Economic Headwinds China is the second-biggest economy in the world, and its commercial health is undeniably tied to global economic growth. It’s not surprising then that Washington is keeping a close eye. China’s economic challenges are varied, including a struggling property sector, rising government debt and unemployment, as well as an aging population. But all…Read more
Blue Skies Ahead The International Air Transport Association expects record numbers of travels and revenues for the airline industry in 2024. Revenue growth is projected to hit a historic $964 billion, driven by an estimated 4.7 billion passengers. That projection surpasses the 2019 number of travelers, and puts concerns about the pandemic’s lingering effects on…Read more
Pricy Boxes There are rumblings in the cardboard industry, and they’re sending signals about the economy. Cardboard prices are a bellwether for the packaging industry, and in turn consumer demand — and prices are on the rise. It’s the first time cardboard prices have risen since the Federal Reserve’s latest cycle of interest rate hikes…Read more
