Macroeconomics II: Commodity and Input Prices
Available now, on-demand
Volatile commodity prices have made it difficult for the distribution community to predict input costs and manage budgets since the start of the pandemic. The fallout of this volatility includes squeezed margins and pressured profitability for distributors across a spectrum of industries. The decelerating macroeconomy in mid-2022 reflects a pivotal change from the aggressive pace of business in 2021, with commodities like copper, steel, lumber and oil all declining in price.
In this episode, host Alex Chausovsky and his guest explored the factors that drive commodity and input prices. They also discussed the current and likely future trajectory of commodities and other input costs, and provide guidance on what distribution leaders need to do now to prepare their business for what’s to come.
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About Our Guest
Joseph Politano is an economic researcher and analyst. Currently, he writes Apricitas, an independent data-driven economics newsletter. Previously he worked as a financial analyst and as an economic development volunteer abroad.
About Our Host
Alex Chausovsky is a highly experienced market researcher and analyst with more than 20 years of expertise across economics, industrial manufacturing, automation, talent and workforce issues, and advanced technology trends. For the past two decades, he has consulted and advised companies throughout the U.S. and Canada, Europe, South America and Asia.
Alex has delivered hundreds of keynote presentations and webinars to small businesses, trade associations and Fortune 500 companies across a spectrum of industries. He is currently overseeing a suite of analytics products focused on talent for the Miller Resource Group. Alex is also consulting with companies to help them become better at attracting, hiring, and retaining the impact players in their industry.