From Investing.com: 2024-06-22 12:01:41

Extreme heat in the United States is causing companies to change their work practices. Construction projects are slowing down, with estimates that what usually takes two days could take three or four. Oil refineries are experiencing efficiency drops, costing the industry between 1.5% and 2% of refining throughput annually. Retailers are seeing an increase in demand for heat-appropriate clothing and fans. Transportation is also affected, with airplane wings generating less lift in heat. Manufacturing and warehousing are responding with cooling systems like fans and mist. Agriculture is faring well due to air-conditioned tractor cabs. Tech companies are working extra hard to cool big data centers amid rising demand from AI technologies. Workers are taking precautions in the heat to protect crops and themselves, cutting hours and providing extra water and shade. Flight delays are reported due to the heat affecting airplane wings and tarmac temperatures rising to triple digits. Railroads are also affected, needing to limit train speeds to prevent track warping and engine damage. The Teamsters union is advocating better protection for workers in extreme heat. Overall, companies across multiple industries are adapting to the challenges of extreme summer temperatures in the US.



Read more at Investing.com: Explainer-How US industries deal with extreme heat By Reuters