The slow U.S. economy is picking up steam as we head into an era with the promise of lower household and corporate tax rates, employment security and consumers spending. While the country is divided over politics, it appears the next administration is being handed a growing economy.
Treading very diplomatically here, I think most people would agree with this pretty generic sentence: Whether or not you’re pleased with yesterday’s results, there is no question that supply chain will likely experience some impact.
Despite net sales increasing 31% to $32.7 billion in the third quarter and operating income up 41.6% to $575 million, there was a sense of disappointment from many folks as Amazon missed earnings per shares expectations of 78 cents, coming in at 52 cents instead.