All posts in Economy

COVID-19 Impact on Global Economic Landscape

COVID-19 has put much of the global population in partial or total lockdown. The short-term effect on supply chains, consumer demand and employment rates is evident, but the long-term impact on¬†international trade, global supply chains and the global economy remains […]

Don’t Miss Jason Schenker’s COVID-19 Economic Update Webinars

Jason Schenker, President of Prestige Economics and Chairman of the Futurist Institute has been providing MHI members bi-weekly economic update webinars throughout the COVID-19 pandemic. Schenker also provides exclusive reports via email to MHI members. The feedback has been very […]

Economic Market Analysis: The Past Is Prologue

Article from MHI Solutions The material handling industry first came together during the conflict of the Second World War to form the organization we know as MHI. Amidst the COVID-19 pandemic, the importance of material handling and supply chain has […]

Agile Supply Chains Win In Spending Boom During COVID-19

How is the U.S. economy surviving during the COVID-19 pandemic? With the government enforcing stay at home orders and the closing of business with phased re-openings, you might think that the U.S. economy was hanging on by a thread! In […]

reshoring

Reshoring and Its Impact on Economy and Supply Chain

Article from MHI Solutions Magazine In the past few decades, numerous companies in the U.S., as well as other industrializedcountries, outsourced (aka offshored) manufacturing operations or other business processes to low labor-cost countries, mainly in Asia. This offshoring and outsourcing […]

Pandemic Aftershocks and Economic Recovery Prospects

Article from MHI Solutions Magazine By Jason Schenker U.S. business investment and global manufacturing fell into recession in 2019. After the Fed cut rates and began re-expanding its balance sheet last year, 2020 was poised to be the year when […]

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