Tariffs on imported washing machines have created a favorable pricing environment for US manufacturers
January 13, 2020Following the slight downturn in aerospace manufacturing after events such as the grounding of the 737 MAX by Boeing, growth in the demand for bearings and other power transmission components began to wane. However, the aerospace sector is projected to see 3.1% growth through 2023.
October 9, 2019With no established commercial cultivation of natural rubber in the US, demand for natural rubber is met by imports from countries such as Indonesia and Thailand. Due to the necessity of natural rubber in various products (e.g., tires), rubber product manufacturers and other industry participants are researching ways to produce natural rubber outside of tropical climates, including in the US, to try to avoid price volatility as well as the relatively high price of natural rubber in the current natural rubber supply.
October 9, 2019Ever had an electronic piece of equipment that was awesome – until it broke? When electronics or appliances fail, most repairs must be carried out by a repair shop that has been authorized by the original equipment manufacturer (OEM), usually using OEM parts – otherwise, any warranty attached to the product will be voided. Because most customers want to preserve their warranty, OEMs possess considerable insulation from threats of competition in both the service and replacement parts markets.
July 18, 2018Aerospace equipment shipments are projected to see growth through 2022. However, as these aircraft are increasingly designed with lighter composite materials, metal service centers may have trouble adapting to this decline in demand from aircraft producers.
June 20, 2018US demand for RVs is forecast to reach $16.6 billion in 2021. Rising disposable personal income levels will support gains. In addition, sales stand to benefit from population growth among the age cohorts most likely to buy RVs.
November 21, 2017From 2013 through 2016, sequestration, a system of budget cuts meant to enforce spending caps set by the Budget Control Act, led to stagnation in US shipbuilding output. Now, plans to dramatically increase the size of the US naval fleet from 275 ships to 355 promise to reinvigorate US shipbuilders.
November 14, 2017Despite a variety of synthetic alternatives, natural rubber continues to be in high demand in the US. As market conditions shift, demand for the resource will only increase...
May 16, 2017