Forecasting economic conditions over the next 12-24 months is difficult for many reasons. Perhaps most importantly, the paths of GDP growth, capital spending, the price of oil, etc., can be altered by unexpected “shocks” that, by their very definition, cannot be factored into current forecasts.
On Sunday, October 26, President Dilma Rousseff was re-elected after a ballotage that proved to be the tightest in Brazil’s history. President Rousseff obtained 51.6% of the vote versus the 48.3% received by the more business-friendly candidate, Aecio Neves.
Growth & Innovation, Research & Development, Research, Innovation, Operations, Continuous Improvement, Operational Excellence, Lean, Information Technology
Given the global reach of manufacturing and the intensifying policy focus that the factory sector has enjoyed in recent years, it is critical for the public, manufacturing executives, and governments to gain perspective on what some are dubbing a “new industrial revolution.
The euro has weakened about 7% against the greenback since the beginning of the year. Even though much of world trade is denominated in dollars, other bilateral exchange rates do matter for the Eurozone. How do these currencies stack up against the euro?
Crude oil exports were banned in 1973 in the era of the Arab Oil Embargo. Still, with falling production and increasing consumption, imports grew steadily and in 2008 they accounted for two-thirds of total petroleum consumption. Then something happened.
A nearly two-year upward trend experienced a hiccup according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate of the Manufacturers Allia
Vehicle miles traveled per capita is on the decline, in part because of employment, demographic, and lifestyle changes. MAPI forecasts automobile production of 16.8 million units in 2015 and 17.1 million units in 2016.