plasticsnews.com
Economics Editor Bill Wood continues to monitor the U.S. economy for a potential "soft landing" scenario as inflation eases and the job market remains robust. But concerns linger, particularly in the manufacturing and residential construction sectors, which struggle due to high interest and mortgage rates. Also supply chain disruptions, geopolitical risks and election uncertainties pose potential challenges.
3 months ago
plasticsnews.com
Bill Wood: "The stock market was indeed beginning to look a bit irrational as we started the second half of 2024, but history has taught me the stock market tends to correct itself regardless of my opinion. Nevertheless, there are some other trends or risks in the overall economy that have me concerned at the present time because they do not appear to be self-correcting."
5 months ago
plasticsnews.com
<p>The Fed is still trying to get inflation under control, and interest rates may remain high for the next year. In the June Numbers that Matter editorial livestream, Bill Wood talked about the impact that’s having on <a href=“http://www.plasticsnews.com/video/what-soft-landing-economist-gives-his-criteria-and-why-we-arent-there-yet” class=” inline-paragraph-link”>plastics end markets</a>. </p>
6 months ago
plasticsnews.com
<p class=“MsoNormal”>In 2021, the American business sector did something it had never done before: It invested more money in intellectual property products than it did in equipment.</p><p></p>
6 months ago
plasticsnews.com
<p>Bill Wood: “Many of you are still having difficulty finding qualified workers, and all of you are experiencing rapidly rising labor costs. This comes at a time when you have no ability to pass these higher costs along. In other words, you cannot afford to lose good workers, but it is becoming so expensive that you cannot afford to keep them either.”</p>
10 months ago
plasticsnews.com
In 2022, the total number of house starts declined by an estimated 2 percent compared with 2021. For 2023, Economics Editor Bill Wood’s forecast calls for the annual total to drop another 10-15 percent.
almost 2 years ago
plasticsnews.com
Even if everything goes as planned, Economics Editor Bill Wood says don’t expect the Consumer Price Index curve to get down to normal levels for another five or six quarters.
about 2 years ago
plasticsnews.com
Rising energy prices not only push materials prices higher, but also they push
up the cost of running our factories. Resin prices do not follow every wrinkle
in the oil market. But, over time, the correlation is quite robust.
almost 3 years ago
plasticsnews.com
Plastics processors have witnessed a wide variety of outcomes from the onset of
the pandemic, but most of them are facing the same two prevailing market forces
at the moment: a sharp increase in materials prices and rising pressure on
wages.
over 3 years ago
plasticsnews.com
<p>My current outlook calls for resin prices to come in flat to down through the first few months of this year, and then climb gradually higher in the second half.</p>
almost 5 years ago
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