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Industries in 2019

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Industries in 2019

EIU,

5 min read
5 take-aways
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What's inside?

Six major global industries will continue to grow in 2019. But storm clouds loom on the horizon. 

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Editorial Rating

8

Qualities

  • Analytical
  • Applicable
  • Overview

Recommendation

Global growth in financial services and the automotive, retail, health care, energy and telecommunications industries looks to continue into 2019, according to this annual analysis from the Economist Intelligence Unit. Yet against this upbeat prognosis lurk some potentially unsavory prospects. The overarching trade tussle between the United States and China, the acrimonious Brexit outcome, and higher interest rates in the New Year are just some of the potential pitfalls that could spell trouble for these sectors. Executives will find this a useful, wide-ranging forecast for 2019.

Summary

Global industries face an uncertain future, notwithstanding a generally buoyant outlook for 2019. Sales in new automobiles, retail goods, energy, financial services, health care and mobile communications are on an upward trajectory in the New Year. However, trade frictions between China and the United States look to be long-lasting and could reverberate to the detriment of economies. Brexit will inflict pain on the automotive, financial and health care industries. The US withdrawal from the Joint Comprehensive Plan of Action for Iran could force up the cost of oil. And risks to security from the Internet...

About the Author

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

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