During PMMI’s Executive Leadership Conference, being held virtually today, April 19th, 2021, Alex Chausovsky, Senior Business Advisor at ITR Economics, reviewed projections from 2020 and peered into the 2021 economy and beyond. PMMI’s Executive Leadership Conference brings CPG Execs together with OEM and machine builder leaders to improve ways of supporting each other.
“From a macro-economic perspective, we are currently at a low point in the business cycle. And when we look out to the future—basically the next three to five years—we see nothing but expansion in both the consumer and the industrial economies in the U.S., and really broadly speaking, around the world as well,” Chausovsky says. “With that notion in mind, we are tracking a lot of leading indicators that say fairly