Brands barbie, fisher price and moi, that is mattel to find out how his company s fortunes are being revived. Wherever you are joining around the world, once again hello and welcome to the programme. It is a billion dollar industry driven by creativity and innovation with a global reach and a diverse market. The toy industry is forecast to reach $302 billion in sales by 2030 and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we have seen in decades have created challenging conditions for manufacturers and retailers and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, big name companies reported sales have started to slip back once again. Let s look at some of those numbers. Local toy sales reached $108. 7 billion in 2023, a 2% drop compared to 2022 with toy companies calling it a normalisation process after that exceptional growth linked to the pandemic. But acr
weaknesses to warranted. there are still some weaknesses to the warranted. there are still some weaknesses to the labour - warranted. there are still some i weaknesses to the labour market and these are a concern and a pandemic may not be god. if a new variant comes along that is a real problem. find new variant comes along that is a real problem. a real problem. and what does this mean a real problem. and what does this mean for a real problem. and what does this mean for main a real problem. and what does this mean for main street? - this mean for main street? higher borrowing cost will make loans more expensive and if that slows inflation, however, the thinking is that that will help everyone. still, the central bank s focus on inflation does seem to have unnerved wall street with the us market falling sharply. and thatis us market falling sharply. and that is michelle. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme, scott
supply chains, everything from shoes to dealing with computer chips, they are out sick, not working. it is changing. economy is changing, the us has to stay ahead of the curve, thatis us has to stay ahead of the curve, that is why i introduced the interchangeability, i introduced the build back better initiative. the washington post. build back better initiative. the washington post. build back better initiative. the washinuton post. , ., ., washington post. there you are. on iran, how washington post. there you are. on lran. how will washington post. there you are. on iran, how will you washington post. there you are. on iran, how will you determine - washington post. there you are. on. iran, how will you determine whether the irahiahs iran, how will you determine whether the iranians are serious about rejoining the iranians are serious about rejoining the nuclear talks as they have indicated they will do by the end of have indicated they will do by the end of november, at w