A deterioration of trade relations with China could negatively affect the ICT component supply side and confront US end-consumers with higher sales prices.
- Margins remain under pressure despite sales growth
- No insolvency decrease expected in 2018
- Import tariffs potentially with adverse effects
As in 2016, in 2017 the US ICT market benefitted from stable economic growth and robust private consumption, helped once again by wage growth, employment gains and still lower energy prices. Consumer spending has averaged close to 3% over the past few years, and this positive trend should continue in the short-term.
Full article: Market Monitor ICT USA 2018