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- OPEI helps sponsor industry event in Louisville, Ky.
The Outdoor Power Equipment Institute is one of three trade groups sponsoring the three-day Green Industry Equipment Expo at the Kentucky Exposition Center in Louisville, Ky. The event offers an opportunity for professionals in the lawn equipment and landscaping industry to interact and test new equipment and products. More than 22,000 people are expected to attend. The Courier-Journal (Louisville, Ky.)
(10/24)     
| Industry Buzz | | |
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| Economic Indicators | | |
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- U.S. factory activity gains, but outlook uncertain
In contrast with China and Europe, U.S. manufacturing in October was in the positive zone and rising with a flash Markit PMI of 51.3, up from 51.1 in September. But gains might not be sustained, with weakness showing in domestic and overseas orders alike. "Purchasing managers report that the key to the ongoing weakness remains uncertainty among customers in export markets, notably Europe and Asia," said Markit chief economist Chris Williamson. Reuters
(10/24)
| Inside & Out | | |
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- Lessons in management from the Boston Red Sox
If your top employees are underperforming, it's up to you to step in and put things right, argues S. Chris Edmonds, who examines the woes of the 2012 Boston Red Sox. "Don't assume the issues will go away; they don't. Address them proactively and engage team members in solutions they believe in," he advises. SmartBrief/SmartBlog on Leadership
(10/23)
- Take a tax deduction when your equipment stops working
You might be able to take tax deductions if you have to abandon assets or if you have suffered losses because of an "unexpected occurrence that renders your business property useless," Bonnie Lee writes. If you decide to abandon an asset such as a machine because it is no longer useful, you can't just set it aside, she notes. "The item must be destroyed, donated to charity or converted to personal use," she writes. Fox Business Small Business Center
(10/19)
| Policy Update | | |
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- Stimulus efforts will continue, Fed says
The Federal Reserve's Federal Open Market Committee said it will continue its stimulus efforts because the nation's economic recovery is too weak to significantly reduce unemployment without help. "The committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions," the committee said. The New York Times (tiered subscription model)
(10/24)
| OPEI News | | |
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Outdoor Power Report: A quarterly update for OPEI members
OPEI's quarterly summary of issues and activities is now available. Read the report.
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- Tuesday, October 23, 2012
- Monday, October 22, 2012
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