As commodity prices undergo rapid corrections, the labor market is experiencing a slower recovery. While conditions are improving for employers, wage growth remains sluggish due to high interest rates and reduced hiring optimism. Regions like Europe and North America face persistent challenges, including an aging workforce and structural skill shortages. Despite some areas of stability, such as in Mexico, the overall outlook suggests a cautious approach to hiring as businesses navigate these complexities. The labor market may tighten again as demand picks up, but for now, the path to normalcy is still a long one.

Credits:

• Host: Kristen Hallam
• Guests: Emily Crowley, Director of Pricing and Purchasing, S&P Global Market Intelligence
• Produced By: Kristen Hallam, Susan Minio
• Published With Assistance From: Susan Minio, Sophie Carr, Feranmi Adeoshun

In this episode of the Decisive podcast, host Kristen Hallam is joined by David Vagenknecht and Shuchita Shukla from S&P Global Market Intelligence to explore the constraints facing the European Union's industrial sector and the potential for an industrial upcycle. They discuss the aftermath of the pandemic and the Russia-Ukraine war, highlighting persistent supply-side bottlenecks, including labor shortages and high production costs. Although some improvements have been noted, particularly in commodity prices and delivery times, demand for European goods remains weak, especially in heavy industries like construction and automotive.

The conversation delves into the uneven recovery across different sectors, the impact of geopolitical tensions, and the structural challenges posed by reduced gas imports and global competition, particularly from China. 

More S&P Global Content:

• Flash eurozone PMI top five takeaways: Heightened risk of economy facing hard landing

Credits:

• Host: Kristen Hallam
• Guests: David Vagenknecht, Shuchita Shukla
• Produced By: Kristen Hallam
• Edited By: Kristen Hallam
• Published With Assistance From: Sophie Carr, Feranmi Adeoshun

In this episode of The Decisive Podcast, we dive into the upcoming G20 Summit, set to take place in November during a year filled with significant geopolitical shifts and key elections among member nations. Our experts discuss the G20's evolving role as a platform for mobilizing alliances and tackling critical global issues in our increasingly fragmented world.

Brazil, as the summit's host, may leverage this opportunity to influence conversations around economic recovery, climate action, and international cooperation. Learn more about what the priorities are for member countries including BRICS members.

More S&P Global Content:

• Global Economic Outlook: September 2024
• Emerging market growth decelerates in August while price pressures ease

Credits:

• Host: Natznet Tesfay
• Guests: Aries Poon, Laurence Allan, Carlos Cardenas, Thea Fourie
• Produced By: Kristen Hallam, Debbie Taylor
• Edited By: Resonate Recordings, Kristen Hallam
• Published With Assistance From: Sophie Carr

In this episode of The Decisive Podcast, host Kristen Hallam delves into the upcoming Inland Distribution Conference, featuring insights from industry experts Eric Johnson and Bill Cassidy. They discuss the conference's theme, "Striking a Balance," highlighting the current challenges faced by shippers, logistics providers, and carriers amid ongoing market volatility.

The conversation covers key topics such as the importance of technology in operations and the impact of potential labor actions. Tune in to discover what attendees can expect and how they can prepare for this pivotal event in the North American supply chain landscape.

To learn more about Inland24, click here

More S&P Global Content:

• Logtech investment slump signals pivot from disruption to enablement
• When it comes to the Red Sea diversions, the world is moving on
• Halloween supply chain activity booms

Credits:

• Host: Kristen Hallam
• Guests: Eric Johnson, Bill Cassidy
• Produced By: Kristen Hallam
• Edited By: Kristen Hallam
• Published With Assistance From: Sophie Carr

In this episode of The Decisive Podcast, host Paul Smith is joined by senior economists Andrew Harker and Tim Moore to explore the latest trends in global trade and the impact of recent geopolitical events. They discuss the fragility of export order volumes and the significance of Purchasing Managers Indices (PMIs) as early indicators of economic health. The conversation also delves into the effects of political uncertainty on PMI surveys, particularly in the context of the recent election in U.K. and the upcoming election in the U.S.

Join us for insights into how these factors shape business expectations and signal economic activity around the world.

