A world economic scene characterized by sharp divides in growth and volatile markets. The most pronounced of the economic performance divides is between the U.S.—and just about everywhere else. U.S. activity is hardly booming.
Pentair is a Wall Street darling for exiting the tool industry remaking itself into a water products and services business. Brian Wong led the effort to integrate procurement departments from large acquisitions.
Chief Economist Dan Meckstroth discusses the overall outlook for the U.S. economy, with particular emphasis on the manufacturing sector, for the remainder of 2015 and 2016. He highlights manufacturing’s growth drivers and challenges and provide his initial forecast for the five-year horizon.
Inventory is often considered the most valuable category of assets on manufacturers’ books. Since it has its downsides—tying up large amounts of cash and sometimes diminishing in value—it is common practice to minimize inventory as much as possible without hurting customer service levels.