Last month, Michael Evans offered five business predictions for 2016 in Forbes. Since he begins with "this coming year may be the most challenging since 2008 to 2010", this sets off warning bells in the minds of many. Michael Evans prediction begins with "2016 holds a lot of challenges for business growth and expansion, and smart CEOs and investors should position themselves for a highly volatile year".: Does this language cause you to pause?
1. Expect gradually increasing interest rates and tougher credit for business.
2. Lower oil prices into mid-year followed by gradual increases in the cost of oil.
3. This will be the year of the mega-merger.
4. It will be a challenging growth year for middle-market companies.
5. It will be politics as usual—and the gap widens!
With questions of challenges, mergers and changes in politics... you may be looking more closely at opportunities and challenges.
"2016 holds a lot of challenges for business growth and expansion, and smart CEOs and investors should position themselves for a highly volatile year." - Michael Evans
Recently, a Forbes article by Bruce McCain shared thoughts about trends to watch for in 2016. We have already seen the Fed increase interest rates for the first time in almost ten years and while it is a small change, some say "watch for more".
Forbes article reviewed points about five key economic trends:
Industrial production will be pivotal for GDP growth in 2016
Consumer spending could fuel economic growth
International trade will be critical for U.S. production and world growth
Currency trends will remain challenging, but the dollar’s rise should slow
The (long-term) inflation firewall may start to erode
By connecting the dots as it relates to geography and the largest companies in each state, we can watch trends of revenue, profit, employment, etc.
This infographic below breaks down the biggest companies per state by revenue for both 2014 and 2015.
Next, the five biggest company by revenue is identified for 6 major world regions. Click on the infographic to enlarge.
Reviewing the articles from experts on Forbes, the infographic and the top companies in each state might offer a different perspective. If this information nudges your thoughts to include "we need to get more productivity from our team.", you will want to look closely at the warehouse carts with portable power. (aka mobile workstations)
We can provide mobile workstations, picking carts, POS carts, receiving carts and portable retail carts. With the integrated portable power package, improved productivity is almost "instant".
Use this interactive warehouse map to determine which type of equipment to consider: