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Kelly and Patrick discuss the current state of the US economy and how current economic conditions might affect the outdoor industry. What would a default on the national debt mean for outdoor? How do the unemployment rate, labor force participation rate, and inflation rate affect spending in the outdoor markets? How is consumer sentiment affecting the US economy?
Use the following links to learn more about consumer sentiment from the University of Michigan, see data on inflation, unemployment, and labor force participation from the Bureau of Labor & Statistics, and read about other economic indicators from the Institute for Supply Management. Click here to learn more about the current state of the bicycle market from Bicycle Retail and Industry News. Finally, play the bullwhip beer simulator by clicking on this link.
By People for Bikes and the Outdoor Industry AssociationKelly and Patrick discuss the current state of the US economy and how current economic conditions might affect the outdoor industry. What would a default on the national debt mean for outdoor? How do the unemployment rate, labor force participation rate, and inflation rate affect spending in the outdoor markets? How is consumer sentiment affecting the US economy?
Use the following links to learn more about consumer sentiment from the University of Michigan, see data on inflation, unemployment, and labor force participation from the Bureau of Labor & Statistics, and read about other economic indicators from the Institute for Supply Management. Click here to learn more about the current state of the bicycle market from Bicycle Retail and Industry News. Finally, play the bullwhip beer simulator by clicking on this link.