
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Brand Finance examined over 5,000 companies (and in cases of groups like Alphabet and Meta, their subsidiary brands) across 38 countries.
Broadly speaking, a brand’s value represents the allocation of company earnings that are linked to the brand. More details on the methodology are found at the end of this article.
Here are the most valuable brands in 2023:
Amazon ranks number one globally with its brand valued at $299 billion. As a market leader in online retail, it has strong brand loyalty in its B2C segment which generates its largest share of revenue, and is a key player in cloud services for its B2B platforms.
Apple is in close second with a $298 billion brand. It’s important to note that both tech giants brands fell in value from last year, as supply chain disruptions, labor market constraints, and slower forecasted revenue impacted their brands.
Other big tech brands Google (#3) and Microsoft (#4) were next in the ranking. Korean conglomerate Samsung (#6) was the highest-ranking firm based outside of America.
Brand Value: Leading Sectors in 2023
------------------------------------
Looking at brand value based on sector, we can see that tech continues to dominate. The sector breakdown below uses data from the top 500 brands covered by Brand Finance.
Overall, the top tech brands were worth a combined $891 billion largely thanks to the outsized influence of Apple, Microsoft, and Samsung.
After retail and media, the banking sector still held significant brand sway at $467 billion. Automobiles rounded out the top five sectors at $397 billion, led by companies like Tesla and Mercedes-Benz.
Read details below
Ranked: The Top 100 Brands by Value in 2023
-------------------------------------------
Brand value can be a critical part of any company’s intangible assets.
These kind of non-physical assets, such as patents and brand names, are having an increasing influence on a company’s overall value. A 2020 analysis found that intangibles made up 90% of the S&P 500’s market value, an increase of 22 percentage points since 1995.
This graphic shows the world’s 100 most valuable brands in 2023 based on an annual ranking from Brand Finance, illustrating the role brand equity plays in a company’s market position.
The Top 100 Companies, by Brand Value
-------------------------------------
Brand Finance examined over 5,000 companies (and in cases of groups like Alphabet and Meta, their subsidiary brands) across 38 countries.
Broadly speaking, a brand’s value represents the allocation of company earnings that are linked to the brand. More details on the methodology are found at the end of this article.
Here are the most valuable brands in 2023:
Amazon ranks number one globally with its brand valued at $299 billion. As a market leader in online retail, it has strong brand loyalty in its B2C segment which generates its largest share of revenue, and is a key player in cloud services for its B2B platforms.
Apple is in close second with a $298 billion brand. It’s important to note that both tech giants brands fell in value from last year, as supply chain disruptions, labor market constraints, and slower forecasted revenue impacted their brands.
Other big tech brands Google (#3) and Microsoft (#4) were next in the ranking. Korean conglomerate Samsung (#6) was the highest-ranking firm based outside of America.
Brand Value: Leading Sectors in 2023
------------------------------------
Looking at brand value based on sector, we can see that tech continues to dominate. The sector breakdown below uses data from the top 500 brands covered by Brand Finance.
Overall, the top tech brands were worth a combined $891 billion largely thanks to the outsized influence of Apple, Microsoft, and Samsung.
After retail and media, the banking sector still held significant brand sway at $467 billion. Automobiles rounded out the top five sectors at $397 billion, led by companies like Tesla and Mercedes-Benz.
Read details below
Telegraph
Ranked: The Top 100 Brands by Value in 2023
Brand value can be a critical part of any company’s intangible assets. These kind of non-physical assets, such as patents and brand names, are having an increasing influence on a company’s overall value. A 2020 analysis found that intangibles made up 90%…
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The Fastest Growing and Declining Industries in the U.S. (2021-2031P)
U.S. Employment Trends by Industry (2021–2031)
----------------------------------------------
The labor force is always shifting, responding to technological or societal changes.
For that reason, keeping an eye on the fastest growing industries can help workers and businesses stay on top of the crucial trends driving employment.
Today, we look through projections from the U.S. Bureau of Labor Statistics (BLS) on the fastest growing industries, as well as those that are the fastest declining, by percentage employment change between 2021 and 2031.
Ranked: Fastest Growing Industries By Employment Change
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Event Promoters, Agents, and Managers top the list of fastest growing industries, with an impressive predicted growth of 39%, employing over 180,000 workers by 2031.
Amusement Parks and Arcades follows close behind, with an expected 38% increase—adding over 60,000 new employees—in the same time period. Ranked third, the Performing Arts industry will start the next decade with around a 100,000-strong workforce, up 35% from 2021.
