Webinars Manufacturing

Manufacturing Atlas: The 2024 Edition

By Patrick Luce on July 21, 2023

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Patrick Luce

Patrick Luce double-majored in finance and economics at the University of Tampa, went on to earn a master’s degree in economics from the University of South Florida, and has worked as a management consultant, specializing in financial and economic modeling for local government agencies. Additionally, Patrick is an adjunct professor at his undergraduate alma mater, where he teaches courses in macroeconomics.

If you were going on a long-distance car trip, you would probably put some effort into planning for the amount of time and money you would have to spend to reach your destination. You would also plan what to do with your time upon your arrival. But actual directions to a destination are more of an afterthought today. Smartphones make that part easy; in real time, you are told when to turn and where. While the smartphone revolution has made road trips easier, the same just-in-time approach falls short when it comes to running a business.

In contrast, road atlases dominated the pre-GPS era. Regional maps were updated annually, enabling travelers to plan their journeys in advance. They would study the different road networks that led to their destinations so that they could prepare for any roadblocks and avoid wasted time and resources.

In the spirit of this proactive mindset, join ITR Economics for “Manufacturing Atlas: The 2024 Edition” and create a comprehensive business roadmap.

ITR Economics is forecasting a recession for most industries in 2024. Are you ready? Webinar attendees will gain insights into our overall outlook for the manufacturing economy. We will focus on specific markets; some recessionary trends will be more pronounced, while others will be more muted. We will also discuss the underlying risks to these outlooks and the road signs you should be watching out for.

We will highlight key trends in the broader macroeconomic environment as well as trends in manufacturing, including:

  1. consumer and business financial health,
  2. money supply and the interest rate environment,
  3. inventories and unfilled orders, and
  4. labor and inflationary pressures.

We will equip you with the pertinent Management Objectives to navigate the challenges of 2024 and position your business ahead of the curve for 2025.

This webinar recording is an Insider™ member exclusive! Learn more and sign up today to receive this complimentary recording later this month.

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