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Russia braces for economic upheaval as sanctions start to bite



Evidence of the economic damage is evident on the streets of Moscow, now lined with shuttered shops
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At his garage in the south of Moscow, 35-year-old mechanic Ivan is starting to worry.

With billions of dollars in financial reserves and money still coming in from oil and gas exports, Russia has yet to feel the full impact of the barrage of Western sanctions imposed over its offensive in Ukraine.

But Ivan sees storm clouds on the horizon.

The foreign parts he needs to fix his clients’ cars are getting harder to find, and prices have jumped by at least 30 percent after many brands halted exports to Russia.

“We’re running out of stock. At some point, there won’t be anything left,” said Ivan, who declined to give his last name when speaking to international media.

“People who have foreign cars are worried, they are wondering what to do in the future,” he said.

Faced with a shortage of imported parts in factories, authorities eased safety and emission standards for locally produced cars in May — including dropping the requirement for airbags.

President Vladimir Putin has been defiant in the face of Western sanctions, insisting that the Russian economy will emerge stronger, and pointing to “chaotic measures” in Europe that have boosted global energy prices.

Officials say the damage from sanctions will be temporary, with the economy expected to shrink by eight percent this year and then bounce back to growth in 2024.

– VAT points to spending drop –

But Russia is heavily reliant on imports of everything from manufacturing equipment to consumer goods, and economists believe the worst effects of the sanctions are still to come.

Now almost 100 days into the conflict, officials and ordinary Russians are reporting a litany of problems, including shortages of everything from paper to medicine. 

Authorities have stopped releasing key data, making it difficult to assess the impact of sanctions.

But the few available economic indicators point to significant problems.

Strict capital controls, high energy prices and a collapse in imports have led to a surge in the ruble, prompting Russia’s central bank to slash its key rate last week in a bid to rein in the currency.

Inflation meanwhile hit 17.8 percent year-on-year in April, the highest for 20 years.

And revenues from domestic value-added or sales tax collapsed by more than a half in April, VAT fees on imported goods dropping by a third compared to the same month in 2021.

“In April, the revenues of the overwhelming majority of companies in Russia took a hit,” Andrei Grachev, head of tax practice at Birch Legal, told The Bell, an independent Russian business website.

“This didn’t merely affect those who ceased operations in Russia, but also those who continued to work but lost clients and profits.”

That hit is evident on the streets of Moscow, which are now lined with shuttered shops: from McDonald’s and Starbucks to clothing retailers H&M and Zara. 

Central bank chief Elvira Nabiullina warned in April that problems were emerging “in all sectors, both in large and small companies.”

– Button, paper shortages –

Textile manufacturers are having trouble buying buttons, while paper producers are struggling with a shortage of bleaching agents, Nabiullina said.

Prices for white paper have skyrocketed and some businesses in Moscow have started printing out receipts on unbleached beige paper. 

The aviation and tourism sectors have been hit especially hard. Direct air links with Europe have been severed and Russians are unable to use their bank cards abroad.

Authorities are trying to convince Russians to holiday at home, but the country’s balmy Black Sea coast has become hard to reach due to the closure of airspace in the south over the fighting in Ukraine.

Russian Railways has launched additional train services to compensate for the absence of flights.

For now, the surge in oil and gas prices prompted by the Ukraine conflict is helping to keep the Russian economy afloat, despite the tens of thousands out of work or put on leave and paid a reduced salary while factories halt production for lack of foreign components.

Chris Weafer, the founder of consultancy Macro-Advisory and a long-time observer of the Russian economy, said sanctions mainly hit the financial system in March and April.

“What will start in the next few months are pay cuts,” Weafer told AFP. 

“There will be a drop in income, and that combined with inflation will cut very deeply into people’s disposable income.”

Weafer said Russia was in a strong financial position and the authorities could still keep the economy going.

The EU’s decision this week to ban more than two-thirds of Russian oil imports will not have as much impact as many hoped, he said.

“By the time oil sanctions kick in, Russia should be able to replicate the EU market elsewhere,” in particular in Asia, Weafer said.

But further Western moves against Russia’s energy sector could cause serious harm, he said, “if sanctions were to move into more damaging territory: gas.”

