Frank G. Cannata shares his perspective on inflation and interest rates in the latest Frankly Speaking and how those two segments of our economy will impact the office technology industry and office technology dealers in 2023. He also emphasizes the need for dealers to participate in our 38th Annual Survey in order to gauge just how accurate his predictions were about interest rates, inflation, and a potential recession.
Inflation
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Inflation slowed from the first half to the second half of 2022, both in price and wage inflation, which is good news for the Federal Reserve. However, a closer look at the data suggests that some of the drop was an unwinding of unusual price increases in the first half of the year.
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Economics & Business
Economics Watch: Changing International Trade Patterns Complicate Economic Outlook for 2023
One of the legacies of COVID-19 has been substantial disruptions to international trade patterns. This continued to play out in 2022 and complicates the outlook for 2023…
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Some important leads and lags will affect the Consumer Price Index (CPI) and other measures of inflation over the next year. One is that between spot natural gas prices and electricity…