Saturday, November 30, 2019

U.S. Business Activity Shows Signs of Pickup Against Sharper Global Slowdown

U.S. Business Activity Shows Signs of Pickup Against Sharper Global Slowdown 


According to a recent article by the Wall Street Journal entitled "U.S. Business Activity Shows Signs of Pickup Against Sharper Global Slowdown" by Paul Hannon and Sarah Channey, the United States business activity is showing signs of pickup even in the midst of a global showdown. The article mentions that "the U.S. is offering signs of a pickup in late 2019, contrasting with more sluggish economic performances in some of the world’s other largest economies" which provides the beginning of an interesting discussion, especially in regards to how the United States is fairing after the unrest the US has faced with politics. 
One of the most important things marketers and businesses need is the reliability of their data and this unknown political landscape has been greatly impacting businesses and their ability to plan strategies for products moving forward. As time under this administration has passed, more questions have come up of course, but there is also an improvement in the markets as investors and foreign companies and domestic companies alike learn how to handle the politics of this administration. 
The article also mentions that "The Paris-based research body, which represents 36 advanced economies, said those low rates of growth could become standard if governments don’t roll back newly erected obstacles to trade and take steps to boost investment" which also shows the power that governments have when it comes to enforcing trade deals and promoting trade opportunities within their countries. Without government influence, or too much influence, trade between countries ceases. It's a fine line that must be walked at all times. 

Source for article and picture: https://www.wsj.com/articles/slowing-business-activity-sounds-alarm-for-global-economy-11574417281

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