The once booming Chemicals industry has been battling headwinds from lingering macroeconomic imbalances for a decade dating back to the global financial crisis. With the recent plunge in demand for commodities, the headwinds have only picked up speed, as the chemicals industry is heavily relied upon for conversion of raw materials into finished goods.
To beat out the competition, it is imperative that chemicals companies stay abreast of the latest economic news and analysis with the most reliable economic forecasts on the market in order to make the best strategic and operational decisions. FocusEconomics covers 127 countries worldwide with its Consensus Forecast report, which surveys over 900 prominent analysts for their forecasts on over 30 essential macroeconomic indicators such as economic growth (GDP), inflation and CPI, interest rates, and exchange rates. FocusEconomics also covers the all-important commodities market, producing its consensus forecast on the prices and production of 33 raw materials in the energy, metals and agricultural sectors.
Containing forecasts from numerous prominent economic analysts, the Consensus Forecast is the perfect tool for benchmarking, scenario building, and preparing internal and external reports. FocusEconomics is not all about the data, however, as the reports include expertly written analysis, putting the data into context for the economic expert and non-expert alike. Chemicals companies are confronted with the challenge of delivering profitable growth amid a low-growth global economy veiled in uncertainty. FocusEconomics is the ideal partner to lift the veil.
Photo Credit: “Medicine Cabinet” by Carl Milner is licensed under CC BY 2.0