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10 housing markets where institutional investors are buying the most




Belong examined metros where institutional investors have been the most prevalent, using data from real estate research firm ATTOM Data.  
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Rising mortgage rates may keep some homebuyers out of the real estate market, but institutional investors are still diving in to build portfolios of properties nationwide.

Institutional investors are companies or other entities that purchase 10 or more properties in a single year. These buyers bought 1 in 15 single-family homes sold in the third quarter of 2022, or 6.7% of all home sales. While not as high as the 8.4% share recorded at the same time in 2021, it is slightly up from the second quarter in 2022.

Overall, home sellers made less profit in the third quarter, due to less difference between purchase and resale median home prices. Typical profit margins fell to about 55% as quarterly home prices dipped for the first time in nearly three years.

Despite that drop in prices, institutional investors are still buying homes in some markets. Belong analyzed where institutional investors were the most prevalent during the third quarter of 2022, using data from real estate research firm ATTOM Data. To be included, each metropolitan area—which includes a city and its surrounding towns—needed a population of 200,000 or more and must have recorded 50 or more home sales in the third quarter.

In general, metro areas seeing the most investment are smaller cities in the Sun Belt region, which gained popularity during the pandemic and continue to see interest from prospective buyers.

Indianapolis, Indiana downtown skyline over the river walk.

Sean Pavone // Shutterstock

#10. Indianapolis

-Total institutional investor sales: 1,646
– Percent of all sales: 15.1%
– Change from a year ago: -8%

Indianapolis has been a seller’s market in recent years, with home prices in Marion County rising 18% from 2020 to 2021. The lack of inventory has also put pressure on pricing, even though the city remains relatively affordable.

The metro area’s steady population growth—6% from 2016 to 2021—makes it an attractive target for real estate investment. The area is experiencing high demand for multifamily housing, particularly in the suburbs where property is more affordable. The suburbs also offer more room for popular amenities such as green space and swimming pools.

An aerial view of the Phoenix, Arizona skyline.

Tim Roberts Photography // Shutterstock

#9. Phoenix

-Total institutional investor sales: 3,604
– Percent of all sales: 15.4%
– Change from a year ago: -29%

From 2020 through July 2021, the Phoenix metro area added more than 100,000 people, which requires a lot of housing. During the pandemic, a tight supply of houses and high demand caused prices to skyrocket. Pair that with rising interest rates, and foreclosures are starting to rise again.

While the Phoenix area experienced a drop of 66% in foreclosure auction volume from the third quarter of 2019 to the third quarter of 2022, that metric turned around in mid-2022, with a 150% increase in foreclosure auctions between April and October, according to HousingWire. This increase signals an opportunity for investors.

Lakeland, Florida downown cityscape.

Sean Pavone // Shutterstock

#8. Lakeland, Florida

-Total institutional investor sales: 646
– Percent of all sales: 15.8%
– Change from a year ago: -2%

In Lakeland, the real estate market is still strong. For the year ending in August 2022, median sales prices in Polk County rose 27.7% to $313,409.

Lakeland’s suburbs are attractive, too—offering more spacious homes at more affordable prices. Some people are even looking farther out into Polk County, where builders are offering even more for even less. That has helped keep the metro area’s affordability in check, as it’s still cheaper to buy a home than it is to rent, according to ATTOM Data.

Aerial of downtown Charlotte, North Carolina.

Kevin Ruck // Shutterstock

#7. Charlotte, North Carolina

-Total institutional investor sales: 1,973
– Percent of all sales: 16.4%
– Change from a year ago: -30%

The boom in Charlotte’s real estate market has put many homes out of reach for even middle-income earners. Median house prices in September 2022 were $420,000, a nearly 54% increase from January 2020, according to UNC Charlotte’s Childress Klein Center for Real Estate. This jump was partly fueled by a population boom that created 66,211 more households in the metro area by 2021.

Rents continue to rise throughout the region, with many cities experiencing double-digit increases year-over-year. In September 2022, the median rent for a one-bedroom apartment ranged from $1,010 in Gastonia to $1,430 in Charlotte.

Aerial view of Clarksville, Tennessee.

