Wages Keep Rising, But Other Inputs Mostly Stable for 2019
Looking ahead to the coming year, no factor impacts industry sourcing decisions more than the Trump Administration’s threat to tariff all Chinese imports as much as 25% if trade talks do not reach a satisfactory conclusion. But other than that elephant in the room, input costs are not forecast to have any huge swings in 2019. Global wages will continue their inexorable rise, but commodities prices are mixed, with falling oil prices and a glut in the leather market offset by rising steel prices and a supply constrained wool market. Sub-$1 cotton prices are projected to remain that way on ... Log in to view full article.