The number 21 is usually good, right? In blackjack, 21
means you win. In life, 21 means you’re officially adult enough to buy alcohol, gamble in a casino or purchase a handgun (In the United States, at least). In military ceremonies, a 21-gun salute is an honor reserved for dignitaries or heads of state.
Often in life we're forced to make decisions with too little information. Phone's dead and you don't have access to GPS? Lost the instructions for assembling that new gas grill? Don't have the recipe for your favorite dessert? “No problem," I often tell my wife or my kids, "I'll just use the Force."
As the founder, president and co-host of Manufacturing Talk Radio, as well as
publisher of Metals & Manufacturing Outlook eZine, I am excited to report that the economic outlook for 2018 is just too good not to tout. Whatever "final GDP number" the government divines for 2017, the year will finish above 3% for the first time in a decade.
At the mid-year point of 2017, it appears that the U.S. economy, and the manufacturing sector in particular, are gradually accelerating, with most markets seeing an upside breakout from the flat or down conditions of 2015 and 2016.
Gear Technology’s annual State-of-
the-Gear-Industry survey polls gear manufacturers about the latest trends and opinions relating to the overall health of the gear industry. As in years
past, the survey was conducted anonymously, with invitations sent by e-mail to gear manufacturing companies
around the world.
If you are like most navigators of the printed page, the first thing you read in this final 2013 issue of Gear Technology was our State of the Gear
Industry Survey. And who would blame you? It’s not Sabermetrics, but once you’ve read it you’ll have a pretty
clear snapshot of last year and a peek
into the next. But if you also like to get a little closer to the bone about things, what follows are the collected opinions of five well-regarded people in the gear industry speaking to a number of issues with relevance.
Following is a report from The Manufacturers Alliance for Productivity and Innovation (MAPI). Founded in 1933, the alliance contributes to the competitiveness of U.S. manufacturing by providing economic research, professional development, and an independent, expert source of manufacturing information.
Over the past few months we've talked with a lot of gear manufacturers. Many of them tell us business is strong, while others are struggling with reduced demand. The difference between them isn't so much in the quality of their manufacturing operations, but rather trends in the end markets they serve.
Trying to figure out what’s going on in this crazy economy of ours seems a bit like reading tea leaves—one part pseudoscience and three parts wild conjecture. Of course some pundits are telling us that this bull market has legs, while others insist that we’re due for a major correction. Some pump us up with positive news, while others remind us about scary stuff like the budget deficit, the European financial crisis and unemployment.