On May 28, Bloomberg reported that Amazon may stop taking wholesale orders from smaller vendors, a move intended to drive efficiencies and ensure that the tech giant maintains healthy supplies of its most in-demand products. Amazon quickly refuted the article, telling Fast Company: “We review our selling ... READ MORE >
Consumer products
Can consumers carry the economy amid weak business investment?
Durable goods orders in April showed broad weakness, as expected, falling 2.1 percent. However, in addition to April results, March durable goods numbers were also revised downward, compounding the impact and creating a weaker trend. A closer look at the data demonstrates that shipments of goods, ... READ MORE >
A pivot point for agriculture : Can agritech save farming?
The U.S. agriculture sector has been hard hit in recent years due to changing global demand and the onset of the Trump administration’s trade conflicts. Growth of real net farm income in 2019 dollars has been negative in nine of the past 19 years. Since 2011 the major agriculture states in the Midwest ... READ MORE >
Financial crisis monitor: agriculture sector at risk
A little over a year ago we sat down with a senior Trump administration official to discuss a looming trade spat with a variety of U.S. trade partners. The discussion included a frank exchange about the ill logic of a policy pathway that included tariffs and quotas, optimal tariff theory by industry and, ... READ MORE >
Wholesale gasoline prices point to 8% rise in retail costs in time for summer holidays
U.S. consumers are likely to feel a modest jolt in commuting costs, as wholesale gasoline futures now point to an 8 percent rise in retail gasoline prices in coming days, with risk of a much more pronounced increase to follow. The surge is due to non-market derived pricing action caused by a recent ... READ MORE >
Economic risk tied to closing the U.S.-Mexico border
A sustained hard closure of the U.S. border with Mexico would trigger a recession in both the United States and Mexico within six months. It’s important to note that the auto industry directly employs one million individuals and accounted for 0.7 percent of the real value added to the U.S. economy in ... READ MORE >
U.S. February retail sales point to weak Q1 household spending
Soft top-line and underlying core retail sales in February point to persistent weak household spending in the first quarter of the year. While retail sales make up roughly 23 percent of household spending, we are certain that if personal spending in February and March does not surge at least 0.5 percent ... READ MORE >
Retail sales: Fatigued consumer bounces back but will there be follow through?
January retail sales data indicated a modest rebound in spending after a weaker-than-expected close to 2018. The 0.2 percent month-over-month increase in retail sales and the 0.9 percent increase in the retail sales control group figure that feeds into estimates of gross domestic product both affirm that ... READ MORE >
Fashion to get lift from spending, amid trade and labor challenges
Consumer confidence and spending created some momentum for the fashion sector in 2018. Continued strong consumer confidence, along with the threat of trade regulations and a tight labor market, will be dominant themes for the sector—and the broader retail space—heading into 2019. In 2018, apparel ... READ MORE >
Data to help food makers manage trends, boost transparency
The 2019 outlook for the food and beverage sector remains cautiously optimistic; however, macroeconomic trends and public policy headwinds make it increasingly important for middle market companies to pay close attention to consumer preferences, while leveraging technology to drive process improvements ... READ MORE >