Below is the full list of BLS’ projected fastest growing industries, ranked by percent change in employment, between 2021–2031.
Note: Services & Other sector includes Information, Education and State & Local Government industries.All of the top three industries belong to the Leisure and Hospitality sector, which accounts for seven of the 20 fastest growing industries. This outsized performance reflects recovery more than pure growth, as the BLS notes that the Leisure and Hospitality sector was unduly affected by the COVID-19 pandemic, giving it a lower-than-usual baseline in 2021.
Ranked fourth by employment change percentage is Individual and Family Services, though it is actually expected to see the largest growth in total employment terms, adding 850,000 new workers by the end of the decade. It is one of three industries in the Health Care and Social Assistance sector with large projected growth, thanks to an increased need for care service due to an aging American population.
Not to be missed is Computer Systems Design, projected to grow by 20% in employment thanks to growing demand for computing infrastructure and IT security.
Read details below
U.S. Employment Trends by Industry (2021–2031)
----------------------------------------------
The labor force is always shifting, responding to technological or societal changes.
For that reason, keeping an eye on the fastest growing industries can help workers and businesses stay on top of the crucial trends driving employment.
Today, we look through projections from the U.S. Bureau of Labor Statistics (BLS) on the fastest growing industries, as well as those that are the fastest declining, by percentage employment change between 2021 and 2031.
Ranked: Fastest Growing Industries By Employment Change
-------------------------------------------------------
Event Promoters, Agents, and Managers top the list of fastest growing industries, with an impressive predicted growth of 39%, employing over 180,000 workers by 2031.
Amusement Parks and Arcades follows close behind, with an expected 38% increase—adding over 60,000 new employees—in the same time period. Ranked third, the Performing Arts industry will start the next decade with around a 100,000-strong workforce, up 35% from 2021.
Below is the full list of BLS’ projected fastest growing industries, ranked by percent change in employment, between 2021–2031.
Note: Services & Other sector includes Information, Education and State & Local Government industries.All of the top three industries belong to the Leisure and Hospitality sector, which accounts for seven of the 20 fastest growing industries. This outsized performance reflects recovery more than pure growth, as the BLS notes that the Leisure and Hospitality sector was unduly affected by the COVID-19 pandemic, giving it a lower-than-usual baseline in 2021.
Ranked fourth by employment change percentage is Individual and Family Services, though it is actually expected to see the largest growth in total employment terms, adding 850,000 new workers by the end of the decade. It is one of three industries in the Health Care and Social Assistance sector with large projected growth, thanks to an increased need for care service due to an aging American population.
Not to be missed is Computer Systems Design, projected to grow by 20% in employment thanks to growing demand for computing infrastructure and IT security.
Read details below
Telegraph
The Fastest Growing and Declining Industries in the U.S. (2021-2031P)
The labor force is always shifting, responding to technological or societal changes. For that reason, keeping an eye on the fastest growing industries can help workers and businesses stay on top of the crucial trends driving employment. Today, we look through…
Which Countries Are Most Reliant on Coal?
Which Countries Are Most Reliant on Coal?
-----------------------------------------
This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on real assets and resource megatrends each week.
Global energy policies and discussions in recent years have been focused on the importance of decarbonizing the energy system in the transition to net zero.
However, despite efforts to reduce carbon emissions, fossil fuels still account for more than 80% of primary energy use globally—and coal, the world’s most affordable energy fuel, is also the largest source of energy-related CO2 emissions.
The graphic above uses data from the Statistical Review of World Energy to show how much select countries rely on fossil fuels, particularly coal.
Coal’s Importance in Emerging Economies
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Coal is the largest source of electricity generation and the primary fuel for iron, steel, and cement production, making it central to climate and energy discussions.
The fossil fuel continues to be an affordable and abundant source of energy, particularly in emerging economies where demand is expanding rapidly.
South Africa is the world’s most coal-dependent nation featured in the statistical review, with coal accounting for 69% of its primary energy consumption in 2022.
Percentages may not add to 100 due to rounding. Select countries shown above.
In 2022, global consumption of coal surpassed 8 billion tonnes in a single year for the first time, with China and India being the two biggest consumers in absolute terms.
China’s power sector alone accounts for one-third of global coal consumption. Meanwhile, with a growth rate of 6% annually, India has doubled its coal consumption since 2007—and is expected to lead the growth in coal consumption for years to come.
Coal Demand in Developed Countries
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U.S. consumption of coal has dropped almost 50% compared to the early 2010s.
