Issues in the Brief
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.
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.
The Job Market Hits a Fork in the Road
With the labor force participation rate at generational lows, decelerating productivity growth and 2.5 million Americans seeking work for at least six months, the long-term labor market dynamic is problematic. Nonetheless, steady payroll gains seem to be the sole factor currently propelling U.S. growth.
The Patent Box: Innovative Idea or Another Tax Complication?
With the new Congress in full swing and the Senate’s tax reform working groups getting ready to report their findings, there has been growing chatter about patent boxes, an incentive used by many of our trading partners to attract research and development, manufacturing, and high-skilled jobs.
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.
U.S. Industrial Outlook: Growth Decelerates in 2015
Several shocks have lowered manufacturing growth potential this year — a severe winter, strong dollar, declining energy exploration and excessive inventories. The corrections will hold down 2015 growth. Fortunately, the housing and aerospace supply chains are ramping up and strong employment growth will underpin economic performance. We forecast manufacturing production growth of 2.5% in 2015, 4.0% in 2016 and 3.1% in 2017.
Meet the Fluid Power Vehicle Challenge Teams – Part 3
Article By: Mary Pluta Programs like the Fluid Power Vehicle Challenge are made possible in part by the generous support of industry volunteers as well as NFPA Education and Technology Foundation, Pascal Society, and Tom Wanke Legacy Fund donors. Support these efforts by making a donation. Twenty-three teams from universities around the country are getting ready to participate in…
Groundbreaking Attendance Records at IFPE and CONEXPO-CON/Agg 2023
As the largest trade show in North America, it is no surprise that IFPE & CONEXPO-CON/Agg continued to grow in exhibitors and attendees. This year’s show reached a new high, attracting over 139,000 attendees from around the world. IFPE 2023 showcased the fluid power industry and featured many new innovative and cutting-edge fluid power technologies as…
Catching Up With NFPA Robotics Challenge Scholarship Winners; 2022 Winner Seeking Fluid Power Internship
By: Haley Nemeth The NFPA Education and Technology Foundation has awarded six scholarships to students through the Robotics Challenge Scholarship. The scholarship awards $30,000 ($7,500 per year for four years) to high school seniors who participate in a VEX, FIRST®, or NRL Robotics Competition Team and use pneumatics in the competition robot. The goal of…