More S&P Global Content:

• Detailed PMI sector data underscore growing rift between manufacturing and services economies in August
• Steepest deterioration in trade conditions since December 2023
• Emerging market growth decelerates in August while price pressures ease

Credits:

• Host: Paul Smith
• Guests: Andrew Harker, Tim Moore
• Produced By: Kristen Hallam
• Edited By: Adam Kovalsky
• Published With Assistance From: Sophie Carr

As the world's most populous country, India faces unique opportunities and challenges in maximizing its labor potential for economic growth. This episode covers key topics such as employment prospects post-elections, government initiatives for upskilling, and the critical role of female labor participation. Tune in for insightful analysis on how India can harness its workforce to become a global manufacturing hub while navigating the complexities of a dynamic labor market.

This special episode complements the release of S&P Global and CRISIL's thought leadership journal, India Forward, presented by the India Research Chapter. The inaugural addition of India Forward, Emerging Perspectives, which will be launched on Sept. 19.

More S&P Global Content:

• Asia-Pacific: Key themes to watch in 2024
• India's election impact: Insights and analysis
• Exploring the post-election landscape for reshoring to India 

Credits:

• Host: Farhan Husain
• Guests: Sophie Malin, Ashima Tyagi
• Produced and Edited By: Kristen Hallam
• Published With Assistance From: Sophie Carr, Deepa Kumar

Brush up on how U.S. monetary policy works as the September meeting of the Federal Open Market Committee approaches.

Host Kristen Hallam explores the intricacies of U.S. monetary policy with senior economist Lawrence Nelson. They discuss the Federal Reserve's dual mandate of price stability and maximum employment, examining how policymakers adapt their strategies in response to evolving economic conditions.

Key topics include the Fed's 2% inflation target, the significance of labor market indicators, and the importance of anecdotal evidence from businesses. Tune in for valuable insights into how the Fed navigates challenges and shapes economic policy.

More S&P Global Content:

• Global economic outlook: August 2024
• US manufacturing PMI sends warning signals on economic conditions
• US back-to-school sales to exceed $1 trillion in 2024  

Credits:

• Host: Kristen Hallam
• Guests: Lawrence Nelson
• Produced and Edited By: Kristen Hallam
• Published With Assistance From: Sophie Carr

Dive into the critical back-to-school shopping season, a key retail period for U.S. consumers and businesses. Our experts explore projected growth in back-to-school retail trends and sales, the implications for supply chains, and what it tells us about the broader economy. 

With insights into consumer behavior and supply chain dynamics, this episode sheds light on how retailers are navigating inflation and evolving market conditions. Tune in to gain valuable perspectives on a retail season that significantly impacts the economy and consumer sentiment.

More S&P Global Content:

• US back-to-school sales to exceed $1 trillion in 2024
• Global economic outlook: August 2024

Credits:

• Host: Kristen Hallam
• Guests: Michael Zdinak, Chris Rogers
• Produced and Edited By: Kristen Hallam
• Published With Assistance From: Sophie Carr

In this episode of the Decisive Podcast, host Kristen Hallam sits down with Scott Hazelton, Consulting Director at S&P Global Market Intelligence, to explore the dynamic landscape of the home improvement market. As they gear up for the Home Improvement Insights Summit in Chicago, Scott shares valuable insights into the factors driving consumer behavior and spending in this sector.

Listeners will gain an understanding of the key trends shaping the home improvement industry, including the impact of interest rates, consumer confidence, and the evolving demand for skilled labor. 

Whether you're a professional in the industry or simply curious about home improvement trends, this episode is packed with valuable information to keep you informed and engaged.

Explore our library of S&P Global Market Intelligence podcasts: https://www.spglobal.com/marketintelligence/en/news-insights/podcasts/

Tea or coffee?

Our experts tell the fascinating story of the trade in two beloved beverages: tea and coffee. Featuring insights from Anna Rybicka and Agnieszka Maciejewska, this episode explores the global trade, market trends, and the impact of weather on these commodities.

Discover where people consume the most coffee per capita, which tea exporter barely drinks a drop of the crop, and the forecasted trade volumes by 2040. Whether you’re a coffee enthusiast or a tea lover, this episode offers a deep dive into how your daily cuppa gets filled. 

Read our blog on tea exporter Kenya: https://www.spglobal.com/marketintelligence/en/mi/research-analysis/kenya-floods-2024-economic-impact.html?utm_source=GIA&utm_medium=blog&utm_campaign=secontent&utm_id=PC024015

Explore our library of S&P Global Market Intelligence podcasts: https://www.spglobal.com/marketintelligence/en/news-insights/podcasts/