Shipbuilding '26: Global Shipbuilders (open on stockthemes)

1. Stockholm International Peace Research Institute (SIPRI) — SIPRI Military Expenditure Database

Matched (medium)cand_sipri_33bcafca · candidate

Metric/field Global Naval Shipbuilding Spending Growth (Year-over-Year %)

Cadence annual

Why it matters Sustained growth in naval shipbuilding spending indicates robust government demand for military vessels, driving long-term contracts and a bullish outlook for defense-focused shipbuilders.

Signal to watch Increasing growth indicates strong demand for naval vessels.

Confidence: medium

2. Clarkson Research Services — World Shipbuilding Monitor / Orderbook Data

Matched (medium)cand_clarkson_research_services_0b3982f2 · candidate

Metric/field Global Shipbuilding Order Book Value (USD billions)

Cadence quarterly

Why it matters Increasing order book value signals robust future revenue and sustained demand for new vessels, indicating a bullish outlook for global shipbuilders. Conversely, a decline suggests weakening demand.

Signal to watch Rising order book value suggests strong future revenue and demand.

Confidence: high

3. Federal Reserve Board / FRED — Industrial Production and Capacity Utilization

Matchedindustrial_production · access=api

Metric/field Industrial Production: Manufacturing (NAICS) (IPMAN)

Cadence monthly

Why it matters Manufacturing industrial production indicates the overall health of the industrial base, which is crucial for the supply chain of shipbuilding components and materials.

Signal to watch Consistent or increasing manufacturing industrial production is positive.

Confidence: high

4. BLS / FRED — Current Population Survey / FRED

Matchedsemiconductor_employment · access=api

Metric/field Unemployment Rate - Manufacturing

Cadence monthly

Why it matters Skilled labor availability is a critical challenge for the shipbuilding industry. A lower unemployment rate in manufacturing suggests tighter labor markets, potentially exacerbating labor shortages.

Signal to watch Decreasing unemployment rate in manufacturing could signal worsening labor constraints.

Confidence: low

5. Trading Economics — China Economic Indicators

Matched (medium)trading_economics · access=api · map_only

Metric/field China Steel Production

Cadence weekly

Why it matters China is a major global steel producer, and steel is a fundamental raw material for shipbuilding. Changes in production can impact global supply and pricing for shipbuilders.

Signal to watch Stable or increasing steel production indicates a healthy supply of a key shipbuilding material.

Confidence: high

1. USASpending.gov — Federal Contract Awards

Matched (medium)cand_usaspending_gov_883b3088 · access=api · candidate

Metric/field Obligated Amount for Naval Ship Construction (PSC codes 19XX)

Cadence quarterly

Why it matters Directly tracks U.S. government spending on naval shipbuilding, providing real-time insight into contract awards and funding for key theme members like HII and GD.

Signal to watch Increasing obligated amounts and new contract awards are bullish for U.S. defense shipbuilders.

Confidence: high

2. Google Trends — Search Interest Data

Matched (medium)cand_baidu_index_2e41e3c3 · candidate

Metric/field Search volume index for 'Columbia-class submarine' AND 'Virginia-class submarine' AND 'LNG carrier orders'

Cadence daily

Why it matters Indicates public and industry interest in key defense and commercial shipbuilding programs, potentially signaling future demand or public sentiment.

Signal to watch Rising search interest suggests increasing attention and potential demand for these vessel types.

Confidence: medium

3. LinkedIn (Public Job Postings) — Public Job Postings Data

Matched (medium)engine_advertising_brand_tracking · access=file · map_only

Metric/field Number of job postings for 'welder', 'pipefitter', 'naval architect', 'marine engineer' at major shipbuilders (HII, GD, FCT.MI, ASB.AU, 329180.KO, 042660.KO, 600150.SHG, COCHINSHIP.NS, CNRD, S63.SI)

Cadence daily

Why it matters Provides insight into labor demand and capacity expansion efforts by major shipbuilders, addressing a key industry challenge of skilled labor shortages.

Signal to watch Sustained increase in relevant job postings indicates capacity expansion and strong demand for labor.

Confidence: medium

4. Defense News — Defense Industry News and Analysis

Not in registry

Metric/field Reporting on US National Defense Authorization Act (NDAA) and appropriations for FY2027

Cadence irregular

Why it matters The NDAA and appropriations directly impact funding for major naval shipbuilding programs for U.S. shipbuilders, providing long-term revenue visibility and stability.

Signal to watch Positive legislative progress and robust funding allocations are bullish for defense shipbuilding.

