Chad Moutray, Chief Economist for the National Association of Manufacturers provides his update and insights on the manufacturing economy as it enters the second quarter with the looming headwinds of tariffs and possible inflation on the horizon. Will tariffs roil and roll the GDP back into the 2 percent something range, or will it be able to generate growth into the 3+ percent range?
Stay tuned as Norbert Ore – Norbert Ore, Director of Industry Surveys and Senior Correspondent with Manufacturing Talk Radio discusses the international industry surveys he follows in Europe, Asia, South America and Africa, as well as several important regional surveys around the U.S. which are always insightful and informative as the economy moves into the second quarter of 2018.
Here Are This Week’s Top Stories in Manufacturing
Uptake, a predictive analysis startup, just announced that they are going to buy Asset Performance Technology. While this may seem just one more acquisition in an endless series of tech acquisitions, the reality is that it can change the entire dynamics of the industrial industry. (Read More)
In what is being heralded as the beginning of a new era in architecture and enhanced manufacturing, MX3D, an innovative Dutch R&D startup, has unveiled the very first robotically 3D-printed stainless-steel bridge, opening the door to unlimited opportunities for engineers and architects. Three years ago, Amsterdam-based MX3D started working on this dream project and claimed that they would construct a steel bridge with 3D printing technology. Deemed almost impossible at the time, the bridge is now a reality. (Read More)
The Trump administration has decided to use several tariff acts to impose penalties on international trading partners in the name of national security and the pervasive trade imbalance between the U.S. and other nations. As is his practice, the President tweeted, “We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S.,” he wrote. “Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!” (Read More)
Women And Manufacturing
Host Linda Rigano welcomes Andrea “Andi” Funk to the show. A graduate of the Wharton School of Business and former CEO of Cambridge-Lee Industries, a globally renowned leader in the copper tubing industry, Ms. Funk brings her unique perspective as a highly accomplished woman in manufacturing to the show. Linda and Andrea discuss how to create a more positive image of manufacturing, helping women realize their leadership potential, reaching beyond the company into the community and how she stays humble and hungry.
Don’t miss our inside look into how the recent steel tariffs imposed by the Trump Administration are negatively affecting many manufacturers across the country. Listen to our series of interviews from expert industry analysts and small business owners that offer an in-depth look into the implication of these taxes. (Tariffs and Taxes)