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As the founder, president and co-host of Manufacturing Talk Radio, as well as publisher of Metals & Manufacturing Outlook eZine, I am excited to report that the economic outlook for 2018 is just too good not to tout. Whatever "final GDP number" the government divines for 2017, the year will finish above 3% for the first time in a decade.
Hagen Hofmann of Hoefler presents his views on global trade, competition and the future of the gear industry.
The Millenium Outlook article in the January/February 2000 issue of Gear Technology explored the prevailing attitudes of the gear industry as it stands on the brink of the new millenium through the thoughts and words of some of the industry's leaders. The article also placed the gear industry within the framework of 20th Century history. Joe Arvin, President of Arrow Gear, was interviewed for this article and requested an opportunity to elaborate on his published comments.
Mission: Competing to Win Like a lot of people, I grew up seeing the world as fairly flat and believing that everything of importance happened in Texas. As I grew older, my outlook grew to include the United States, Canada, and Mexico. The rest of the world did not seem very important, if it existed at all. Unfortunately, I was not alone in this very narrow view. Many other in the gear business shared this perception.
under pressure from numerous market forces. The oil sector's decline, weakened global economies (particularly China) and local government policies outnumber and outweigh relieving forces such as the FAST Act, leaving the industry in a general downturn. The outlook has yet to become truly grim, but companies are beginning to scale back.
News Items About outlook
1 Solar Atmospheres Sees Optimistic Outlook for Titanium Market (November 16, 2010)
About 1,000 delegates from across the titanium industry heard an optimistic outlook from more than 100 experts on the titanium market, wh... Read News
2 ASQ 2016 Outlook Survey Reports on Quality Segment (December 24, 2015)
An increasing number of manufacturers now struggle to find qualified applicants for open positions, according to data from the ASQ 2016 M... Read News