Global industry overview: recovery to rotate towards consumer services

We have raised our global sector forecasts again this quarter and maintain a relatively upbeat outlook about the pace of the economic recovery. While recent Covid-related developments confirm that the pandemic is far from over, the economic data have continued to paint a positive picture. We project that the easing of restrictions across much of the world will prompt growth to rotate away from manufacturing, finance, and tech, and towards hard-hit consumer services such as travel and hospitality from Q2 2021.

We will be repeating the same webinar to cater for the difference in time zones between APAC, EMEA and the Americas:

  • APAC – Wednesday 9th June | 10:00 HKT
  • EMEA – Thursday 10th June| 10:00 GMT
  • Americas – Thursday 10th June| 16:00 EDT

Jeremy Leonard

Director of Global Industry Services

Jeremy Leonard

Director of Global Industry Services

Jeremy Leonard |Director of Global Industry Services

Jeremy Leonard is responsible for overseeing the work of the industry forecasting team and managing the operation and output of Oxford Economics’ 74-country, 100-sector Global Industry Model as well as related consultancy work. Jeremy’s knowledge and past experience span a broad range, including competitiveness and offshoring/reshoring, commodity price modelling, and applied economic research on sectors ranging from biotech to heavy manufacturing to telecoms.

Sean Metcalfe

Senior Economist

Sean Metcalfe

Senior Economist

Sean Metcalfe |Senior Economist

Sean is an Economist on the Industry team, where he works on various consultancy projects and carries out sectoral forecasts for basic metals and metal products. Prior to joining Oxford Economics, Sean spent two years working for RBB Economics as a competition economist. At RBB he was involved in the economic assessment of competition cases across a range of industries.

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