Simon-Kucher Study Finds Overwhelming Number of American Consumers Struggling to Navigate the Inflationary Economic Environment
New segments are emerging and bank customers are exhibiting the need for more financial guidance and resourcesNEW YORK, February 2, 2023 – Simon-Kucher, a global strategy and marketing consultancy, today released results from its Retail Banking Consumer Sentiments Study examining the state of consumer opinion about the economic environment in the US. Inflation remains high at 6.5% annually, economic growth is slowing, and financial institutions are bracing for a recession.
The Simon-Kucher study found an overwhelming majority (59%) of Americans identifying themselves as feeling
Elkem has decided to partially curtail its production at Bremanger in Norway by temporarily shutting down one furnace. This is due to lower silicon sales and high power prices. The decision will have no impact on customers or employees.Elkem’s plant in Bremanger manufactures metallurgic silicon-based products for the world market. For iron foundries, the plant has specialised in the manufacture of specialty inoculants and ferrosilicon.
The furnace is expected to remain shut for about six weeks. Elkem’s previously announced curtailment at Thamshavn has now been reversed, while Rana is
