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Rising Costs, Sluggish Consumers: Manufacturing Forecast 2026

By Phillip M. Perry A modest uptick in economic growth, beneficial legislation from Washington and lower interest rates will help manufacturers boost profitability in 2026. The increasing costs of doing business, though, combined with uncertainty and consumer malaise, will reduce the number of business initiatives that make it off the drawing board. Companies need to […]

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Economic Forecast 2025: A Welcome Economic Rebound

By Phillip M. Perry Healthy economic growth will help bolster profits for construction and manufacturing operations in 2025. Lower interest rates, a decline in inflation, a rebound in housing activity and governmental infrastructure support will generate tailwinds. However, businesses must beware of supply chain disruptions resulting from geopolitical tensions, as well as the growing threat […]

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Economic Forecast: Navigating a Tricky Economic Terrain in 2024

By Phillip M. Perry High-interest rates and slower economic growth will put increasing pressure on business profits in 2024. The good news is that economists expect the Federal Reserve to lower inflation to desired levels by the end of the year. Robust housing activity, high employment and optimistic consumers will help the nation sidestep a […]

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Business Forecast 2023

Gathering Clouds and Growing Turbulence By Phillip M. Perry The economy will slow perceptively in 2023. Less robust activity in sectors such as housing, retailing and manufacturing will put downward pressure on growth and contribute to a deceleration in profits. Companies can prepare for a tougher environment by tracking cash flow closely, investing selectively and […]

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