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March 14, 2013
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  MAPI Research and Insight 
  • U.S. outlook: A pickup likely in 2014
    Daniel J. Meckstroth, Ph.D., vice president and chief economist
    MAPI believes that the fourth quarter decline in economic activity is not the beginning of another recession or a harbinger of one. On the contrary, the end-of-year weakness was a correction in production to temporary surges in the third quarter. This quarterly report provides a detailed look at the health of the domestic manufacturing sector and reviews the performance of a selected group of its most important subsectors. The forecast is that manufacturing production will increase 2.2% in 2013 and 3.6% in 2014. Economic Outlook LinkedInFacebookTwitterEmail this Story
  • Upcoming webinar: 5 reasons your people aren't executing the business strategy
    Thursday, April 25, 1:00 p.m. Eastern
    If your colleagues are anything but emphatically focused on executing your business strategy, a broken and misaligned people system is at fault. To learn how the ability to capitalize on an existing strategy separates the winners from the losers in the marketplace, register now and join us for this fast-paced and entertaining webinar, which will include case studies from medium and large manufacturers. Webinar LinkedInFacebookTwitterEmail this Story
  • Central Europe's resilience
    Krzysztof Bledowski, Ph.D., senior economist
    The Great Recession of 2008-2009 hit the European economies hard, and the continent's incomplete recovery was interrupted by renewed weakness in early 2012. Just over a third of the EU member states found themselves in a second downturn and almost half of industrial economies met a technical definition of recession, i.e., two consecutive quarters of decline. Yet parts of Central Europe fared better than even Germany or Austria. Why did emerging economies, which in the past had been more susceptible to contagion during crises, turn out to be more resilient? Issues in Brief LinkedInFacebookTwitterEmail this Story
  MAPI Analysis and Citings 
  • February marks third month of growth for manufacturing
    The Institute for Supply Management's purchasing managers index for February was up to 54.2, compared with 53.1 in January, marking the third consecutive month of manufacturing growth and the fastest expansion pace in more than a year. Domestic demand was up for the second month in a row at 57.8, which is the highest level since April 2011, and production was up for the sixth consecutive month. "Some caution is appropriate, however," MAPI chief economist Daniel J. Meckstroth said. "February may be a euphoric period following the resolution of the fiscal cliff, but it precedes the headwinds of sequester and federal shutdown deadlines this month." Thomas Regional (3/6) LinkedInFacebookTwitterEmail this Story
  • Kennametal turns 75
    Kennametal is celebrating its 75th anniversary with a yearlong celebration that started this month. Since its beginnings in 1938, the company has grown to make nearly $3 billion in revenue with more than 80,000 customers spanning more than 60 countries and expanded its work to include the aerospace, earthworks, energy, industrial production and transportation industries. "Today, we consistently achieve 40% or more of sales each year from new products that offer customers at least 20% performance improvement," said Carlos Cardoso, Kennametal CEO and chair of MAPI's board of trustees. Metal-Powder.net (3/6) LinkedInFacebookTwitterEmail this Story
  In the Industry 
  • U.S. manufacturing technology orders post lower January numbers
    After finishing out 2012 strong, manufacturing technology orders in January came in at $370.62 million, down 12.2% from $422.33 million a year earlier, according to the Association for Manufacturing Technology's United States Manufacturing Technology Orders report. "While the manufacturing economy continues to be strong, we may see its growth undercut by fiscal uncertainty due to the impact from sequestration," AMT President Douglas K. Woods said. IndustryWeek (3/11) LinkedInFacebookTwitterEmail this Story
  • Study: Manufacturers will try to reduce costs by 1.5% this year
    U.S. manufacturers are looking to reduce the cost of goods sold by 1.5% this year by improving operations, optimizing supply-chain networks and using strategic sourcing, The Hackett Group reported in a new study. According to the study, manufacturers plan to take advantage of stabilizing GDP growth and boost their margins. Manufacturing.net (3/8) LinkedInFacebookTwitterEmail this Story
  • Using technology to manage your supply chain
    Companies should take advantage of technology to help them employ Spend Management, which allows supply-chain management from procurement to payment, writes Misty Farmer Koopman, CTSI-Global's marketing manager. She writes that companies should use technology that allows them to manage orders, optimize loads, select carriers, tender shipments, track progress, audit and pay bills online. Manufacturing Business Technology (3/12) LinkedInFacebookTwitterEmail this Story
  Leadership and Strategy 
  • How to build CMO-CFO cooperation
    There is a communications gap between chief financial officers and chief marketing officers, a recent study shows. According to the study, CFOs report receiving less marketing information from their CMOs than the marketing officer reported sharing. In this blog post, Gene Morphis and Kimberly A. Whitler look at this issue and present several steps these executives can take to improve communication between their departments. Harvard Business Review online/HBR blog network (3/6) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
The greatest way to live with honor in this world is to be what we pretend to be."
--Socrates,
Greek philosopher


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About MAPI
The Manufacturers Alliance for Productivity and Innovation, founded in 1933 and located in Arlington, VA, contributes to the competitiveness of U.S. manufacturing by providing economic research, professional development and an independent, expert source of manufacturing information. www.mapi.net
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