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Wage gains in the U.S. have not been accelerating much lately, on average. We think that will change over the next few quarters, based on increasing signs of wage gains among small businesses, which tend to lead overall wage trends.
As China shifts its focus away from manufacturing, the ASEAN region has the potential to enhance its role as a global manufacturing hub. We have studied the region’s demographic and wage/productivity trends to find which countries are best positioned to capitalize on this opportunity.
Examples of our short-term tactical markets research