After several years of cash stacking up in American households due to the pandemic, the pocketbooks are now wearing thin.

China is a major player in global trade and a significant portion of the world's goods are manufactured there.

A large swatch of the country’s economists are anticipating a recession in the United States, but the date that comes to fruition is to be a little later than initially expected.

At the fastest pace since June 2022, the Federal Reserve’s preferred inflation gauge is skyrocketing.

As inflation continues to impact the economy, retailers may feel the pressure to push back on supplier costs to maintain their profit margins.

Walmart has signaled that customers will likely slow their purchasing, even after strong holiday sales and profit last quarter.

Large retailers such as Home Depot and Walmart are projecting a weaker economy this year due to declining consumer spending.

Spiraling towards levels only seen during the 2008 financial crisis, US household debt has increased by $320 billion in the last 3 months of 2022.

This is a 13% increase year over year, highlighting how challenging it is for so many Americans to afford green energy transportation.

Unable to fund imports due to the country’s depleting foreign currency reserves, Pakistan is abandoning containers full of goods at the ports.

In order to regain control of the company’s operational model and develop more profit, Convoy CEO and co-founder Dan Lewis has announced through a LinkedIn post that the company is thinning its labor force.

As a result, many freight companies are reverting to diesel locomotives over electric models in order to reduce substantial operating costs.

Customers are likely to become more price-sensitive during an economic downturn, so retailers should focus on offering products and services that provide real value to customers.

When there is an inventory glut, it means that there is more supply of a particular product than demand for it.

Despite the United States’ annual inflation taking a breather at 6.4% in January, the inflation rates are likely to remain high for quite some time.

Despite high-interest rates and staggering inflation, Americans are continuing to spend the money in their pocketbooks.

There are several possible explanations for why inflation could be high despite weak economic growth and low unemployment, including the near-constant supply chain disruptions.

According to the Congressional Budget Office, the increasing cost of interest rates, retiree benefits, and military spending are expected to send the country’s debt to the moon by 2033.

Due to the significant demand decrease after pandemic-driven highs, carriers are very aware that they have the ability to adjust capacity tactically.

Citrus fruits, cereal, and baked goods paced alongside eggs - making breakfast a “treat” for most American families.