MAPI –– Manufacturers Alliance News and Reports –– Quarterly Economic Forecast and More

A weekly round-up of the MAPI resources available to NFPA members through NFPA’s membership in MAPI.

Issues in the Brief

Rebuild, Renew: Possibilities for Industrial Infrastructure
Last week, I had the pleasure of sharing the stage at the 2015 MAPI Executive Summit with Park Industries EVP/COO Joan Schatz and Astec President Malcolm Swanson. During our panel discussion about investing in manufacturing’s future, we shared best practices with a group of 175 manufacturing executives.

No Spring Thaw for U.S. Manufacturing (Yet)
Anybody who was hoping for a cheerful spring revival in the U.S. manufacturing sector had to have been disappointed by the April report on industrial production.

U.S. Trade Deficit in Manufactures Up by 30%
The combination of the first quarter’s huge increase in the U.S. deficit and the higher dollar’s adverse impact on price-sensitive manufactures presents a grim outlook for U.S. manufacturing production and jobs for 2015.

EEOC Proposes Rules for Employer Wellness Programs
On April 20, 2015, the Equal Employment Opportunity Commission (EEOC) issued for public comment proposed rules under the Americans with Disabilities Act (ADA) that provide guidance to employers on wellness programs for employees.

How Important Is an EU Capital Markets Union to MAPI Companies?
The Great Recession caused significant damage to the developed economies on both sides of the Atlantic. Yet whereas the American economy rebounded early if not very quickly, Europe’s recovery proceeded in fits and starts.

The Future of Work
Fifty years ago, on a trip to China, the renowned Chicago economist Milton Friedman was shown some of the country’s noteworthy public works programs in which hundreds of laborers were digging a canal with shovels.

 

Economic Update

Manufacturing Activity: April 2015
During the first quarter of 2015, U.S. manufacturing suffered its first output contraction since the Great Recession. American factories are confronting numerous headwinds, including diminished export competitiveness as a result of the rising dollar.

Latin America’s Outlook: Adjusting to Less Favorable External Conditions
Three factors are behind Latin America’s depressed business environment: lower commodity prices, corruption scandals in numerous countries and concerns about financial stability arising from massive capital outflows.

Quarterly Economic Forecast: Oil, Gas, Dollar, Consumers All Factors
In Chief Economist Dan Meckstroth’s review of the MAPI Foundation’s latest forecast, he explains the reasons for the less optimistic outlook for U.S. manufacturing, including the strong dollar and the collapse in energy prices.

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