January 2021

FROM RELATIONSHIPS TO RESULTS!

2020 YEAR IN REVIEW

Whew!  2020 is finally behind us and the hope that 2021 is a better year is profound.

Despite the adversity encountered in 2020, some of which follows us into 2021, it appears that many segments of the economy may have found a new equilibrium.  The new reality, for some, is reduced volume and a disrupted supply chain (particularly those dependent on Chinese manufacturers), while others have enjoyed significant volume increases.  Unfortunately, a few industry segments have yet to reach bottom and continue to face severe liquidity issues, especially hospitality, travel, retail, and real estate.  Will 2021 be more of the same?  The only thing of which we are certain is that 2021 is shaping up to be another unpredictable year.

Despite the rollercoaster ride that was 2020, we at FDP are proud to say that, thanks to our resilient and trusting clients, hard-working and talented staff, and loyal referral relationships, 2020 was, nevertheless, a good year for Fort Dearborn Partners and the clients we were able to serve.