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.
In this summary, you will learn
- What three global trends industries will face in 2016 and
- How those trends may affect six sectors: autos, retail, energy, financial services, health care and telecommunications.
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.