12112016Sun
Last updateFri, 09 Dec 2016 7pm

i

HR Professionals Gather at VMA Workshop

HR Professionals Gather at VMA Workshop

Human resources managers, executives rep...

Valves in a Cement Slurry Line

Valves in a Cement Slurry Line

Basically everywhere you look in modern ...

Triple Offset Butterfly Valves

Triple Offset Butterfly Valves

Since their introduction to the market m...

The Weekly Report

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

Manufacturers Expecting Increased Revenues, Employment Growth In 2017

Friday, 09 December 2016  |  Chris Guy

Economic growth in the U.S. will continue in 2017, say the nation’s purchasing and supply management executives in their December 2016 Semiannua...

Readmore

Loading...

Industry Headlines

Siemens Industry Acquiring Mentor Graphics for $4.5 Billion

3 DAYS AGO

Siemens and Mentor Graphics have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion. Mentor will then be consolidated into Siemens Industry, according to the Atlanta Business Journal .

Mentor Graphics ...

Readmore

GE Oil & Gas Signs Agreement with TAG GmbH

3 DAYS AGO

GE Oil & Gas has signed an agreement with TAG (Trans Austria Gasleitung) GmbH, a pipeline operator with stations across Austria, to install its new Tuning Maintenance Software (TUMAS) across TAG’s fleet of 16 PGT25 gas turbines. This is the first time this solution has been rolled out across...

Readmore

‘Buy America’ Debate Holds Up Water Infrastructure Bill

2 DAYS AGO

A debate in Congress is taking place over whether to restore a ‘Buy America’ provision in the Water Resources Development Act (WRDA) before a final version is voted on. The ‘Buy America’ rule already passed in the Senate version of the bill. It was then pulled from the compromi...

Readmore

New Pipeline Safety Rule Expands Excess Flow Valve Requirements Again

4 DAYS AGO

In October, 2016, The Pipeline and Hazardous Materials Safety Administration (PHMSA) announced a final rule that expands safety requirements for excess flow valves (EFVs) to multi-residential and commercial applications. That version of the rule covered the installation of EFVs in new or replaced se...

Readmore

Manufacturers Expecting Increased Revenues, Employment Growth In 2017

1 DAY AGO

Economic growth in the U.S. will continue in 2017, say the nation’s purchasing and supply management executives in their December 2016 Semiannual Economic Forecast. Expectations are for a continuation of the economic recovery that began in mid-2009, as indicated in the monthly ISM Report on Bu...

Readmore

Poll: U.S. Economy to Grow 2.2% in 2017

3 DAYS AGO

National Association for Business Economics’ (NABE) December 2016 Outlook Survey forecasts 2.2% growth in real GDP for 2017. The annualized growth rate forecasted for 2017 inched downward to 2.2% in the current survey from 2.3% in September. Both projections illustrate the panel’s expectat...

Readmore

Business School Professors: Will Winner of November Election Matter?

To hear the two candidates tell it, the U.S. presidential election offers a dramatic choice on the economy: Vote for me, each says, if you want a robust recovery; pick my opponent, and we'll plunge back into recession.

But regardless of who wins, important economic factors will remain facts of life. Millions of American homeowners are "underwater," owing more than their homes are worth and weakening the consumer demand that is key to the economy. Employers, even if they are flush with money, won't hire more workers until they need them -- when demand rises or appears ready to.

The debt crisis in Europe resists a quick solution, and deficits and overhanging debt in the U.S. are too big to be whittled down very fast. These deficits will compete for federal revenue that could stimulate the economy through more spending or cuts in taxes.

Given the size of these problems, what is the most likely economic landscape to emerge after the election if President Barack Obama, a Democrat, wins, or if Republican challenger Mitt Romney wins?

Three faculty members at Wharton, the business school of The University of Pennsylvania, say that, either way, the future is likely to look much like the present, for several years at least. "The notion in the political debate is that if you just do something a little bit differently, things will get much better. But it doesn't work like that," says finance professor Franklin Allen.

  • Latest Post

  • Popular

  • Links

  • Events

Advertisement

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association