Real Window Creative // Shutterstock

#6. Clarksville, Tennessee

-Total institutional investor sales: 318
– Percent of all sales: 16.7%
– Change from a year ago: 42%

Although Clarksville’s housing market has been deemed “overvalued,” sales were up nearly 8% year-over-year in June 2022, and inventory is still tight. Prices also continue to increase, up 30.5% in the metro region in the second quarter of 2022 compared to the same period in 2021. This was the highest price jump in the entire state, according to the Business and Economic Research Center at Middle Tennessee State University.

Clarksville’s metro area saw 6% population growth from 2019 to 2021. Remote working and better high-speed internet access have spurred many new residents to move here from more expensive cities, and millennials jumping into the market continue to fuel demand.

Sunset over downtown Atlanta, Georgia.

Kevin Ruck // Shutterstock

#5. Atlanta

-Total institutional investor sales: 5,188
– Percent of all sales: 16.8%
– Change from a year ago: -33%

Rising interest rates have contributed to a pause in Atlanta’s real estate market. In October 2022, 4,415 homes sold, a 35% decrease year-over-year, according to First Multiple Listing Service data. This was the slowest sales month for the region since January 2020, and the slowest October since 2011.

Institutional investors still see Atlanta as a gem. In November 2022, JPMorgan announced a joint venture with Haven Realty Capital to invest in build-to-rent, single-family homes. The venture kicked off with a deal for 250 homes in three Atlanta metro area communities.

Macon, Georgia downtown cityscape.

Sean Pavone // Shutterstock

#4. Macon, Georgia

-Total institutional investor sales: 200
– Percent of all sales: 17.6%
– Change from a year ago: 125%

The Macon-Bibb County metro area is still highly affordable, according to ATTOM Data. Affording a median-priced home requires only 14% of average local wages, which is the third-lowest percentage in the country.

That competition has led to price increases, which affect not only buyers, but also investors who flip houses. Profit margins on flips in Macon decreased substantially in the first quarter of 2022. The return on investment in this quarter compared to the same time period in the previous year decreased from 120.7% to 50.9%.

Tucson, Arizona downtown skyline with Sentinel Peak at dusk.

Sean Pavone // Shutterstock

#3. Tucson, Arizona

-Total institutional investor sales: 955
– Percent of all sales: 18.1%
– Change from a year ago: -12%

Higher interest rates have led to less inventory in Tucson’s real estate market. Homeowners are staying put, and builders have slowed down on building new homes. Permits were down 16% to 2,812 in the first half of 2022.

Many would-be buyers have to rent, which has put upward pressure on rent prices. In 2022, monthly rents are up to 50% higher than they were a year ago. Apartment complexes and single-family homes in build-to-rent communities are in high demand throughout the area.

Jacksonville, Florida downtown city skyline on St. Johns River.

ESB Professional // Shutterstock

#2. Jacksonville, Florida

-Total institutional investor sales: 1,481
– Percent of all sales: 18.3%
– Change from a year ago: -16.0%

The Jacksonville metro area gained nearly 26,000 residents from July 2020 to July 2021. That migration helped fuel the demand for housing in the region during the pandemic. Investors saw the opportunity and have made Jacksonville one of the top metro areas for residential real estate investing. In the second quarter of 2022, investors paid an average of $290,000 for a home, the lowest among all major metro areas in Florida. The area may be cooling off a bit, however, as sellers are starting to reduce prices amid decreased demand.

Memphis, Tennessee downtown skyline.

Sean Pavone // Shutterstock

#1. Memphis, Tennessee

-Total institutional investor sales: 1,326
– Percent of all sales: 19.7%
– Change from a year ago: 10.0%

High demand and low inventory fueled construction in the greater Memphis area, but more homes and rental apartments are expected to come on the market over the next few years. Several projects are in the works in downtown Memphis to build hundreds of new rental units. Southeastern suburb Collierville is also experiencing a building boom, with plans for about 500 homes to hit the market in the next three years.

Investors may not have to wait for those projects to finish to get good deals in this market. Inventory in October 2022 was at its highest point in two years, with 3,054 units on the market.

This story originally appeared on Belong Home and was produced and
distributed in partnership with Stacker Studio.

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Manufacturing industries that employ the most women




Get It Made collected data from the Bureau of Labor Statistics to rank the manufacturing industries that employ the most women today.
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Records of American women being a part of the manufacturing workforce have been documented as far back as 1899.

