Tag Archives: Prestige Economics

The Economy of What Lingers: Inflation, Debt and COVID

The outbreak of the COVID pandemic has created chaos over the past two years. But some of the after-effects continue to linger for the economy. Looking to the months ahead, addressing these lingering risks will be critical for the U.S. economy—and the outlook for material handling.

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The End Is Nigh: Approaching Economic Escape Velocity After COVID

By Jason Schenker United States and global growth prospects have improved greatly since the start of the year. The rollout of COVID vaccinations has proven to be the logical antidote to the economic woes engendered by the pandemic. Yes, there are still some sectors that lag and some regions experiencing sluggish recoveries. But the labor market, the economy and the ...

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ECONOMIC MARKET ANALYSIS: Economic Improvements Against a Backdrop of Base Effects and Tax Policy Risks

By Jason Schenker Despite major challenges at the start of the year, 2021 is poised to build economic momentum in the months and quarters ahead. This is true for manufacturing and material handling, but service industries are also poised to gain ground and experience significant year-on-year growth in the months ahead as vaccinations reach scale domestically and abroad. On the ...

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The Year Ahead: Picking up the Pieces After COVID

By Jason Schenker The outlook for 2021 is solid—especially compared to 2020. In general, the year should be one of positive growth and improvements in economic activity, even if the trend of improvements is occasionally punctuated by intermittent COVID-19 outbreaks and systemic aftershocks in industries that have experienced asymmetric negative impacts in the wake of the COVID pandemic outbreak. Buttressing ...

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Economic Market Analysis

Looking Forward to 2021 Despite Election Uncertainty Risks BY JASON SCHENKER, PRESTIGE ECONOMICS As we begin to plan for the year ahead, we need to look back at 2020, understand current uncertainties and be prepared for how they could cast a shadow on the year ahead. Fortunately, we also need to consider upside opportunities for the economy and material handling ...

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Economic Market Analysis: The Past Is Prologue

The material handling industry first came together during the conflict of the Second World War to form the organization we know as MHI. Amidst the COVID-19 pandemic, the importance of material handling and supply chain has again come to the fore as a necessary precondition of economic growth and a bulwark of national security. Economists and policy makers have long known ...

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