Summary of Industries in 2016

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Industries in 2016 summary
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In 2016, businesses will encounter a global economy that, though not robust, should nonetheless steadily grow by 3.4%, according to the Economist Intelligence Unit. But companies will have to deal with rising interest rates, along with declining oil and commodity prices. Add to that China’s economic weakness, and industries are facing considerable headwinds to profitability. How will firms in the automotive, consumer retail, energy, financial services, health care and telecommunications sectors tackle the challenges and seize the opportunities? Find out in this astute analysis and outlook, which getAbstract recommends to industry executives.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

Three global trends will influence corporate plans in 2016: greater cost sensitivity on the part of consumers and governments; an increasing regulatory burden, particularly in environmental issues; and the continuing creative destruction arising from technology innovations. These issues will affect how firms in six industries develop and implement their strategies:

  • “Automotive” – The sector will rebound from a muted 2015 in a “steady rather than spectacular” manner. Less demand will limit production and lead to consolidation. The Volkswagen scandal adds to the increasing regulatory...

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