When it comes to the U.S. economy, consumers are at the controls.
That may lead to unexpected swings in individual items, such as a rush on Beanie Babies or Baby Yoda dolls or PT Cruisers, but Plastics News economist Bill Wood notes that at least this year indications are that holiday retail sales will be strong. And that is important.
"If we are going to rely on consumers to to carry the economy for the next couple of quarters while the business sector shakes off their collective uncertainty and starts to increase investments in new plants and equipment again, then we need to see a strong holiday season," he writes in his overview of the economic outlook.
Which brings us to that adorable Baby Yoda. Or at least the toy version of "The Child" character from the new Star Wars Disney+ series "The Mandalorian," complete with a vinyl head and a plush body. (Now available for preorder: $24.99.)