With initiatives like the Inflation Reduction Act (IRA), which includes nearly $370 billion to accelerate the U.S.’s energy transition, coal consumption is expected to remain on a downward trajectory in the United States.
Source: BP Energy Outlook 2023. The forecast is based on BP’s scenario for global net-zero emissions by 2050.
The same movement is seen in the European Union.
Read details below
Which Countries Are Most Reliant on Coal?
-----------------------------------------
This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on real assets and resource megatrends each week.
Global energy policies and discussions in recent years have been focused on the importance of decarbonizing the energy system in the transition to net zero.
However, despite efforts to reduce carbon emissions, fossil fuels still account for more than 80% of primary energy use globally—and coal, the world’s most affordable energy fuel, is also the largest source of energy-related CO2 emissions.
The graphic above uses data from the Statistical Review of World Energy to show how much select countries rely on fossil fuels, particularly coal.
Coal’s Importance in Emerging Economies
---------------------------------------
Coal is the largest source of electricity generation and the primary fuel for iron, steel, and cement production, making it central to climate and energy discussions.
The fossil fuel continues to be an affordable and abundant source of energy, particularly in emerging economies where demand is expanding rapidly.
South Africa is the world’s most coal-dependent nation featured in the statistical review, with coal accounting for 69% of its primary energy consumption in 2022.
Percentages may not add to 100 due to rounding. Select countries shown above.
In 2022, global consumption of coal surpassed 8 billion tonnes in a single year for the first time, with China and India being the two biggest consumers in absolute terms.
China’s power sector alone accounts for one-third of global coal consumption. Meanwhile, with a growth rate of 6% annually, India has doubled its coal consumption since 2007—and is expected to lead the growth in coal consumption for years to come.
Coal Demand in Developed Countries
----------------------------------
U.S. consumption of coal has dropped almost 50% compared to the early 2010s.
With initiatives like the Inflation Reduction Act (IRA), which includes nearly $370 billion to accelerate the U.S.’s energy transition, coal consumption is expected to remain on a downward trajectory in the United States.
Source: BP Energy Outlook 2023. The forecast is based on BP’s scenario for global net-zero emissions by 2050.
The same movement is seen in the European Union.
Read details below
Telegraph
Which Countries Are Most Reliant on Coal?
This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on real assets and resource megatrends each week. Global energy policies and discussions in recent years have been focused on the importance of decarbonizing…
Innovation in Virology: Vaccines and Antivirals
Innovation in Virology: Vaccines and Antivirals
-----------------------------------------------
The COVID-19 pandemic affected millions of people worldwide and brought renewed focus to virology—the study of viruses.
However, impact made by viruses extends far beyond the SARS-CoV-2 virus that causes COVID-19. There are 24 viruses that have each infected more than 80 million people globally, from hepatitis to influenza.
In this graphic from MSCI, we uncover innovation in vaccines and antivirals and the related market opportunities.
What is a Virus?
--------------------
A virus is a microscopic infectious agent that replicates within living cells. It may cause disease in its host. New viruses can emerge at any time as a result of mutation, or when viruses transfer from animals to humans.
Through virology, scientists are continuously finding new ways to fight against infectious diseases. Two main types of anti-infectives are available: vaccines and antivirals.
Rapid Innovation in Vaccines
--------------------------------
Vaccines are substances designed to prevent people from getting infected with a disease or experiencing serious symptoms.
The number of vaccines has increased dramatically over the last three decades. From 2020 to 2021 alone, the number of approved vaccines or clinical candidates jumped by 13%.
Not only that, it’s possible to have shorter approval timelines. COVID-19 vaccines were approved within 11 months, much more quickly than the 2000-2020 average of 10 years.
In the time between an outbreak and vaccine development, antivirals can play a vital role.
Antivirals: The Second Line of Defense in Virology
------------------------------------------------------
Antivirals are drugs that slow or prevent the growth of a virus and treat disease symptoms. They are especially important tools for diseases that do not have an associated vaccine.
In 2021, there were nearly six times as many approved antivirals as there were in 1995. Not only that, antiviral uses have grown to include the potential prevention and treatment of HIV, COVID-19, and a number of other diseases.
Innovation in virology—and the potential for future developments—is leading to a growing industry.
Expanding Market Opportunities
----------------------------------
With opportunities growing and approval times shortening, more companies are entering the market.
Read details below
Innovation in Virology: Vaccines and Antivirals
-----------------------------------------------
The COVID-19 pandemic affected millions of people worldwide and brought renewed focus to virology—the study of viruses.
