October 13, 2015
In this post, we will explore what the economy has in store for the Forming & Fabricating industries and the trends that should impact business decisions among those in the industry.
Annual economic growth in the US, as measured by Industrial Production, has slowed substantially since reaching...
September 15, 2015
Europe isn’t getting the economic respect it deserves. Headlines tell us China is devaluing their currency; their currency is down about 2.6% against the US dollar since July. Neglected, is the approximately 2.3% decline in the euro versus the USD since July. Why the focus on China and not Europe...
August 25, 2015
A chain of events culminating with China’s recent currency devaluation and follow-on decline in commodity prices/share prices across the globe has created fear and consternation for decision makers. The view to the future is not as clear as it was a few days ago. A more detailed analysis of what is...
August 19, 2015
The Chinese devalued their currency a few days ago. The change in policy appears to be an attempt to stimulate China’s exports in light of the ongoing cyclical weakness in that economy. Two consequences to the currency change are 1) a stronger US dollar and 2) weaker oil prices. Neither consequence...
July 22, 2015
Top economists and fractional marketing execs combine resources to better serve CEOs.
Manchester NH, and Houston Texas - July 22, 2015. ITR Economics and Chief Outsiders, LLC, today announced a partnership beginning August 1, 2015 to help mid-sized companies grow their businesses faster. The...
July 20, 2015
Retail sales in June came in 2.9% higher than the year-ago level. This is the best year-over-year performance since January 2015. The May-to-June seasonal decline in retail sales activity (nominal dollars) was milder than each of the last three years. It was a good June. Automobile retail sales...
June 10, 2015
On May 15, the US Census Bureau released their annual revision to the New Orders data ITR Economics uses in EVPs, Reports, and our monthly publications. The resulting revision was one of the largest we have ever seen, and many sectors were dramatically affected. As an example of how severe this...
May 27, 2015
I read a recent article written by a former manufacturing executive in which he expressed his grave concerns over free trade agreements. He lays the following problems at the feet of free trade: massive trade deficit of over $10-$11 trillion; millions of good paying jobs have been lost (net);...
May 14, 2015
April retail sales came out and the numbers were weak (not seasonally adjusted and not adjusted for price changes). Data for all categories is not yet available but we can note the following:
The relative weakness was wide spread
Weakness took the form of year-over-year comparisons noticeably...
April 30, 2015
ITR Economics' CEO Brian Beaulieu recently gave the keynote presentation at PMPA’s (Precision Machined Products Association) Management Update Conference. At the conference, Brian provided the attendees with an 11-point list of objectives to ensure preparedness and success in 2015-2018. What did...