When COVID-19 shut down retail outlets, sales inevitably faltered. Then stuck-at-home consumers decided to redecorate – or move on and furnish someplace new – and orders for furniture surged. Sales are better than expected, but less than they might have been had...
COVID-19: Global Trade Braces for Epochal Change
Last year closed with a Phase One agreement to “reset the relationship” between the U.S. and China. Roughly the same time, the first cases of the novel coronavirus were presenting themselves in Wuhan. The COVID-19 pandemic’s impact on global markets will dwarf the...
Automotive Sector Bracing for Long-Term Impact of COVID-19
Sophisticated and globally connected supply chains have made the movement of goods more efficient and accessible but, at the same time, susceptible to economic crisis and natural disasters such as the financial crisis in 2008 and the Asian Tsunami in 2011. While many...