is all that anybody in the financial and business community can seem to talk about. After close to twenty years of almost no inflation threat there now seems to be a serious concern. The fact is that
core rates remain well below the target
that has been set by the Federal Reserve and even further below the levels the Fed discussed at the central bank get-together in August. The threat is still a future concern.
There was no sector of manufacturing that was as negatively affected by the pandemic protocols than aerospace. Travel restrictions all but eliminated international travel, tourist destinations were shuttered and the business community abandoned conferences and trade shows. It has been a bleak year but better news is ahead.
The export sector accounts for roughly 15% of the US GDP – a total of around $3.7 trillion. The US is both a seller of commodities and sophisticated goods as much of US farm output is shipped overseas. The US doesn’t produce much in the way of consumer goods for export – the US manufacturer sells in the business-to-business realm. Traditionally the top three trading partners for the US have been Canada, Mexico and China. Much of that north-south trade is inter-company trade and commodities and much of what China buys is food. Who, then are the buyers of manufactured goods?
There are few sectors of the economy as complex and challenging as manufacturing, The competitive threats come from all directions and all the time. Staying ahead requires knowing what is around each corner - whether it is a threat or an opportunity. The ASIS projects into the future with a carefully constructed set of models that maintain over 97% accuracy so that manufacturers can anticipate. It takes time to be ready for these competitive threats - the ASIS provides that time.
Watch John Nelson from Morris, Nelson & Associates along with Chris Kuehl and Keith Prather from Armada Corporate Intelligence review the monthly IPMAN report.
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