Strategy

Global Business

China Retail Sales Increase Only 8.5% in July

The Chinese economy's recovery from the pandemic is "losing steam as businesses grapple with higher costs and supply bottlenecks."
The Economy

Census Shows Historic Decline in White Population

"The U.S. population is much more multiracial and more racially and ethnically diverse than what we have measured in the past."
The Economy

Small Business Optimism Declines in July

“Small business owners are losing confidence in the strength of the economy and expect a slowdown in job creation."
The Economy

CBO Says Infrastructure Bill Would Add to Deficit

A CBO analysis estimating a $256 billion hit to the deficit contradicts supporters' claims that the new spending in the bill would pay for itself.
The Economy

Services Industry Index Hits All-Time High

“Demand is rotating back to services as nearly half of the population has been fully vaccinated against COVID-19."
Forecasting

Metric of the Month: How Far Off Is Your Sales Forecast?

While some finance leaders may argue against the merits of the traditional budget, not many would argue against the value of an accurate forecast.
The Economy

U.S. Economy Surges Back to Pre-Virus Levels

GDP rose at an annual rate of 6.5% in Q2 but shortages of workers and supplies of crucial products could slow growth for the rest of the year.
The Economy

IMF Says Price Pressures Could Be ‘More Persistent’

"Uncertainty remains high" and "central banks may need to take preemptive action," the Fund warns in its latest World Economic Outlook.
The Economy

U.S. Factory Orders Climb 0.8% in June

Despite supply chain issues, "business investment is showing no signs of slowing down or a lack of confidence in continuing strength in consumer demand."
The Economy

ECB Keeps Interest Rates Unchanged in Eurozone

"The pandemic continues to cast a shadow, especially as the Delta variant constitutes a growing source of uncertainty."
Supply Chain

CFOs: Higher Input Costs Will Persist

Some companies are taking aggressive action to pass on at least some of the abnormal cost increases to customers.
The Economy

Retail Sales Rebound in June With 0.6% Gain

“Inflation is a challenge for businesses right now, but sales growth is very good and consumer demand is very good."
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