article thumbnail

Positive predictions amid all the uncertainty

Floor Covering News

Although there are adjustments to the pace of business on the horizon, rest assured America will remain a power player in the global economy for many years to come. While a number of factors have pushed oil prices above $125 a barrel, exacerbated by the Russia-Ukraine conflict (the United Nations says not to call it a war; sheesh!),

Ukraine 52
article thumbnail

Economics: ITR forecast signals return to ‘normalized’ growth

Floor Covering News

You can’t tell just by looking at the leading indices precisely when Russia invaded Ukraine,” Beaulieu said. And for 2026, we’re forecasting a macroeconomic recession, but nothing along the lines of a Great Depression. There was no, ‘Whoa, we have to wait and see how this all plays out. We’re just not going to spend any money.’