COVID-19 Economic Impact Resource Spotlight: Wells Fargo

Wells Fargo, a provider of banking, mortgage, investing, credit card, and personal, small business, and commercial financial services, hosts a large selection of macro-economic reports, video recordings, and PPTs that provide domestic and international economic commentary addressing the economic impact of COVID-19 within its “Economic Commentary” resource page.

One of the resources that is particularly relevant to NFPA members with an interest in the macro-economic viewpoint is the “Monthly Macro Manual.”  Released every month, this collection of slides addresses how the domestic and global economies have evolved from the previous month with key takeaway observations, a variety of economy outlook updates, upside/downside scenarios, and “topic of the month” & “what to watch in the month ahead” commentary.

With a focus on macro-economic indicators such as GDP, Industrial Production, Capacity Utilization, Housing Starts, and many more, every outlook slide regarding these indicators not only forecasts the current year and next year ahead, but also identifies the percentage growth/decline from the previous month.

[panel style=”box”]As the leading source of fluid power market information in the U.S., NFPA offers a variety of resources related to COVID-19’s impact on our industry and the global economy to assist our members in planning their next move. However, there are a number of other valuable COVID-19 economic impact resources available to the public. The “COVID-19 Economic Impact Resource Spotlight” series in the weekly NFPA News will identify those most relevant to NFPA members.

Questions and inquiries about COVID-19 Economic Impact Resources can be directed to Eric Armstrong at earmstrong@nfpa.com or (414) 778-3372.[/panel]

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