Wednesday, November 1, 2023 · Jeff Berman
Manufacturing output again contracted in October, according to the new edition of the Manufacturing Report on Business issued by the Institute for Supply Management.
Tuesday, August 22, 2023 · Andrew Balthrop and Jonathan Phares
The trucking industry is strongly tied to overall economic performance, but the rigidity it faces from labor, equipment, and regulations make it difficult to scale up and down quickly, leading to boom-and-bust cycles.
Wednesday, June 21, 2023 · Rosemary Coates
With so much uncertainty and mixed economic signals, it is hard, if not impossible, to see trends or predict what will happen in the supply chain.
Monday, December 19, 2022 · Jeff Berman
For manufacturing, ISM is estimating a 5.5% revenue gain in 2023, falling short of its 6.5% estimate from its predecessor report in May and its 9.2% 2022 growth rate. ISM member panelists are calling for 2023 services-based economy revenues to see a 3.1% gain in 2023, topping…
Tuesday, June 7, 2022 · Dale Rogers, Jason Miller and Zac Rogers
Rumors of the death of the freight market have been greatly overstated, but we may run into a slowdown.
Monday, April 5, 2021 · Patrick Burnson
IHS Markit's initial estimate is that the plan could raise GDP growth by 0.3–0.4 percentage point through 2024 and push the unemployment rate below 3.0%, but lead to somewhat higher inflation and interest rates
Monday, February 8, 2021 · Patrick Burnson
Economists now expect a “near certainty” of a $1.9 trillion fiscal stimulus to drive supply chains and create jobs.
Friday, December 4, 2020 · Patrick Burnson
In its latest “World Flash” intelligence report, IHS Markit economists note that the dreaded second and third waves of COVID-19 arrived in late 2020 as any illusion the world can easily control the spread of the virus had largely vanished.
Thursday, June 4, 2020 · Patrick Burnson
Global supply chain managers should plan for “a grudging” demand recovery, caution IHS Markit economists. In an updated U.S. economic forecast 2020 GDP growth has been revised down to –8.8%.
Monday, May 11, 2020 · Nima Kazemi and Bruce C. Arntzen
If history is our guide, economies take a turn every nine years. Yet time and again, a strong business cycle and fading memories convince us the good times will go on forever. Ten years after the great recession, we surveyed 100 manufacturing firms to find out if businesses…
Wednesday, March 18, 2020 · Patrick Burnson
The IHS Markit March Global Economic Forecast Flash from Chief Economist Nariman Behravesh and Sara Johnson, Executive Director, Global Economics indicates that the global economy is headed for recession.
Monday, March 9, 2020 · Patrick Burnson
IHS Markit economists note that Fourth-quarter GDP growth was reported at 2.1% in the Bureau of Economic Analysis' second estimate, unrevised from the advance estimate. The implications for supply chain managers is obvious, they add.
Wednesday, December 4, 2019 · Patrick Burnson
Weak business confidence combined with low unemployment and moderate inflation expectations result in more subdued profitability predictions.
Monday, November 18, 2019 · Patrick Burnson
The ongoing downbeat news on the global economy has left many supply chain managers uneasy of late, particularly those seeking to mitigate modal costs.
Friday, September 20, 2019 · Patrick Burnson
August saw another intensification of the trade conflict between the United States and China. Then, in mid-September, the attack on Saudi Arabian oil production facilities resulted in an oil price spike. Both are bad news for the global supply chain managers coming at a time…
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