The U.S. imported more products from Mexico than China for the first time in two decades. But the attractive proposition of nearby sourcing is tempered by real challenges.
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Blockbuster buys involving Counselor Top 40 firms, international acquisitions and a flurry of smaller domestic deals have put an M&A exclamation point on 2024’s first 10 months.
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Economist Mary Kelly told attendees what indicators to watch for and how it will impact their businesses.
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Distributors are increasingly sourcing direct from overseas – a trend that suppliers see as a cause for concern.
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The Fed last week indicated that it’s eyeing only one interest rate cut this year, down from three. Executives weigh in on what that means for the promo industry.
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Experts say the economy is doing well, but consumers’ negative ‘vibes’ are causing promo sales to slow.
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David Rush holds the record for catching T-shirts fired from a cannon and putting them on. We spoke to him about the efficiency of the T-shirt cannon and choosing the right T-shirt for the job.
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Promotional products executives noted that the increases could affect product costs, sourcing practices and shipping prices, but emphasized the industry would adapt.
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Promo industry sales dropped nearly 1%, but it’s hoped that an increase in business late in the quarter will carry throughout the rest of 2024.
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