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…
Wednesday, May 29, 2019 · Patrick Burnson
Atradius, a trade credit insurer based in Amsterdam, recently published its “Economic Outlook,” noting that the global economy is in a fragile state, and the time for governments to act is now.
Monday, May 6, 2019 · Patrick Burnson
In its “U.S. Economic Forecast Flash,” IHS Markit analysts note that first-quarter GDP growth was impressive, but cautions supply chain managers to remain on guard.
Thursday, April 11, 2019 · Patrick Burnson
U.S. growth is slowing, as stimulus wears off. And China's stimulus is likely to remain modest. Meanwhile, world trade is still under threat.
Tuesday, March 5, 2019 · Patrick Burnson
With the passing of last month's annual Air Forwarders Association conference in Las Vegas, we caught up with the AfA's executive director Brandon Freid for this exclusive interview which first appeared in our sister publication -- Logistics Management.
Monday, December 17, 2018 · Patrick Burnson
In 2019, the world economy will enter a third straight year of broad-based growth, but many economists feel that a combination of rising interest rates and ongoing trade protectionism will continue to create unexpected turbulence…and higher rates. How likely is this to…
Monday, November 5, 2018 · Patrick Burnson
The risk of a “no deal” Brexit is on the rise. Reflecting the tougher outlook, IHS Markit has reduced eurozone real GDP growth rates in 2019–21 by an average 0.2 percentage point a year. The eurozone economy is projected to expand 2.0% in 2018, 1.6% in 2019, and 1.3% in…
Monday, November 5, 2018 · Patrick Burnson
While a global recession is probably still a year or two away, “there are storm clouds on the horizon,” which are starting to look more than a little threatening, says IHS Markit economists.
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