Outlook Q2 2022 North American Barometer: Still Calling for Growth But Outlook Continues to Weaken
Executive Summary
Geopolitics, inflation and never-ending global supply-chain challenges are heavily weighing on the North American market. In the wink of an eye, the outlook has reversed from upside bias to downside. The sales and production forecasts for 2022 have been significantly cut since the end of last year and are in danger of not showing growth from 2021. Haig Stoddard will detail the current outlook in North America for the second half of 2022 and touch on prospects for growth in 2023, highlighting signs and data indicators to watch for that point to more strength or weakness.