Happy New Year and welcome to 2017!!!
Some good news recently projected by Forbes shows a promising future year in sight (hopefully)
“Increasing employment, accelerating wage growth, and improving consumer sentiment, cumulatively result in the perfect formula for increased consumer spending/retail sales, which accounts for approximately 70% of U.S. economic output. The Conference Board’s Consumer Confidence reading shows that consumer confidence has been generally increasing since May of this year. Furthermore, this is a leading indicator of consumer spending by 9 months, suggesting an increase in consumer spending in early 2017.” – Forbes.
December 2016 showed the Dow Jones Industrial rise to an unprecedented record high.
This is all good news for suppliers and buyers inside the wholesale marketplace.
Let’s all hope this positive trend continues 🙂