By Chris Kuehl, managing director, Armada Corporate Intelligence J.K. Galbraith was a noted economist from Canada and famous for his pithy quotes. One in particular sums it up. He said, “The sole purpose of economic forecasting is to make astrology look legitimate.” It has been a rough year for those in the prognosticating business. There was an expectation of recession last … [Read more...] about Year-End Challenges: Inflation, Labor Shortage and Trade
Economy
Outlook for 2025: Trends, Challenges and Investments in Plastics
By Lindsey Munson, editor, Plastics Business With 2025 knocking at the door, the plastics industry is ready to turn the page by building on the momentum of the last year, maneuvering market demands, establishing relationships and strategically planning for the year ahead. There is cautious optimism among plastics processors, who likely will face challenges of economic … [Read more...] about Outlook for 2025: Trends, Challenges and Investments in Plastics
What Actually is Driving the Economy These Days?
By Chris Kuehl, managing director, Armada Corporate Intelligence Given all the data, where does the economy stand? It is a bit of a broken record, but the old phrase for economists still is true: ‟It depends.” What economists know for certain is that some of the drivers of last year’s economy have faded and one has all but vanished. At the start of 2023, there were a lot of … [Read more...] about What Actually is Driving the Economy These Days?
Four Changes That Have Economic Impact
By Chris Kuehl, managing director, Armada Corporate Intelligence Has it been mentioned that the sole function of economic forecasting is to make astrology respectable? This was a rather famous and appropriate quote from John Kenneth Galbraith. It’s not that economists are that bad at forecasting but only as good as the data and when these numbers keep changing it makes life … [Read more...] about Four Changes That Have Economic Impact
Mixed Reviews for 2024’s Economy
By Chris Kuehl, managing director, Armada Corporate Intelligence There always is something happening in the economy guaranteed to make a fool of economists. After all, the only function of economic forecasting is to make astrology look respectable. For most of last year, the predictions were some versions of gloom and doom, and every quarter there was further evidence of … [Read more...] about Mixed Reviews for 2024’s Economy