Last updateTue, 25 Jun 2019 4pm


Long Term Economic and Construction Forecast is Fuzzy Beyond 2010

The Reed Construction Data forecast through 2010 is the near the consensus as we perceive it. For the economy, there will be burst of growth in the summer overflowing partially into the fall from recent federal pump priming and the resumption of expansion in the housing and manufacturing markets.  This will be followed by continuing but more sluggish growth next year.


Source: Reed Construction Data


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Federal Support for U.S. Manufacturing Strategy Urged

A group of manufacturing organizations led by Rockwell Automation today called on the federal government to dramatically increase funding for research and development, help develop a plan for green manufacturing, and enact changes in tax law to encourage automation and modernization of U.S. factories.


In addition to Rockwell, the group consisted of the Manufacturing Institute, a unit of the National Association of Manufacturers; the National Electrical Manufacturers Association; the Manufacturers Alliance/MAPI; and the American Council for an Energy-Efficient Economy.


Source: Managing Automation


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Manufacturing Coming Around, But At a Slow Pace: Study

The U.S. manufacturing sector may finally be on the mend after its worst performance since the Great Depression, but the recovery looks to be relatively sluggish, according to a study released Wednesday.


"Unfortunately there are no quick fixes, but time, the normal inventory cycle, and the repair of financial institutions have lessened the economic slide to a point where signs of stabilization have appeared," said Daniel Meckstroth, chief economist for the Manufacturers Alliance/MAPI and author of the report.


Source: MarketWatch


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Appeals Court Tells NAM to Name Names

A federal appeals court today upheld a main provision of the Democrats’ new ethics-reform law, requiring trade associations and secret lobbying coalitions to disclose the names of their members.


The U.S. Court of Appeals for the District of Columbia Circuit issued a decision rejecting a legal challenge by the National Association of Manufacturers and other business lobbying organizations. The industry’s lawsuit said trade groups have a First Amendment right not to make public the names of their member companies.


Source: Wall Street Journal


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Manufacturing on the Mend, NAM Says

The National Association of Manufacturers issued a cautiously optimistic prognosis for the U.S. economy and the manufacturing sector on the eve of the Labor Day weekend, based on signs of stabilization in a number of key areas.


Among the positive indications that a recovery is starting to sprout are improvements in the housing market, increased activity in European markets, and new orders for capital goods, the group’s “Labor Day 2009” report states. However, the NAM warned of the fragility of the recovery.


Source: Managing Automation


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