by Greg Alonso, principal, Plante Moran The 2020 calendar year began with a solid, consumer-driven US economy, historically low unemployment and rising wages. The prevailing sentiment regarding near-term economic prospects was cautious optimism as the longest running recovery on record seemed likely to continue. Other significant events with economic implications included a … [Read more...] about Cautious Optimism is Overwhelmed by Economic Shock and Uncertainty
Articles
CARES Act Provides Relief to Plastics Processors
by Michael J. Devereux II, CPA, CMP, Mueller Prost On March 27, 2020, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act – the largest relief package ever passed by Congress almost three times over – into law, thereby ushering a host of new lending and tax provisions available to plastics processors. The CARES Act made several … [Read more...] about CARES Act Provides Relief to Plastics Processors
The COVID-19 Effect: Preparing Your Business for a ‘New Normal’
by Laurie Harbour, president and CEO, Harbour Results The COVID-19 pandemic has made one thing clear: Not every manufacturer is going to come out of this crisis intact. The industry has experienced a significant impact, causing ripples throughout the supply chain. And, if a business went into 2020 in a weakened state, it’s really going to show on the backside of this … [Read more...] about The COVID-19 Effect: Preparing Your Business for a ‘New Normal’
COVID-19: Business Policies and Best Practices
by Ashley Turrell, membership & analytics director, MAPP When the Manufacturers Association for Plastics Processors (MAPP) asked plastics executives to rank their top priorities for the year in January 2020, no one could have anticipated the pandemic and the quick shift in business that would take place. As business leaders pivoted on their initial plans and strategies, … [Read more...] about COVID-19: Business Policies and Best Practices
What Will the Economic Aftermath Look Like?
by Chris Kuehl, managing director, Armada Corporate Intelligence Editor’s Note: This article was written on April 16, 2020. The status of the global economy has altered just a bit from what it was just a couple of months ago. It seems that all those standard concerns regarding inflation and deflation, interest rates, consumer confidence, industrial output and just about … [Read more...] about What Will the Economic Aftermath Look Like?