Issues in the Brief
The Robot Revolution
Robots are advancing in capacity and use but will really take off when their power to generalize knowledge becomes a reality.
U.S. Trade Deficit in Manufactures Soars in August
Ernie Preeg, senior adviser for international trade and finance, analyzes the international trade statistics for August. He estimates the rise in the deficit amounts to a trade-related loss of approximately 400,000 American manufacturing jobs thus far in 2015.
Multiple Speeds in Europe’s Recovery
Regional growth differences persist in Europe, although they are now more pronounced in industrial sectors than in the economy as a whole. Three groups of countries populate the distribution of GDP: a large cluster of emerging economies—the Czech Republic, Poland, Romania, and half a dozen other countries—are growing at rates above 3% (the first three are growing faster than 4%).
U.S. Industrial Outlook, September 2015
Manufacturing industrial production rose at a 1.2% annual rate in the second quarter of 2015—a meager recovery from the weather-depressed 0.7% decline in the first quarter.
Manufacturing Activity: September 2015
In this video, Don notes that overall manufacturing production in the United States is bouncing up and down from month to month. In August, the automobile industry suffered the biggest drop in production and the overall sector lost 17,000 jobs — the first employment decline in two years.
European Economic Outlook: Manufacturing Recovery Stalls but Consumers Earn More, Spend More
Europe’s recovery may be slow, but production of consumer goods is accelerating. Within manufacturing, employment, hours worked and gross wages are all increasing. Meanwhile, consumer confidence is showing weakness and capital formation has stalled amid fears of instability.
Take Advantage of the Market Information Available to You as an NFPA Member
Need a refresher on what market information is available to you as an NFPA member? Meet with NFPA’s Economic and Statistical Services Manager, Sam Diedrich, for an overview and Q&A. NFPA provides members with a variety of report types, sources, and insights to best understand trends and outlooks in the fluid power industry. Below are…
New! NFPA Apparel Available for Purchase By Members
NFPA now has member apparel available for purchase, just in time for the Industry & Economic Outlook Conference! Visit our shop to view the different styles and colors available. Save 15% off your purchase of apparel when you register for the IEOC! For questions, please contact Allison Forsythe at firstname.lastname@example.org
Preview 2023 IEOC Speaker Lineup
2023 Industry & Economic Outlook Conference August 15-16, 2023 Register for IEOC NFPA’s 2023 Industry and Economic Outlook Conference is slated to offer an enriching experience to connect with key industry players as well as learn from some of the brightest minds in economics. Learn about industry forecasts, geopolitical trends, the global marketplace and more from…