However, impact made by viruses extends far beyond the SARS-CoV-2 virus that causes COVID-19. There are 24 viruses that have each infected more than 80 million people globally, from hepatitis to influenza.
In this graphic from MSCI, we uncover innovation in vaccines and antivirals and the related market opportunities.
What is a Virus?
--------------------
A virus is a microscopic infectious agent that replicates within living cells. It may cause disease in its host. New viruses can emerge at any time as a result of mutation, or when viruses transfer from animals to humans.
Through virology, scientists are continuously finding new ways to fight against infectious diseases. Two main types of anti-infectives are available: vaccines and antivirals.
Rapid Innovation in Vaccines
--------------------------------
Vaccines are substances designed to prevent people from getting infected with a disease or experiencing serious symptoms.
The number of vaccines has increased dramatically over the last three decades. From 2020 to 2021 alone, the number of approved vaccines or clinical candidates jumped by 13%.
Not only that, it’s possible to have shorter approval timelines. COVID-19 vaccines were approved within 11 months, much more quickly than the 2000-2020 average of 10 years.
In the time between an outbreak and vaccine development, antivirals can play a vital role.
Antivirals: The Second Line of Defense in Virology
------------------------------------------------------
Antivirals are drugs that slow or prevent the growth of a virus and treat disease symptoms. They are especially important tools for diseases that do not have an associated vaccine.
In 2021, there were nearly six times as many approved antivirals as there were in 1995. Not only that, antiviral uses have grown to include the potential prevention and treatment of HIV, COVID-19, and a number of other diseases.
Innovation in virology—and the potential for future developments—is leading to a growing industry.
Expanding Market Opportunities
----------------------------------
With opportunities growing and approval times shortening, more companies are entering the market.
Read details below
Telegraph
Innovation in Virology: Vaccines and Antivirals
The COVID-19 pandemic affected millions of people worldwide and brought renewed focus to virology—the study of viruses. However, impact made by viruses extends far beyond the SARS-CoV-2 virus that causes COVID-19. There are 24 viruses that have each infected…
3 Reasons to Explore International Stocks Now
3 Reasons to Explore International Stocks Now
-------------------------------------------------
International stocks have been outperforming their U.S. counterparts recently, based on a one-year rolling return. Could they be due for a cyclical comeback?
In this graphic from New York Life Investments, we explore why current economic conditions make it more likely that international investments could boost a portfolio’s return.
1. Diversification Amid an Uncertain Economy
------------------------------------------------
The U.S. economic outlook is uncertain, and this could lead to lower returns in U.S. markets.
In fact, investment firms predict that U.S. stocks could see an annualized return of 6.7% over the next 10 years, compared to 9.4% for developed market stocks. This is based on an average of capital market assumptions from six investment firms published at the end of 2022.
Historically, international stocks have generated better returns when U.S. stocks have seen poor long-term performance. As seen in the below table, in the wake of the global financial crisis, international equities’ 10-year returns were 17% higher than U.S. equities on average.
Adding exposure to international investments may help boost return potential when U.S. equities are underperforming on a long-term basis.
2. Valuations are at Historical Lows
----------------------------------------
International equities are currently trading at 20-year lows relative to U.S. stocks, which could present attractive opportunities.
In fact, the relative P/E ratio for international equities is 30% below the long-term average.
Importantly, some surveyed asset managers believe these lower valuations will fuel the outperformance of international investments over the next decade.
3. U.S. Dollar Dropping From September 2022 Peak
----------------------------------------------------
During six of the last seven periods of a weakening U.S. dollar, international equities have outperformed U.S. stocks.
If the U.S. dollar continues to weaken, history indicates that international investments could deliver higher returns.
Expanding to International Stocks
-------------------------------------
Current economic conditions signal that now may be a good time for investors to consider international investments.
Read details below
3 Reasons to Explore International Stocks Now
-------------------------------------------------
International stocks have been outperforming their U.S. counterparts recently, based on a one-year rolling return. Could they be due for a cyclical comeback?
In this graphic from New York Life Investments, we explore why current economic conditions make it more likely that international investments could boost a portfolio’s return.
1. Diversification Amid an Uncertain Economy
------------------------------------------------
The U.S. economic outlook is uncertain, and this could lead to lower returns in U.S. markets.
In fact, investment firms predict that U.S. stocks could see an annualized return of 6.7% over the next 10 years, compared to 9.4% for developed market stocks. This is based on an average of capital market assumptions from six investment firms published at the end of 2022.