Confidence: high

5. Shipbuilding Industry Associations (e.g., Shipbuilders Council of America, SEA Europe) — Industry Reports and Press Releases

Not in registry

Metric/field Reports on shipyard capacity utilization rates and new facility investments

Cadence irregular

Why it matters Indicates the industry's ability to meet demand and its investment in modernization and expansion, which are key bull points for the theme.

Signal to watch Increasing capacity utilization and new investments signal a healthy and expanding industrial base.

Confidence: medium

1. Revelio Labs — Jobs / Workforce

Matched (medium)engine_advertising_brand_tracking · access=file · map_only

Metric/field Job growth (YoY %) for 'welder', 'machinist', 'engineer' at identified key suppliers to HII, GD Marine Systems, Fincantieri

Cadence monthly

Why it matters Provides insight into the health and capacity expansion of the broader shipbuilding supply chain, which is critical given persistent supply chain bottlenecks.

Signal to watch Positive job growth at key suppliers indicates easing supply chain constraints and increased capacity.

Confidence: high

2. Planet — Satellite / Geospatial

Matchedplanet_daily_optical_satellite_imagery · access=file · map_only

Metric/field Construction activity (new buildings, dry dock usage) at major shipyards (e.g., HII Newport News, GD Electric Boat, Fincantieri, Austal)

Cadence weekly

Why it matters Directly monitors physical expansion and operational activity at key shipyards, providing a tangible measure of capacity growth and production ramp-up.

Signal to watch Increased construction activity and consistent dry dock usage indicate higher production rates and capacity expansion.

Confidence: high

3. Xeneta — Freight Pricing

Matchedxeneta_ocean_freight_short_term_rates · access=file · map_only

Metric/field Ocean freight rates for key shipbuilding components (e.g., steel plates, heavy machinery) on relevant global routes

Cadence daily

Why it matters Fluctuations in freight rates for critical components can signal supply chain pressures, logistics costs, and overall material availability for shipbuilders.

Signal to watch Stable or decreasing freight rates suggest easing supply chain and logistics costs.

Confidence: high

4. Similarweb — Web / App / Clickstream

Matchedsimilarweb_website_traffic_engagement · access=file · map_only

Metric/field Website traffic and engagement for key shipbuilding industry publications and defense news sites (e.g., navalnews.com, defensenews.com, marinelog.com)

Cadence monthly

Why it matters Indicates industry and public attention to shipbuilding news, defense policy, and commercial maritime trends, reflecting overall sentiment and interest.

Signal to watch Sustained or increasing traffic suggests heightened interest in the shipbuilding sector.

Confidence: medium

5. Dell'Oro Group — Market / Industry Research

Matcheddell_oro_group_network_equipment_market_share · access=file · map_only

Metric/field Global Naval Communications and Radar Systems Market Share and Growth

Cadence annually

Why it matters Provides specialized market intelligence on high-tech components and systems crucial for modern naval vessels, aligning with the theme's focus on advanced technologies and modernization.

Signal to watch Growth in these specialized markets indicates increasing demand for advanced naval capabilities.

Confidence: medium

1. Government spending increase in 2026 (Before 2027)

Kalshi · Confidence: high

Matched (medium)kalshi_senate_control_d · access=api

Market https://kalshi.com/markets/kxgovtspend

Why it matters Increased government spending, particularly in defense, directly correlates with program funding for naval shipbuilding, impacting order backlogs and revenue visibility for theme constituents like HII and GD. Conversely, lower spending could reduce contract awards.

Series key pm_us_gov_spend_2026

2. Will the House pass additional defense funding?

Kalshi · Confidence: high

Matched (medium)kalshi_house_control_d · access=api

Market https://kalshi.com/markets/kxdefapprop

Why it matters The passage of additional defense funding directly impacts the budget for major naval shipbuilding programs, which is a critical driver for the theme's constituents. Delays or failure to pass such funding could lead to uncertainties in contract awards and program stability for companies like HII and GD.

Series key pm_house_pass_defense_funding

3. How much government spending will Trump cut before his term ends? (Before 2029)

Kalshi · Confidence: high

Matched (medium)pm_kalshi_ddr5_ye2027_above_95 · access=api

Market https://kalshi.com/markets/kxgovtcuts

Why it matters Potential cuts in government spending, especially if they impact defense budgets, could significantly reduce program funding for shipbuilding, leading to fewer new contracts or delays in existing programs for theme constituents. This directly relates to the 'government defense budget processes' bear driver.

Series key pm_trump_gov_spend_cuts