World Perspectives

Trade Economics and GDP

U.S. first-quarter gross domestic product (GDP) growth reached 3.2 percent, according to the initial report from the Bureau of Economic Analysis (BEA) last Friday. That estimate is subject to further revisions on 30 May. Of note are the following factors:  GDP growth came in far higher than pre-report expectations. GDP growth tends to be slower in the first quarter than in the other three quarters of the year, averaging 1.7 percent since 2010 versus 2.5 percent, respectively. Trade was the largest contributor to GDP growth despite the economic uncertainty on several fronts (e.g., USMCA, China, etc.). The trade aspect of the recent GDP report will undoubtedly be discussed extensively in the media (and on Twitter) given Preside...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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