According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]
Posted in Adhesives & Sealants Industry, November 2022 With the increase in interest in sustainable materials and manufacturing, there will be a significant opportunity for U.S. manufacturers that use common sense, good manufacturing practices. In fact, because manufacturers have realized that it is far less environmentally friendly and energy [...]
Reprinted with permission from GLOBAL REPORT CONSTRUCTION EQUIPMENT & TECHNOLOGY 2022 Supply chain complications are more than just an inconvenience to the construction equipment manufacturing industry. Successfully navigating the supply chain has never been more essential to the financial health of our industry and the difficulties involved are creating [...]
