Pressure Builds On China Based Supply Chains

by Jonathan Custer

By Gary Evans and Jon Custer Custer Consulting Group The global pandemic is putting ever more pressure on global supply chains. Reuters reports the Trump administration is now “turbocharging” its efforts to punish China in an attempt to remove global supply chains from the Middle Kingdom through, among other things, the implementation of new tariffs. …

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Apple Posts 1 percent Y/Y Revenue Growth

by Jonathan Custer

quarterly earnings of $2.55, up 4 percent International sales accounted for 62 percent of the quarter’s revenue all-time record in services, $13.35 billion in revenue, up from $11.45 billion a year ago a quarterly record for wearables iPhone sales fell 6.7 percent to $28.96 billion from $31.05 billion a year prior iPad revenue fell 10.3 …

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U.S. GDP Declines 4.8% Annualized In Q1 2020

by Jonathan Custer

Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2019, real GDP increased 2.1 percent. The decrease in real GDP in the first quarter reflected negative contributions from personal …

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