At that time, it was cheaper to pay women to work in factories than men. Women’s presence in the manufacturing workforce surged during World War II, including making weapons and other military equipment. Companies laid off women after the war ended in favor of hiring returning veterans. In the ensuing years, automation use expanded to support manufacturing workers and, in some instances, replace them.

Even today, women remain underrepresented in the manufacturing industry, accounting for around 3 in 10 employees overall and 3 in 10 junior staff. They are rarer at higher levels—2 in 10 mid-level staff, less than 2 in 10 senior-level staff, and 9 in 100 CEOs.

There is a fair amount of variation across sectors, though. Women make up only 17% of those working in primary metals and fabricated metal products but comprise 50% of the workforce for textiles, apparel, and leather manufacturing.

To better understand how women contribute to the manufacturing industry today, Get It Made collected data from the Bureau of Labor Statistics‘ 2021 Current Population Survey to rank the manufacturing industries that employ the most women. Survey respondents were limited to binary gender classifications.

Efforts are underway to diversify the manufacturing workforce. Some manufacturers have formal programs they use to recruit women, and the Manufacturing Institute, a workforce development company, has started the STEP Women’s Initiative to train, study, and publicly recognize the role of women in the manufacturing industry.

Women can fill gaps in the manufacturing industry, which is currently facing a workforce shortage. Beyond that, there is room for them to help expand opportunities, replace an aging workforce, and fill roles in highly skilled and technical positions.

Read on to learn more about women working in different manufacturing industries in the U.S.

Woman wearing protective clothing working at industrial machine.

BigPixel Photo // Shutterstock

#16. Primary metals and fabricated metal products manufacturing

– Total employment: 1,539,000
– Percent women: 17%

Primary metals manufacturers refine metals from other materials to create castings, wires, rods, strips, sheets, and other basic products.

Fabricated metal products manufacturing handles the next step, turning the metal into various parts or end products. The main processes in this industry include machining, forming, bending, stamping, and forging to give shape to individual metal pieces, as well as assembling and welding to join metal pieces together.

In 2021, women metal workers made 93 cents for each dollar that men in the same job earned, despite demonstrating strong skills and holding vital positions.

Female carpenter in workshop.

SeventyFour // Shutterstock

#15. Wood products manufacturing

– Total employment: 427,000
– Percent women: 17%

Wood product manufacturers create prefab wooden buildings, manufactured mobile homes, wood trusses, wood flooring, wood containers, veneers, plywood, lumber, and more. Women woodworkers earn 82 cents on the dollar of their male counterparts.

This subsector’s main production processes include laminating, shaping, planing, and sawing of wood products, as well as smoothing, planing, and assembling them.

The forest products industry is a top 10 manufacturing employer in 45 states, employing almost 950,000 people nationwide. Yet women in 2019 occupied just 16% of top management jobs in the sector.

Three factory engineers discussing work wearing hardhats.

Gorodenkoff // Shutterstock

#14. Petroleum and coal products manufacturing

– Total employment: 198,000
– Percent women: 19%

Petroleum and coal products manufacturing usually involves the process of petroleum refinement, achieved through chemical techniques such as distillation and cracking. The subsector also includes establishments that further process coal and refined materials and manufacture products like petroleum lubricating oils and asphalt coatings.

Men who worked year-round, full-time roles as petroleum engineers made a median salary in 2019 of $138,456 (the most recent data available), while women with the same job made $126,712.

Two female workers in building materials production.

BearFotos // Shutterstock

#13. Nonmetallic mineral products manufacturing

– Total employment: 406,000
– Percent women: 22%

Nonmetallic mineral product manufacturers take clay, stone, gravel, and sand and transform them into finished products like cement, ceramics, and glass. Processes may include honing, shaping, cutting, and grinding. The techniques often involve heat and mixing, like when producing glass.

Of the nearly 9,000 firms in this sector in the U.S. in 2020, two-thirds were majority-owned by men, 12% were majority women-owned, and 16% were owned in equal shares by men and women. The remaining 6% did not report ownership statistics.

Closeup of woman on factory assembly line.

