Browsing: forecast

Despite calls for a slow first half of the year, GAWDA distributors look ahead to 2020 with confidence. Each year in the 1st Quarter Issue of Welding & Gases Today, we survey the industry to try to determine what can be expected from the economy in the coming year. To do this, we have solicited not only distributor and supplier member expectations, but also spoke with the Chief GAWDA Economists at ITR Economics to hear their perspective (page  68.) These three perspectives, combined with the in-depth ITR Quarterly Report (page 72-83), all help paint a picture of what the economy…

Consistent with what the GAWDA distributors projected, GAWDA suppliers are also predicting modest growth in store for 2020. While the disparity of answers varied a little bit more widely among the suppliers, the consensus was for continued, albeit slowing growth in store for 2020. Also consistent with the distributors projections was a fear of election year softness and the continued impact of trade barriers and tariffs. However, even with those fears looming over 2020, most suppliers still projected growth ahead. The following are responses from GAWDA suppliers across North America about what they expect to see in 2020. Thank you…