Election year uncertainty clouds 2024 supply chain outlook
July 25, 2024
Max Garland, Senior Reporter Supply Chain Dive
Read original post here.
"U.S. President Joe Biden’s departure from the 2024 presidential race has sparked further uncertainty in companies’ demand forecasts amid an underwhelming year for manufacturers, experts said during an Industry Dive virtual event on Wednesday.
Recent polling suggests a close election race between Republican presidential nominee Donald Trump and presumed Democratic nominee Vice President Kamala Harris, said Jason Miller, a professor of supply chain management at Michigan State University. That makes it less clear which broad policy portfolio supply chain and manufacturing executives will have to contend with in 2025.
“I think that may kick the can down the road for certain capital investment decisions,” Miller said during a panel at the “Supply Chain Outlook: Trends and Risks To Watch in 2024″ event."
