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Economy


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Page 13 of 40 pages.
Global forklift market to grow by nearly 7% through 2021
Valued at $35.3 billion in 2014, the market is projected to expand to $55.9 billion in five years.

Global motion control shipments grew 10.3% in 2016
Market rebounds considerably over 2015's down year, with large segments posting double-digit growth.

Other Voices: Resuscitating the manufacturing industry with an infusion of fresh blood
The next generation of manufacturing professionals will not find and fill the industry's jobs without impassioned effort from the old guard.

CEMA reports December booked orders up 10.2% over December 2015
December booked orders up nearly 50% from November 2016.

NRF calls for 3.7 to 4.2 percent annual increase for 2017 retail sales
The NRF is calling for 2017 online and other non-store/online sales (which NRF includes in its over all number) to head up between 8 and 12 percent.

January starts 2017 manufacturing levels off on the right foot, reports ISM
The January PMI, the index used by the ISM to measure growth, was up 1.5 percent over December by 1.5 percent at 56.0 (a reading of 50 or higher indicates growth) and its highest reading since November 2014’s 57.6.

Association for Advancing Automation (A3) launches trade association in Mexico
A3 Mexico to support the robotics and automation industry in a fast-growing market.

Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2017
Economic improvement, renewed business confidence and business-friendly policy changes support positive investment momentum.

Infosys study: AI adoption driving revenue growth for businesses
Artificial intelligence adopters must prioritize leadership of workforce implications.

Survey results reveal Manufacturing Day events boost public perception of manufacturing industry
Survey finds 89% of students were more aware of manufacturing jobs in their communities after Manufacturing Day.

A3 announces 2017 Business Forum and record-breaking industry results
Association for Advancing Automation presents data from daughter organizations Robotic Industries Association (RIA), Motion Control and Motor Association (MCMA) and Automated Imaging Association (AIA).

New report highlights the opportunities and risks in the ongoing digital transformation
IDC releases predictions that suggest manufacturers slow to adapt will not survive, but leaders will also face a new set of challenges.

Equipment leasing and finance industry confidence spikes post-election
Since November, 14% more executives -- nearly half of those surveyed -- expect economic conditions to improve in the next four months.

November retail sales see modest sequential gains and stronger annual increase
Commerce reported that November retail sales were up 0.1% over October, following a 0.6 percent increase from September to October, at $465.5 billion.

CEMA reports October booked orders down 19.8% from October 2015
Sales soften following record billings.


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