Tuesday, January 27, 2009

Free 2009 Economic Forecast Report!

Good news!

IBM has kindly agreed to make my 2009 Economic Forecast for Wholesale Distribution report available as a free download. Just click the link below to get it. (Yes, you will have to register.)

The 2009 Economic Forecast
for Wholesale Distribution

Keep in mind that the overall economic outlook has darkened significantly since my report was released in November. Look at the projected 2009 GDP growth rate from the Wall Street Journal’s survey of economists, sorted by the month of the survey.

The average forecast swung from +1.9% to -0.3% between September 2008 and January 2009. As they say, economic predictions exist to make weather forecasts look accurate!

My forecasts for wholesale distribution have also come down, but the material in the report remains timely and relevant. Pay particular attention to my discussion of the credit crunch and my outlooks for key B2B markets in construction, manufacturing, and the retail supply chain. Feel free to email me with any questions.

BTW, IBM announced an upbeat outlook for 2009 based on its outsourcing and other services contracts. See IBM Bucks Tech Slump, Issues Rosy 2009 Outlook. At least someone is expecting a good year!

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