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Even When U.S. Industrial Production Stagnates, Manufacturing Declines: Why Facility Investments Cannot Be Decided by Average Indicators

KBR Research Notes

Even When U.S. Industrial Production Stagnates, Manufacturing Declines: Why Facility Investments Cannot Be Decided by Average Indicators

The preliminary U.S. industrial production figures for August 2026 simultaneously show overall flatness and a decrease in manufacturing. It is necessary to distinguish the denominators of production levels, rates of change, and capacity utilization rates, and connect macroeconomic statistics to investment decisions for customer industries and bottleneck processes.

강지혜 Editor · 09/24/2026

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KBR Research Notes

U.S. Productivity Rose, But Labor Costs Also Increased: The Cost Structure Revealed by Q2 BLS Indicators

Analyzing the relationship between hourly compensation, output, annual rates, year-over-year figures, and unit labor costs through the U.S. Q2 2026 revised productivity data.

이태민 Editor · 09/17/2026

U.S. Productivity Rose, But Labor Costs Also Increased: The Cost Structure Revealed by Q2 BLS Indicators

KBR Research Notes

Why Is Financing Still Difficult Even Though SME Loans Have Increased? Interest Rates, Collateral, and Investment Attraction Through OECD Financial Indicators

Analyzing SME financing data from the OECD 2026 edition by categorizing them into new loans vs. outstanding balances, interest rates and collateral, loans vs. alternative finance, and total venture capital vs. individual corporate conditions.

KBR경영연구소 · 09/16/2026

Why Is Financing Still Difficult Even Though SME Loans Have Increased? Interest Rates, Collateral, and Investment Attraction Through OECD Financial Indicators

KBR Research Notes

Analyzing External Audit Corporations' Operating Profit Margin of 16.9%: The Gap Between Manufacturing and Non-Manufacturing

Against the backdrop of improved performance among external audit corporations in the second quarter of 2026, this article analyzes the profitability differences between manufacturing and non-manufacturing, as well as large enterprises and SMEs. It distinguishes the comparison periods for growth rates, profit margins, and debt ratios, connecting them to corporate order, cost, and cash plans.

이우리 Editor · 09/15/2026

Analyzing External Audit Corporations' Operating Profit Margin of 16.9%: The Gap Between Manufacturing and Non-Manufacturing

KBR Special Reports

Seoul's Cost of Living Lower Than New York and London, But Higher Than Tokyo: Assessing Seoul's Relative Costs Through Rent-Excluding Living Expenses and OECD Inflation Rates

How high is Seoul's cost of living compared to major global cities? According to private city data excluding rent, living expenses in Seoul are lower than in New York and London, but higher than in Tokyo. This article examines country-by-country inflation rates and cumulative increases from the OECD, explains why perceived financial burdens vary depending on housing costs, exchange rates, and income, and outlines key decision-making criteria required for corporate compensation and pricing policies.

박소유 책임기자 · 09/15/2026

Seoul's Cost of Living Lower Than New York and London, But Higher Than Tokyo: Assessing Seoul's Relative Costs Through Rent-Excluding Living Expenses and OECD Inflation Rates

KBR Special Reports

Small Business Closure Rates Drop, but It Is Too Early to Call It a Recovery

While the overall business closure rate fell to 8.64% in 2025, the rate for six major small business sectors stood at 11.08%. This article compares overall and sector-specific trends over the past three years, distinguishes between the number and proportion of business closures due to sluggish performance, examines the decline in the number of food service businesses and sample limitations of surveys, and sets forth conditions for interpreting the drop in closure rates as business recovery.

이우리 선임기자 · 09/15/2026

Small Business Closure Rates Drop, but It Is Too Early to Call It a Recovery