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Industrial Economics

I made two public interventions recently, in two very different scenarios.First, I engaged with undergraduate students of American University’s Kogod School of Business. As a special guest speaker, I listened to their case study on Europe’s recessions, provided my critical comments, and then...
Dan Meckstroth, MAPI Foundation vice president and chief economist, reviews the most recent manufacturing data on industrial activity. Indicators for industrial production, capacity utilization, orders for capital goods, and manufacturing employment paint a picture of positive but moderating growth...
Oil Demand: The Other Side of the EquationNeed to Know . . .The rise in U.S. oil production since 2008 has contributed to the dramatic fall in the price of oil since June 2014Slower growth of oil consumption due to a slowdown in world economic growth and increased energy efficiency is just as...
The MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, released its quarterly economic forecast, predicting that inflation-adjusted gross domestic product will expand 2.8% in 2015 and 3.0% in 2016. Both are declines from the August report—of 3.0%...
Need to Know . . .The manufacturing sector entered the expansion phase of the business cycle during October 201411 of 25 manufacturing industries—accounting for nearly two-thirds of the sector's value-added—had October 2014 production levels equal to or greater than their pre-recession levelsThe...
U.S. Industrial Outlook: Widespread Growth AheadNeed to Know . . .Manufacturing production is forecast to grow 3.5% in 2015, 3.9% in 2016, and 3.1% in 2017Job gains are the core driver of economic growthInvestment growth drivers include natural gas infrastructure, the housing supply chain,...
Latin America Manufacturing OutlookMexico's Positive Cycle Contrasts With Brazil's Worrisome ProspectsNeed to Know . . .The MAPI Foundation manufacturing forecast for Latin America has been revised downward from our July 2014 report; we predict no growth in 2014 and a still shy 1.8% in 2015In 2014...
Here are key takeaways from discussions among mostly Italian CEOs, heads of industrial trade associations, and government officials culled from a two-day conference on “the next industrial revolution” held by Aspen Italia and Fiat Chrysler Automobiles in Turin, Italy. I participated as one of the...
Strong growth in jobs plus replacement demand for equipment from businesses will provide a stable base for overall economic growth, according to a new report.The MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, released its quarterly economic...
Cliff Waldman, Director of Economic Studies at the MAPI Foundation overviews the most recent manufacturing data on industrial activity. After contracting by 0.5 percent in August, U.S. manufacturing output growth rebounded by the same percent in September. Aerospace, computer and electronics, and...

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