Paolo Bona // Shutterstock

#12. Machinery manufacturing

– Total employment: 1,170,000
– Percent women: 23%

Machinery manufacturers make products such as levers and gears, and other equipment. Some of this industry’s main processes include machining, forming, bending, stamping, and forging to shape metal pieces, while other methods involve assembling and welding to join together various parts.

While these processes are comparable to those used in the fabricated metal products manufacturing subsector, machinery manufacturing focuses on creating different machine parts through various metal-forming operations and more elaborate assembly operations.

There has been a wage disparity between men and women in the machinery manufacturing subsector. In 2019, year-round, full-time employed tool and die makers who were men earned a median of $58,378, while women in the same position earned $47,200. Men mechanical engineers also made more, earning a median of $91,189, while women mechanical engineers earned a median of $90,524.

Women are making strides in leadership in this subsector. In Ohio, French Oil Mill Machinery promoted Tayte French Lutz to vice president of the custom equipment manufacturing company in August 2022.

Two brewers review production equipment.

Pressmaster // Shutterstock

#11. Beverages and tobacco products manufacturing

– Total employment: 324,000
– Percent women: 25%

Beverage manufacturing includes producing alcoholic and nonalcoholic beverages and ice. Tobacco manufacturing includes establishments that redry and stem tobacco and those making products such as cigars and cigarettes.

The average beverage manufacturing annual salary for men is $65,317 and $62,999 for women. But in tobacco manufacturing, the average woman’s salary is actually higher, at $85,493, while the average man’s salary is $81,978.

Woman making parts in auto factory.

John Gress Media Inc // Shutterstock

#10. Transportation equipment manufacturing

– Total employment: 2,466,000
– Percent women: 25%

Transportation equipment manufacturers make equipment that moves goods and people. Processes are similar to those used in the machinery manufacturing subsector, from welding and forming to assembling plastic or metal parts into finished components and products. However, the processes used in the transportation equipment manufacturing subsector more commonly end in the manufacturing of finished vehicles and other modes of transport.

Men regularly make more than women for the same roles within this subsector, as is the case throughout manufacturing. In 2019, male aerospace engineers earned a median income of $112,402, more than $10,000 more than their women counterparts. Similar gender wage gaps are evident among machinists. Mechanical engineers have a much smaller gap—less than $1,000.

A woman carpenter choosing wood.

Dusan Petkovic // Shutterstock

#9. Furniture and related product manufacturing

– Total employment: 370,000
– Percent women: 26%

Making furniture and related products—from fixtures and cabinets to window blinds and mattresses—also requires the incorporation of fashion and design trends. Manufacturers may incorporate their own design services or buy them from industrial designers.

In the furniture and related product manufacturing subsector, the average annual salary for a man is $47,798, while for a woman, it’s $45,935. Three furniture manufacturers—Ikea, Steelcase, and Williams-Sonoma—made Forbes Magazine’s list of 2022’s Best Employers for Women.

Woman working in printing factory.

pikselstock // Shutterstock

#8. Paper manufacturing and printing

– Total employment: 775,000
– Percent women: 26%

Paper manufacturing subsector industries involve at least one of three related product types: pulp, paper, and converted paper products. They print products like business forms, stationery, business cards, labels, books, newspapers, and other materials. That subsector includes tasks like bookbinding, platemaking services, and data imaging.

Overall, paper manufacturing has a significant wage gap, with year-round, full-time male paper goods machine setters, operators, and tenders in 2019 earning a mean of $51,357 versus $32,943 for their female counterparts. But wages are virtually matched between men and women in the printing and related support activities subsector: $55,808 and $55,026 a year, respectively.

Engineer planning project with machinery in background.

Monkey Business Images // Shutterstock

#7. Electrical equipment and appliances manufacturing

– Total employment: 432,000
– Percent women: 28%

Establishments in the electrical equipment, appliance, and component manufacturing subsector make products that produce electrical power, as well as distribute and use it. These products include lighting fixtures, electric lamp bulbs, and household appliances ranging from coffee grinders and blenders to refrigerators and deep freezers. They also include electrical equipment such as transformers, generators, and electric motors, as well as other electrical components and equipment such as batteries, insulated wire, and fuse boxes.

