Evaluations from our recent meeting in Pasadena are in. Both presentations and the overall meeting were rated 3.9 on a scale of 1-5 with five being top score. This is down from 4.0 in West Palm Beach but up from 3.8 in Philadelphia.
Pentair is a Wall Street darling for exiting the tool industry remaking itself into a water products and services business. MAPI Purchasing Council member Brian Wong led the effort to integrate procurement departments from large acquisitions.
Following is an analysis from Daniel J. Meckstroth, Ph.D., vice president and chief economist for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the October 2015 industrial production report.
The U.S. global trade deficit in manufactures rose substantially in the third quarter and despite some moderation in Chinese trade, the gap between the two countries continues to widen, according to an analysis from the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation.
Increasing business confidence, consumer windfalls from falling fuel prices and rising lending activity are supporting Europe's rebound, but long-term challenges persist, especially surrounding the region's feeble potential growth rate.