MHI Solutions

Economic Market Update

ECONOMIC MARKET ANALYSIS: 2018 Economic Outlook

2018 Economic Outlook: Growth Expectations and Policy Risks

By Jason Schenker, CMT®, CFP®, ERP®, CVA®, Prestige Economics, LLC—

There are many reasons to be optimistic about growth in the year ahead. Data in the latter half of 2017 were generally positive, the International Monetary Fund (IMF) raised its global growth forecasts, and leading indicators—like global purchasing manager indices—were indicative of future growth. There is only one major downside risk, and it’s a big one: U.S. fiscal policy disappointment. If markets and businesses believe enough groundwork has been laid by fiscal policy to ensure strong growth, then the economy could see upside surprises in 2018. However, expectations have been very high since the presidential election in 2016. This means that the big question for business investment and equipment sales in the year ahead is: Will the state of fiscal policy be met with satisfaction—or disappointment?

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This issue of MHI Solutions focuses on the adoption of these and other digital solutions from best practices in robotics and artificial intelligence to getting your supply chain data house in order to measuring and tracking your Supply Chain Digital Consciousness Index or DCI. While implementing digital innovations into supply chains is complex, inaction is not a strategy. In fact, as the pace of supply chain innovation escalates, so does the price of inaction. In this new digital era, leaders will outpace their competitors faster than ever before

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