Articles About economy
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By most measures, and according to most observers, the manufacturing economy continues to hum along. U.S. manufacturing has been in growth mode for several years, although the rate of growth has slowed, and most are predicting that it will continue to slow throughout 2019.
Welcome to the first installment of Market Update - a by-the-numbers, in-the-now snapshot of industrial markets worldwide, along with some prognostication to assist in planning your next moves - when to hold â˜em, when to fold â˜em, etc. Look for Market Update in future issues.
Our April 2012 launch of this column highlighted several key themes; we will re-state each and highlight developments, relying on our monitoring of 75 key global industrial companies and ongoing fieldwork.
Brian K. Langenberg explains what's likely to happen in the economy over the coming months.
The S&P 500 has rallied six percent since our last review...here's analyst Brian Langenberg's take on what's next for the industrial economy.
Third-quarter earnings confirmed the worst-case scenario â” plunging oil prices are whacking almost the entire industrial sector. The theme is hardly new, as the pattern of our headlines has revealed over the past fifteen or so months:
We have just returned from the Electrical Products Group Conference in Sarasota, Florida. This is our favorite venue because it allows us to speak with the CEOs of nearly 25 global industrial companies that include General Electric, United Technologies, Honeywell, ABB and Emerson, with combined revenue of perhaps $500 billion.
For several months, many economists have been using the âœRâ word when it comes to manufacturing. They say weâ™ve been in a global manufacturing recession since some time in the fourth quarter of last year.
Third-quarter earnings are confirming the worst-case scenario, i.e. â” not only are energy related end markets in a downturn, but conditions continue to worsen.
Over the past several months, members of our staff have traveled quite a bit, and we've had a lot of opportunities to gauge their confidence. And while nobody is overwhelmingly enthusiastic - nobody has told us this is their best year ever - almost everyone seems at least content with the stability that slow and steady growth provides.
I've always been a big fan of thunderstorms. I especially enjoy that quiet moment of anticipation right after you see a flash of lightning. There's a tension in the air, a sense of excitement. You know what's coming, and you wait for it...I feel like we're in that moment, right now. We're waiting for the boom.
The best growth market, perhaps in spite of ourselves, is the United States.
Our âœBatten Down The Hatchesâ call proved timely as the market sold off by about (10 percent) before staging a partial recovery
With two armed conflicts underway impacting economic performance in Eastern Europe and the Middle East, we continue our investment stance of âœBuy on the Sound of Cannons â” Selectivelyâ â” but readers of Power Transmission Engineering should not be sanguine. Geopolitics is beginning to exert significant pressure on several end markets: I specifically refer to oil price. West Texas Intermediate or WTI has dropped from its $95-105 trading range in late spring to about $75 â” about a (25%) drop despite wo ongoing conflicts because of excess supply.
The glass is at least half-full—and there is no hole in the glass. While fiscal cliff disaster is a possibility, weâ™re thinking more fiscal pothole.
Columnist Brian K. Langenberg surveys the industrial economic landscape to let you know what is up, what is down, and what is coming next.
Columnist Brian Langenberg provides a current outlook update, key findings from a recent energy sector conference, and takes another look at education and employment.
Washington political dysfunction is not as bad as we feared. It is worse.
Since our last appearance in this space we've attended the Paris Air Show and met with companies involved in oil production, hydraulic fracturing and wind turbine towers and components. As an investment analyst I am always seeking to help my clients anticipate change in order to manage risk and capture alpha (positive returns relative to market). But as a regular columnist for Power Transmission Engineering, I also seek insights that can help your organization do the same. Here is what we've found...
Global economic demand remains solid - even if you couldn't tell by recent third-quarter results and despite all efforts by U.S. politicians of both political parties. Let's go through what happened and what is coming.
Our last installment called out the likely headwinds from both the C.R.A.P. currencies (Canada, Russia, Australia and Latin America) and also weather impact. As companies start reporting in the coming weeks, expect first quarter results to be mildly impacted. This issue we take a closer look at China.
Global economic activity remains good -- noise about China slowing, notwithstanding -- and despite the ObamaCare debacle, non-Christmas-related consumer spending looks pretty good. Europe is still Europe and China continues to grow 7-8 percent -- even as the government seeks to clamp down on its own shadow banking system. And India remains a mess.
Today, better fuel economy is a main objective in the automotive development process. It remains top-of-mind with the auto industry and consumers because of costs and environmental impacts. Because the industry’s average fuel-economy standard is required to increase by 40 percent by 2020, manufacturers and engineers are working to develop fuel-efficient, environmentally friendly and reliable designs for vehicles.
Excellence Awards Competition, sponsored by the Metal Powder Industries Federation, were recently announced at the POWDERMET2015 International Conference on Powder Metallurgy & Particulate Materials. Receiving grand prizes and awards of distinction, the winning parts are examples of PMâ™s precision, performance, complexity, economy, innovation and sustainability. The winning parts show how customers from around the world are taking advantage of PMâ™s design advantages.
At SKF, we believe in the longterm development of the U.S. industrial economy. The reindustrialization is supported by a strong university-based research network, a competitive workforce and energy supply from domestic energy resources. However, there are still challenges, particularly regarding the availability of skilled labor. Business, education and governments have a responsibility to work together to ensure this is not the bottleneck in U.S. industrial development. I am particularly pleased with and support the work the National Association of Manufacturers is doing in this area.
In todayâ™s increasingly competitive global economy, industries and the companies that serve them are always looking for an edge. Price and quality being routinely accepted as a given, businessesâ”large and smallâ”are always looking for a little help. For the worldwide bearing industry, that help exists in the form of the Bearing Specialists of America (BSA).
In order for a company to be as efficient as possible, production, inventory and distribution components must be a top priority. A focused supply chain that gets the right materials to the right places in the allotted time frame encourages repeat business. These are concepts somewhat overlooked by many business executives in todayâ™s economy.
The new energy economy is making some headway in the manufacturing community. Organizations are coming up with creative strategies to convert old industrial plants into green manufacturing hubs or simply cost-effective renovation projects. Itâ™s another sign that the country is taking sustainability and environmental awareness seriously.
Regardless of where you do business, when discussing, analyzing or worrying about âœThe Economyâ these days, youâ™re not thinking Main Street - youâ™re thinking global. With that stipulation, it is also accepted wisdom that quality products and sharp pencils are not enough to be and remain competitive. Accordingly, everyone is looking for an edge, an advantage, in order to beat back - or at least keep up with - the competition.
News Items About economy
1 Survey States Manufacturers Still Pessimistic About Economy (September 10, 2010)
Business leaders in the manufacturing space are pessimistic, with only a third (33 percent) expecting the U.S. economy to improve in the ...
2 Atlanta Drive Systems Introduces Economy Planetary Reducers (July 13, 2017)
Atlanta Drive Systems, Inc. announces a new range of Economy Planetary Reducers, offering good performance with an economical price level...