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McKinsey finds consumer sentiment in China continues to slump, driven by last year's collapse in property transactions, 5% decline in exports, double-digit youth unemployment, and zero growth in fixed asset investment by privately owned companies

McKinsey: Retail value of US dairy grew 7% from 2022 to 2023, mostly driven by pricing though future growth is expected to be driven by volume; dairy expected to grow 4% annually from 2024 to 2027, with cheese and yogurt seeing most growth

Rally House, a sporting apparel, accessory and decor retailer, surpasses 200 stores, doubling store count in just over two years; news comes as 90% of sporting goods executives anticipate sales, margins to improve or remain stable this year, per McKinsey

McKinsey: Geopolitical risk is a major concern for business leaders, but they often struggle with implementation across organizations; consequential events include US-China competition, conflict in Middle East and Europe, AI reshaping business and society

McKinsey: US faces skilled labor shortage in construction, manufacturing and other trades, as demand for these jobs is expected to rise over next decade, driven by infrastructure needs, boom in real estate redevelopment and renewable energy investments

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