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October 5, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
  • U.S. factory orders plunge 5.2%
    Registering the biggest drop in more than three years, U.S. factory orders for August were down 5.2%, dragged lower by sharp declines in demand for aircraft and cars. "Uncertainty regarding the election, the fiscal cliff and the debt ceiling may be keeping firms more cautious and less likely to increase capital spending," said Scott J. Brown, chief economist at Raymond James & Associates. The Wall Street Journal (10/4) LinkedInFacebookTwitterEmail this Story
  Industry Buzz 
  Economic Indicators 
  • U.S. unemployment claims creep up
    Only tepid U.S. job growth is evident in the latest figure for initial claims for unemployment benefits. The 367,000 claims recorded last week were up from 363,000 the previous week, supporting forecasts that the U.S. jobless rate for September is likely to register near the 8.1% reported for August. Los Angeles Times (tiered subscription model) (10/4) LinkedInFacebookTwitterEmail this Story
  Inside & Out 
  • Keys for boosting innovation at your company
    If you want to make your organization more innovative, it's important to be confident and to find ways to make the most of limited resources, Brenna Sniderman writes. "It can be something as simple as automating a process that used to go through multiple steps (and multiple layers of bureaucracy) or an incremental improvement in IT," she writes. The most innovative companies also understand the value of spending on research and development, she notes. Forbes (10/2) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  OPEI News 
  • EPA to speak at GIE+EXPO
    On behalf of OPEI, we are delighted to announce Glenn Passavant and Philip Carlson, EPA Office of Transportation and Air Quality, as featured speakers on Oct. 26. Glenn and Philip will be featured speakers at our 10 a.m. Workshop, to be held in Room C-202, at the Kentucky Exposition Center. They will be speaking on topics of immediate interest and importance to the OPE industry. There will be time allowed for open Q-and-A at the end of the presentation. LinkedInFacebookTwitterEmail this Story
  • CPSC to speak at GIE+EXPO
    On behalf of OPEI, we are delighted to announce Janet Buyer, CPSC Division of Combustion and Fire Sciences, Directorate for Engineering Sciences, as a featured speaker on Oct. 26. Buyer will be a featured speaker at our 1 p.m. Workshop, to be held in Room C-202, at the Kentucky Exposition. Buyer will make a presentation on the CPSC’s recently released staff report "Technology Demonstration of a Prototype Low Carbon Emission Portable Generator." LinkedInFacebookTwitterEmail this Story
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The lure of the distant and the difficult is deceptive. The great opportunity is where you are."
--John Burroughs,
American naturalist and essayist

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