The September 2023 NFFS Economic Advisor is now available
The September 2023 NFFS Economic Advisor is now available for NFFS members.
In this issue:
- Macroeconomic Outlook: "The labor market will remain tight in the coming years. Do not lose focus on retaining your high performers during the upcoming downturn – make sure your wages remain competitive in both your industry and geographic region...”
- Leading Indicator Snapshot: "...expect cyclical decline in U.S. Industrial Production into at least late 2024..."
- Manufacturing Industry Analysis: "U.S. Total Manufacturing Production in the 12 months through August was 0.2% above last year..."
- A Closer Look: The US Economy: "The Federal Reserve is signaling that it will raise rates further to quell high inflation and ease labor market tightness. For most companies that trend with the overall economy, persistent rise in interest rates is unlikely to alter the 2024 outlook significantly..."
- And more!
The NFFS Economic Advisor provides economic data that is sourced and compiled on a monthly basis by ITR Economics for members of NFFS. It provides leading indicator trend data and relevant economic news to assist foundries with their internal economic analyses and business planning.