Consumer Picture Worsens, Forecast Uncertain - Aug 18, 2023
Just when the consumer is needed to help lead the rebound, student loan debt repayment is restarting. Nearly 44 million people owe more than $1.6 trillion in federal student loans. The Biden administration has developed a plan to reduce the impact on student borrowers. But the loan repayment restart will hit many parents, who were excluded from the more generous repayment program option, forcing them to look for more work, longer hours and more pay.; PalletTrader CEO Believes
Pallet Demand Recovery Nears: While it is true that the destocking has reduced, we have yet to see demand pick up in any noticeable way. The next month or two will tell us exactly what the winter holiday season will look like.; NEWS IN BRIEF: The White & Company Annual Pallet and Unit Load Design short course is almost full.; OSHA has issued an alert on heat hazards in the workplace due to extreme temperatures across the country.; A pallet market survey has predicted that the industry around the world will reach $130.5 billion in size by 2032.
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