companies persevered through the post-COVID-19 pandemic downturn, banking on the resilience of the high-end consumer and investing in growing markets likeWellnessindustry leaders have worked their way around rising shipping costs due to the disruptions in the Suez Canal, President-elect Donald Trump’s futuremay very well be the next storm to pass. With his Jan. 20 inauguration on the horizon, industry watchers are bracing themselves for tariff increases on all goods entering the U.S.
“Financing issues also significantly decreased in level of concern for 2025, as interest rates decline and inflation wanes. While 15 percent of firm leaders rated client challenges in the availability of project financing and higher interest rates as a top concern for 2024, just 7 percent selected it for 2025,” the report said.
According to Freddie Mac’s Jan 2 report, 30-year fixed mortgage rates in the U.S. hovered at 6.91 percent, compared to 3.72 percent on the same date in 2020.