Historically, international stocks have generated better returns when U.S. stocks have seen poor long-term performance. As seen in the below table, in the wake of the global financial crisis, international equities’ 10-year returns were 17% higher than U.S. equities on average.
Adding exposure to international investments may help boost return potential when U.S. equities are underperforming on a long-term basis.
2. Valuations are at Historical Lows
----------------------------------------
International equities are currently trading at 20-year lows relative to U.S. stocks, which could present attractive opportunities.
In fact, the relative P/E ratio for international equities is 30% below the long-term average.
Importantly, some surveyed asset managers believe these lower valuations will fuel the outperformance of international investments over the next decade.
3. U.S. Dollar Dropping From September 2022 Peak
----------------------------------------------------
During six of the last seven periods of a weakening U.S. dollar, international equities have outperformed U.S. stocks.
If the U.S. dollar continues to weaken, history indicates that international investments could deliver higher returns.
Expanding to International Stocks
-------------------------------------
Current economic conditions signal that now may be a good time for investors to consider international investments.
Read details below
Telegraph
3 Reasons to Explore International Stocks Now
International stocks have been outperforming their U.S. counterparts recently, based on a one-year rolling return. Could they be due for a cyclical comeback? In this graphic from New York Life Investments, we explore why current economic conditions make it…
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The Top Performing S&P 500 Sectors Over the Business Cycle
The Top Performing S&P 500 Sectors Over the Business Cycle
----------------------------------------------------------
This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients.
The business cycle fluctuates over time, from the highs of an expansion to the lows of a recession, and each phase impacts the performance of S&P 500 sectors differently.
And though affected sectors have different levels of average performance, any given period may see the outperformance of certain sectors due to external factors, such as technological advancements or high-impact global events (i.e. global pandemics, international conflicts, etc.)
The above graphic uses data from SPDR Americas Research to show the top performing sectors through the business cycle over almost 70 years.
The Business Cycle: Methodology
-------------------------------
The dataset is based on the Conference Board’s Leading Economic Index, which assesses U.S. economic activity. This index includes 10 economic indicators that reveal typical turning points in the business cycle covering employment, consumer expectations, and financial conditions.
Overall from December 1, 1960 to November 30, 2019, the dataset covers:
7 recessions7 recoveries12 expansions11 slowdownsReturns are shown for all of the S&P 500 sectors with the exception of the communication services sector. This is because the sector was created relatively recently in 2018 and comprises previous technology, consumer discretionary, and telecommunication stocks already covered in the dataset.
1. Recession
------------
Broadly speaking, a recession is a period of temporary economic decline characterized by two successive quarters of falling GDP.
During this period, consumer staples was the top performing S&P 500 sector, and the only one that has averaged a positive return. Utilities and health care, traditionally defensive sectors, followed next in line. Together, these sectors averaged 10% higher returns than the overall market during six of the seven recessions.
Real estate has been the worst performer during recessions, given its high sensitivity to discretionary spending as both household income and business activity tend to decline.
2.
Read details below
The Top Performing S&P 500 Sectors Over the Business Cycle
----------------------------------------------------------
This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients.
The business cycle fluctuates over time, from the highs of an expansion to the lows of a recession, and each phase impacts the performance of S&P 500 sectors differently.
And though affected sectors have different levels of average performance, any given period may see the outperformance of certain sectors due to external factors, such as technological advancements or high-impact global events (i.e. global pandemics, international conflicts, etc.)
The above graphic uses data from SPDR Americas Research to show the top performing sectors through the business cycle over almost 70 years.
The Business Cycle: Methodology
-------------------------------
The dataset is based on the Conference Board’s Leading Economic Index, which assesses U.S. economic activity. This index includes 10 economic indicators that reveal typical turning points in the business cycle covering employment, consumer expectations, and financial conditions.
Overall from December 1, 1960 to November 30, 2019, the dataset covers:
7 recessions7 recoveries12 expansions11 slowdownsReturns are shown for all of the S&P 500 sectors with the exception of the communication services sector. This is because the sector was created relatively recently in 2018 and comprises previous technology, consumer discretionary, and telecommunication stocks already covered in the dataset.
1. Recession
------------
Broadly speaking, a recession is a period of temporary economic decline characterized by two successive quarters of falling GDP.
During this period, consumer staples was the top performing S&P 500 sector, and the only one that has averaged a positive return. Utilities and health care, traditionally defensive sectors, followed next in line. Together, these sectors averaged 10% higher returns than the overall market during six of the seven recessions.
