ASA Members Use Industry 40 Thoughts to Determine Strategy and Budgets
Industry Forecasts Industry projections examine factors that will most significantly influence business decision-making in the future, helping ASA members develop strategies, multi-year plans and budgets accordingly. In 2021-31, slower real output growth is projected for goods-producing industries due to increasing automation and international competition, which should reduce employment demand. Services-providing industries such as postal service and retail trade may experience similar lower growth, but leisure, hospitality and information related industries such as museums, historical sites and similar institutions, performing arts companies as well as software- and computer-related businesses may experience faster output growth. ASA’s flagship forecast report is the One-Year