Women entered the electrical manufacturing workforce in the early 1900s, mostly making electric motors and lightbulbs. With mechanization across manufacturing mainly driven by demand during World War I, employers sought lower-wage workers. That often meant recruiting women and minorities. The factory jobs generally reserved for white men opened up during the two world wars, with many roles returned to veterans following the wars.

Women assembling circuit boards for smartphones.

Gorodenkoff // Shutterstock

#6. Computers and electronic products manufacturing

– Total employment: 1,017,000
– Percent women: 29%

Computer and electronic product manufacturing subsector industries include communications equipment makers, computer peripherals, computers, and comparable electrical products and components.

Men dominate the electronics manufacturing industry, but women in the industry have carved out places for themselves. In the past, when technology jobs did not pay as much as today and were considered menial, women held those jobs—only to be overshadowed by men when they became profitable.

Worker with tablet at polymer manufacturing factory.

Sata Production // Shutterstock

#5. Plastics and rubber products manufacturing

– Total employment: 525,000
– Percent women: 32%

Businesses in the plastics and rubber products manufacturing subsector process raw rubber and plastics materials to produce goods.

In the plastics manufacturing industry in 2021, women represented a more significant share of workers than they had 10 years earlier, with 3 in 10 workers being women. But even then, according to Robin Graves—an executive search firm senior account manager at Midland Consultants who has over two decades of experience in recruitment in the rubber industry—there were “quite a few women” in the industry in 2012. She reported they held various positions, including those of chemists and presidents and those in sales and marketing.

People gathered around 3D printer watching model production.

Frame Stock Footage // Shutterstock

#4. Miscellaneous manufacturing

– Total employment: 1,521,000
– Percent women: 35%

Miscellaneous manufacturing industries produce products that are not classifiable in other Bureau of Labor Statistics categories. Examples of industries in this group include those that manufacture musical instruments, artists’ materials, dolls, caskets, silverware, and jewelry.

In 2021, 34.7% of the people employed in this industry were women.

Woman wearing protective clothing operating equipment at chemical plant.

SeventyFour // Shutterstock

#3. Chemicals manufacturing

– Total employment: 1,425,000
– Percent women: 38%

Chemical manufacturers create products from inorganic or organic raw materials. Some examples of industry groups include manufacturers of paints, soaps, medicines, pesticides, resins, and other products.

More women in the chemical manufacturing industry are entering the workforce and taking leadership positions. Additionally, support organizations exist expressly to bolster women in the industry, including the Women in Specialties group of the Society of Chemical Manufacturers and Affiliates and Women in Chemicals.

Workers on assembly line at cookie factory.

Dusan Petkovic // Shutterstock

#2. Food manufacturing

– Total employment: 1,682,000
– Percent women: 41%

Food manufacturing companies turn crops and livestock into products ready for food supply chains or consumer consumption. Some examples include tortilla manufacturers, bakeries, dairy product manufacturers, slaughterhouses, animal food manufacturers, and others.

Women hold fewer than 2 in 10 senior leadership positions in the food and beverage industry, according to Females in Food—even though 8 in 10 women worldwide make food-buying decisions.

Woman sewing in clothing factory.

Drazen Zigic // Shutterstock

#1. Textiles, apparel, and leather manufacturing

– Total employment: 440,000
– Percent women: 51%

Textile mills turn basic fibers into a product like fabric or yarn. Textile or apparel companies will then use that fabric or yarn to produce consumer items like textile bags, towels, sheets, and clothes—and, sometimes, companies might also use materials from various industries.

Textile product mills manufacture textile products that are not apparel, such as towels and sheets.

Apparel manufacturing industries are involved in two manufacturing processes: making the fabric itself and then cutting and sewing it to create a garment. Leather and allied product manufacturing include making leather out of hides and using that leather to create final products, as well as creating leather substitute products out of textiles, plastics, or rubber.

In the leather tanning and finishing and other allied products manufacturing industry, men make slightly more than women, on average—with the average man’s salary being $46,088 and the average woman’s salary being $45,281. Globally, the textiles, clothing, leather, and footwear sector provides many employment opportunities, especially, and increasingly, for young women.

This story originally appeared on Get It Made and was produced and
distributed in partnership with Stacker Studio.

