Archive by Author

China may be slowing, but Europe is dangling over the cliff

20 Feb

February 19, 2019 – Bloomberg reported last week that Europe looks like the real weak link in the global economy. According to the report, “Industrial production across the 19-nqtion euro area is falling at the fastest pace since the financial crisis, and deteriorating demand is evident as the region finds itself squeezed between international and […]

2018 International Market Potential Assessment ranks countries

7 Feb

February 6, 2019 – Larry Cresswell, SBA Regional Manager, Export Solutions Group, in his February St. Louis USEAC Newsletter posted a top international market index from the Global Edge at Michigan State University. See this link for the full report. https://globaledge.msu.edu/mpi/data/2018 With a US focus, the report ranks the overall market potential of the largest […]

Forecasts point to another strong year of retail sales growth

6 Feb

February 5, 2019 – HomeWorld Business carried a report today from the National Retail Federation (NRF) forecasting strong US retail sales this year following 2018 retail sales growth of 4.6%. Despite issues including the U.S./China trade war, a volatile stock market and the effects of the government shutdown, the NRF is forecasting sales to increase […]

US manufacturing, exports and imports continued to grow in January

2 Feb

Feb 1, 2019 – According to today’s Institute for Supply Management’s (ISM) “Report on Business”, manufacturing expanded in January registering 56.6 percent, an increase of 2.3 percentage points from the December reading of 54.3 percent. “This indicates growth in manufacturing for the 29th consecutive month. ISM’s New Export Orders Index slipped to 51.8 percent in […]

China expected to surpass US as world’s largest retail market

29 Jan

January 28, 2019 – China could become the world’s top retail market this year, displacing the United States, according to a report from eMarketer today. The report forecasts that China will surpass the US in retail sales by more than $100 billion. In 2019, China’s total retail sales will grow 7.5% to reach $5.636 trillion. […]