Resilient consumer demand expected to remain strong, benefiting industries like automotive and real estate

From Investing.com: 2024-08-16 16:18:00

Investing.com recently discussed the future of consumer-centric companies with Gauzy’s CEO, Eyal Peso. Despite expected economic slowdown, consumer demand is projected to stay strong. Peso sees high demand for automotive components, especially in the smart glass and ADAS areas. He also believes lower interest rates will benefit the real estate sector, boosting development and renovation projects. With a positive outlook on small and mid-cap companies like Gauzy, Peso expects continued growth in industries like air travel and EVs. Despite global tensions, companies can adapt to supply chain challenges for sustainable growth. Lower rates globally may lead to increased investment and expansion across various sectors.



Read more at Investing.com: Resilient Consumer Demand Should Continue to Defy Economic Woes in H2: Interview