Yes, Donald Trump's unexpected election (more often nicknamed by the media as a "shocking win", did make some waves evn in regards to the promotional products industry.
So, everybody's aware of the one famous part of his economic policy - namely his new tariffs policy and numerous declarations of intent to bring back and expand manufacturing jobs here in the US.
So though these upcoming policies could impact the industry as a whole, it’s important to look into how President-elect Trump’s time in the Oval Office will impact the fellow industries, the ones that are heavily converged with the promotional products industry.
So though these upcoming policies could impact the industry as a whole, it’s important to look into how President-elect Trump’s time in the Oval Office will impact the fellow industries, the ones that are heavily converged with the promotional products industry.
So, with the prospect of President Trump repealing (and presumably replacing with some kind of altnernative?) the Affordable Care Act (Obamacare), and deregulating or laxely neglecting the pharmaceutical prices, here's one industry to boost.
Some other economy sectors which are likely to see a boost under Trump are the oil, gas & coal. With the most focus on the coal industry. However, alternative-energy companies, like solar power companies, don’t have as positive of an outlook.
Some other economy sectors which are likely to see a boost under Trump are the oil, gas & coal. With the most focus on the coal industry. However, alternative-energy companies, like solar power companies, don’t have as positive of an outlook.
Finally, should Trump make good on his plan to increase military spending, defense and aerospace industries will see an increase - hence, will have their share in the promotional market increased.
“We can expect the Pentagon can now view Trump as the guarantor of the extra [approximately] $25 billion in funding that is in the current [fiscal year 2018] plan, but we would lose under sequester to keep funding flat with an elevated [fiscal year 2017],” Robert Spingarn, an analyst for Credit Suisse, told Market Watch.
What do you think? Do you anticipate shifting your client base at all in the years to come? Why or why not? Let us know in the comments.
Source: http://magazine.promomarketing.com/post/donald-trumps-win-means-promotional-products/
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.
ConversionConversion EmoticonEmoticon