RISING LEADING INDICATORS IN CONJUNCTION WITH INCREASING GLOBAL DEMAND SUGGEST 2017 WILL OFFER OPPORTUNITIES FOR EPTDA MEMBER BUSINESSES TO GROW.
Rising leading indicators in conjunction with increasing global demand suggest 2017 will offer opportunities for EPTDA member businesses to grow. However, be cautious of the recent trends of business cycle decline in UK Industrial Production and France Industrial Production. Eastern Europe is demonstrating more robust industrial sector growth versus Western Europe. A prosperous food and beverage industry in 2017 will provide opportunities for EPTDA members in this industry while the chemical industry struggles to compete against emerging markets. Rising commodity prices are suggestive of higher demand in industries heavily tied to commodities, although be aware that rising prices will impact input costs and your bottom line.