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Consumers can expect low fuel prices, modest gains in household income, and rising home sales. But consumers are still likely to remain somewhat cautious in their spending.
Supply chain managers should pay special attention to three trends that will reshape international trade and shipping patterns over the next decade, potentially altering supply chain dynamics.
By understanding the timing of consumer paydays and the impact that has on spending patterns, supply chain managers for many retail and consumer goods manufacturers can better identify the factors that may be contributing to a surge in sales.
Despite relatively strong corporate profits, U.S. companies remain cautious. Inventory growth is likely to be much like it was last year: modest and slow.