Economy

U.S. Global Supply Chain Managers Should Expect Stabilized Growth, Says IHS Markit

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.

Air Cargo Options May Be Good Bet for Supply Chain Managers This Year

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.

IHS Markit’s New Economic “Predictions” for 2019 and Impact on Global Supply Chains

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…

More IHS Markit Musings on Global Economy

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…

Global Supply Chains Prepare for Uncertain Economy

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.

What May U.S. Supply Chain Managers Expect From Emerging Markets?

Tuesday, January 17, 2017 · Patrick Burnson
China will continue to be strong, most economists agree

Fitch: Modest Growth, New Questions Await U.S. Transportation Infrastructure in 2017

Monday, December 5, 2016 · Patrick Burnson
The outlook is stable for U.S. transportation infrastructure headed into next year though the sector is not without its uncertainties, part of which stem from the new Presidential administration's plans for infrastructure according to Fitch Ratings in its 2017 outlook…

Global Economic Expansion Exposed to Shocks in 2017

Wednesday, November 9, 2016 · Patrick Burnson
Global economic growth may remain stuck in low gear for several more years, though a worldwide recession is unlikely, according to the third quarter Global Risk Service report from IHS Markit.

Manufacturing Shows Promise For Third Straight Month in May, Says ISM

Wednesday, June 1, 2016 · Jeff Berman
The PMI, the index used by the ISM to measure growth, was 51.3 (a reading of 50 or higher indicates growth) in May, representing a 0.5 percent gain over April. From October through February, the PMI had seen sub-50 readings, with October marking the first month that the PMI…

NRF Champions Trans-Pacific Partnership

Tuesday, May 24, 2016 · SCMR Staff
The recently negotiated Trans-Pacific Partnership trade agreement will have a positive impact on both retailers and American consumers once enacted, according to a new report released by the National Retail Federation

First Quarter Retail Sales Appear Soft

Thursday, April 14, 2016 · Jeff Berman
Commerce reported that March retail sales at $446.9 billion were off 0.3 percent from February and up 1.7 percent, and the NRF said retail sales saw a 5.8 percent annual increase in March.

Survey Shows U.S. Ports Plan Big Investments In Capital Projects

Tuesday, April 12, 2016 · Patrick Burnson
In its recent 2016-2020 Port Planned Infrastructure Investment Survey, the American Association of Port Authorities (AAPA) asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure over the…

How Likely Is a Global Recession?

Thursday, March 24, 2016 · Patrick Burnson
With some parts of the world economy already in recession, and given the recent rise in financial volatility, worries about another global recession are on the rise, notes IHS Chief Economist, Nariman Behravesh,

Mixed Retail Growth Reflects Market Weakness

Tuesday, March 15, 2016 · Jeff Berman
While retail sales numbers issued for the month of February by the United States Department of Commerce and National Retail Federation were technically mixed, they each shared a common theme of little or negative growth.

China’s Weakening Economy May Disrupt Global Supply Chains

Tuesday, January 19, 2016 · Patrick Burnson
IHS Global Insight expects growth in China to slow to 6.3% in 2016, fueled by modestly lower industrial growth and a larger deceleration in services.
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