Real estate has been the worst performer during recessions, given its high sensitivity to discretionary spending as both household income and business activity tend to decline.
2.
Read details below
Telegraph
The Top Performing S&P 500 Sectors Over the Business Cycle
This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients. The business cycle fluctuates over time, from the highs of an expansion to the lows…
The History of the FIFA Women’s World Cup
FIFA Women’s World Cup Timeline: 1991‒2019
------------------------------------------
The ninth edition of the FIFA Women’s World Cup that kicked off this summer in Australia and New Zealand is expected to break records.
For the first time, 32 teams are competing at the premier international event for women’s soccer, up from 24 teams in the two prior editions. And according to FIFA, the tournament is already on pace to become the most attended women’s sports event in history, with over a million tickets already sold.
Eight countries are making their debut in the tournament after qualifying for the first time:
Philippines Ireland Zambia Haiti Vietnam Portugal Panama MoroccoHow has the tournament grown?
This graphic created by JVDW Designs explores the timeline of this tournament, from its origins with only 12 teams in 1991 to expansions during the 21st century.
The Origins of Women’s Soccer
-----------------------------
Though there are reports of women’s soccer matches as early as the 1700s, the sport started to grow in popularity in 1895 thanks to the British Ladies’ Football Club (BLFC), one of the first women’s soccer clubs.
Despite receiving no support from soccer associations in the UK, the club held its inaugural match in London and then went on tour. They received a lot of attention in the press, both due to the sport itself and debates in Victorian England over women’s rights.
After gaining in popularity over the next decades and even drawing bigger crowds than men’s matches, England’s governing soccer association retaliated by banning women’s soccer in 1921. The stated reason was that “the game of football is quite unsuitable for females and ought not to be encouraged.”
Other countries followed suit over time, sidelining women’s soccer from France to Brazil. It wasn’t until the success of the 1966 Men’s World Cup in England, which set records for attendance and was the first to be broadcast to other continents, that England and then other countries in Europe re-established women’s soccer due to increased interest.
The FIFA Women’s World Cup
--------------------------
After multiple international tournaments in the 1970s and 1980s, FIFA finally organized the inaugural FIFA Women’s World Cup in China in 1991.
At the outset, the athletes participating in the Women’s World Cup were not treated as professionals.
Read details below
FIFA Women’s World Cup Timeline: 1991‒2019
------------------------------------------
The ninth edition of the FIFA Women’s World Cup that kicked off this summer in Australia and New Zealand is expected to break records.
For the first time, 32 teams are competing at the premier international event for women’s soccer, up from 24 teams in the two prior editions. And according to FIFA, the tournament is already on pace to become the most attended women’s sports event in history, with over a million tickets already sold.
Eight countries are making their debut in the tournament after qualifying for the first time:
Philippines Ireland Zambia Haiti Vietnam Portugal Panama MoroccoHow has the tournament grown?
This graphic created by JVDW Designs explores the timeline of this tournament, from its origins with only 12 teams in 1991 to expansions during the 21st century.
The Origins of Women’s Soccer
-----------------------------
Though there are reports of women’s soccer matches as early as the 1700s, the sport started to grow in popularity in 1895 thanks to the British Ladies’ Football Club (BLFC), one of the first women’s soccer clubs.
Despite receiving no support from soccer associations in the UK, the club held its inaugural match in London and then went on tour. They received a lot of attention in the press, both due to the sport itself and debates in Victorian England over women’s rights.
After gaining in popularity over the next decades and even drawing bigger crowds than men’s matches, England’s governing soccer association retaliated by banning women’s soccer in 1921. The stated reason was that “the game of football is quite unsuitable for females and ought not to be encouraged.”
Other countries followed suit over time, sidelining women’s soccer from France to Brazil. It wasn’t until the success of the 1966 Men’s World Cup in England, which set records for attendance and was the first to be broadcast to other continents, that England and then other countries in Europe re-established women’s soccer due to increased interest.
The FIFA Women’s World Cup
--------------------------
After multiple international tournaments in the 1970s and 1980s, FIFA finally organized the inaugural FIFA Women’s World Cup in China in 1991.
At the outset, the athletes participating in the Women’s World Cup were not treated as professionals.
Read details below
Telegraph
The History of the FIFA Women’s World Cup
The ninth edition of the FIFA Women’s World Cup that kicked off this summer in Australia and New Zealand is expected to break records. For the first time, 32 teams are competing at the premier international event for women’s soccer, up from 24 teams in the…