The theme regarding the economy a year ago at this time may very well have been “Happy days are hear again, given solid GDP growth, buoyed by high levels of consumer confidence, manufacturing output, and strong import volumes, among other factors. But move ahead to the present, and the theme could be something along the lines of “Where have all the good times gone?” The shift in economic themes, while jarring, to a degree, has been underway for a little while, going back to late 2018.
Source: logistics Mgmt
Concerns over global and domestic economic outlooks appear to be growing
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