Tag Archives: economic outlook

Economic Market Analysis   BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Material handling businesses entered 2025 with strong tailwinds. However, risks have risen significantly in recent months, and the entire industry is being swept into an economic storm driven by escalating tariff risks. While tariffs are usually inflationary, tariff risks are recessionary and deflationary, because ...

Economic Market Analysis     BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Some of the biggest risks to the 2025 economic and material handling outlooks evaporated in late 2024 with a swift and decisive outcome of the U.S. presidential election that removed the most significant risks to uncertainty and potential economic and societal disruption. With ...

Economic Market Analysis BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® ISTOCK.COM/MICROSTOCKHUB The 2025 economic outlook is a mix of potential and pitfalls. On the upside, inflation is likely to cool further this year, while the labor market is poised to remain relatively solid, positive GDP growth continues and interest rates fall. However, geopolitical tensions and ...

Economic Market Analysis BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Global manufacturing and growth were under significant pressure in 2023 and early 2024. But the prospects for the second half of 2024 are more favorable. Despite elevated interest rates, U.S. and Chinese manufacturing PMIs picked up in late Q1 2024, hinting at more upside ahead ...

BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® The global economy has also been slowing, but the U.S. economy continues to post solid growth. Our U.S. economic outlook is modestly positive, although we expect a slowing in U.S. growth, U.S. job gains and U.S. inflation this year. Meanwhile, European, Chinese and emerging market growth have been under ...