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 ...

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ECONOMIC MARKET ANALYSIS

U.S. and Global Outlook Remain Positive for Material Handling and the Overall Economy By Jason Schenker, CMT, CFP, ERP, CVA, Prestige Economics, LLC The outlook for material handling remains positive, as long as the outlook for the U.S. economy remains positive. In a recent analysis, we found that nominal U.S. GDP is over 90 percent correlated with material handling. This ...

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Expectations for the U.S. and Global Economy Improve for 2017

Optimism about the U.S. economic outlook that increased at the end of 2016, strengthened even further in the first quarter of 2017. U.S. consumer confidence rose sharply in the first quarter and data from the ISM Manufacturing and Non-Manufacturing purchasing manager indices (PMIs) and the MHI Business Activity Index (BAI) was positive. Although there had been downside risks to U.S. ...

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Expectations on the Rise for the Economy for 2017 and 2018

Optimism about the U.S. economic outlook increased at the end of 2016, after the U.S. presidential election. Expectations of Reaganesque corporate and individual tax cuts that would be accompanied by FDR-era infrastructure spending sent equities higher—and improved the potential for investment. While optimism about U.S. growth improved at the end of 2016 and the beginning of 2017, global growth expectations ...

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The Outlook for the Economy, Material Handling and the Election

Hold on to your hats, because 2017 is likely to be a bumpy ride because of slowing global growth, Brexit fallout, oil and gas credit risks and election cyclicality! Lower global growth expectations Back in July, the International Monetary Fund (IMF) lowered its global 2016 and 2017 growth forecasts in response to Brexit concerns, which also sent the dollar higher ...

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Uncertainty and Downside Risks to Growth for Material Handling

There have been three red f lags highlighting downside risks to growth and the U.S. economy for the better part of a year: manufacturing, energy and finance. These red flags were the impetus behind my recent book, Recession-Proof: How to Survive and Thrive in an Economic Downturn. Interestingly, these were also three of the main down­side risks to the global ...

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Initial 2016 Outlook: U.S. Growth to Continue as Global Growth Improves

The economic climate for the balance of 2015 and 2016 is likely to be characterized by solid U.S. economic growth, an improving global economy, modestly rising commodity prices and continued foreign exchange rate volatility. In the new Material Handling Equipment Manufacturing (MHEM) forecast models, strong equity markets, low interest rates and continued manufacturing expansion are supportive of new orders. However, ...

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