Summertime blues

Although I am an avid newspaper reader, it is hard to embrace much of what I am reading on the front page these days, especially when it comes to news regarding 400 point stock market declines. Some days, of course, the headlines have pointed to gains of similar amounts, too. But with these ups and downs, the only consistent thing we are seeing is just how inconsistent things are. This, of course, does not pertain to just what the market is doing; it also has to do with the big picture.

By ·

Although I am an avid newspaper reader, it is hard to embrace much of what I am reading on the front page these days, especially when it comes to news regarding 400 point stock market declines.

Some days, of course, the headlines have pointed to gains of similar amounts, too. But with these ups and downs, the only consistent thing we are seeing is just how inconsistent things are. This, of course, does not pertain to just what the market is doing; it also has to do with the big picture.

This, as we all know, is a picture that is getting messier all the time. I am not sure how else to describe what is going on, nor all people that have been following the economy far longer than I have.

One consistent theme when it comes to figuring out the economy is that we have not seen this level of uneasiness perhaps ever. One can easily make the case we are living in unprecedented times in terms of what we are witnessing and have the displeasure of dealing with to a large degree.

Look at unemployment. I am sure we all know someone that is out of work and struggling to make ends meet. These people are likely qualified and would be an asset to the companies they are sending resumes to, but more often than not they are getting turned away for myriad reasons.

These reasons vary from economic malaise to companies keeping their money on the sidelines to not knowing what is coming around the corner.

Again, more signs of unprecedented times.

What we are seeing today is a tough story to tell, whether you are working or not. It seems like we all know what the problems are. But when it comes to fixing them, the solutions are either not doing enough to jumpstart things or they are lacking in scale and delivery.

Chances are, you know this already, but in my opinion it bears repeating. At the same time, I don’t want to be a “downer,” because I know how great our nation has been in the past and have every confidence we will return to greatness once again.

Until then, all we can do is continue to work hard and take things one day at a time.


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Economy · Employment · Finance · All Topics
Latest Whitepaper
Partnering for Supply Chain Success with FRAM Group and True Value
Disruptive forces such as new technology, changing regulations, talent shortages, and infrastructure bottlenecks continue to be the prime focus for supply chain executives and managers.
Download Today!
From the March 2017 Issue
WMS vendors are stepping up to the plate and developing functionalities and solutions that meet the complex needs of today’s companies. Our top analysts take a peek into these developments and discuss the DC of the future and the software that will support it.
5 Supply Chain Trends Happening Now
2017 Warehouse/DC Equipment Survey: Investment up as service pressures rise
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2017 Trucking Regulations & Infrastructure Update
In this session our panel brings shippers up to date on the state of transportation regulations. Discussion will revolve around regulatory reform, aspects of the federal highway bill and what the transportation landscape looks like in the early days of the Trump administration.
Register Today!
EDITORS' PICKS
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...

2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...