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Best-performing stocks last week




Stacker compiled a list of the best performing S&P 500 stocks last week using data from IEX Cloud.
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Stacker compiled a list of the best-performing stocks in the S&P 500 last week using data from IEX Cloud. Stocks are ranked based on percent price change from Nov. 28 to Dec. 2. All stocks in the S&P 500 listed on Barchart were considered.

Industries with the most stocks in the top 25
#1. Health Care: 6
#2. Communication Services: 4
#2. Consumer Discretionary: 4
#2. Information Technology: 4
#2. Materials: 4

The highest performing stock on the list returned +17.6% last week. Read on to see which companies made the list.


#25. Take-Two Interactive (TTWO)

– Last week price change: +7.4% (+$7.50)
– Industry: Communication Services – Interactive Home Entertainment


#24. Ceridian (CDAY)

– Last week price change: +7.4% (+$4.81)
– Industry: Information Technology – Application Software


#23. Live Nation Entertainment (LYV)

– Last week price change: +7.6% (+$5.23)
– Industry: Communication Services – Movies & Entertainment


#22. Enphase (ENPH)

– Last week price change: +7.6% (+$23.79)
– Industry: Information Technology – Electronic Components


#21. Steris (STE)

– Last week price change: +7.7% (+$13.67)
– Industry: Health Care – Health Care Equipment


#20. Monolithic Power Systems (MPWR)

– Last week price change: +7.8% (+$27.72)
– Industry: Information Technology – Semiconductors


#19. International Flavors & Fragrances (IFF)

– Last week price change: +8.0% (+$7.99)
– Industry: Materials – Specialty Chemicals


#18. Teleflex (TFX)

– Last week price change: +8.1% (+$18.09)
– Industry: Health Care – Health Care Equipment


#17. Celanese (CE)

– Last week price change: +8.3% (+$8.34)
– Industry: Materials – Specialty Chemicals


#16. Halliburton (HAL)

– Last week price change: +8.3% (+$2.99)
– Industry: Energy – Oil & Gas Equipment & Services


#15. Organon & Co. (OGN)

– Last week price change: +8.4% (+$2.06)
– Industry: Health Care – Pharmaceuticals


#14. Idexx Laboratories (IDXX)

– Last week price change: +8.8% (+$35.20)
– Industry: Health Care – Health Care Equipment


#13. Wynn Resorts (WYNN)

– Last week price change: +8.9% (+$6.95)
– Industry: Consumer Discretionary – Casinos & Gaming


#12. West Pharmaceutical Services (WST)

– Last week price change: +9.0% (+$20.17)
– Industry: Health Care – Health Care Supplies


#11. Bath & Body Works (BBWI)

– Last week price change: +9.5% (+$3.80)
– Industry: Consumer Discretionary – Specialty Stores


#10. Newmont (NEM)

– Last week price change: +9.8% (+$4.35)
– Industry: Materials – Gold


#9. Las Vegas Sands (LVS)

– Last week price change: +9.9% (+$4.31)
– Industry: Consumer Discretionary – Casinos & Gaming


#8. The Estée Lauder Companies (EL)

– Last week price change: +10.0% (+$21.71)
– Industry: Consumer Staples – Personal Products


#7. MarketAxess (MKTX)

– Last week price change: +10.4% (+$26.54)
– Industry: Financials – Financial Exchanges & Data


#6. Freeport-McMoRan (FCX)

– Last week price change: +11.1% (+$4.03)
– Industry: Materials – Copper


#5. Catalent (CTLT)

– Last week price change: +11.4% (+$5.33)
– Industry: Health Care – Pharmaceuticals


#4. FIS (FIS)

– Last week price change: +13.0% (+$8.53)
– Industry: Information Technology – Data Processing & Outsourced Services


#3. Meta Platforms (META)

– Last week price change: +13.5% (+$14.71)
– Industry: Communication Services – Interactive Media & Services


#2. Netflix (NFLX)

– Last week price change: +14.0% (+$39.24)
– Industry: Communication Services – Movies & Entertainment


#1. Etsy (ETSY)

– Last week price change: +17.6% (+$21.01)
– Industry: Consumer Discretionary – Internet & Direct Marketing Retail

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