Welcome to NAHAD
This week's Economic Report and the latest Global Manufacturing Update, provided by the National Association of Manufacturers are available below:
Join with more than 900 industry professionals from around the world for NAHAD's 33rd Annual Meeting and Convention at the spectacular J W Marriott Hill Country Resort in San Antonio, TX. Engaging educational sessions, exceptional networking events, and the powerful Showcase of Hose Solutions will provide invaluable business opportunities for you and your team.
This month’s NAHAD Industry Trends Survey Report continues to highlight an improving industrial backdrop as the inventory destocking cycle appears to be behind us and headwinds from energy and OEM verticals are on the mend. While the improvement to date has been modest, the notable uptick in optimism and outlook for 2017 over the past two months suggests the pace of recovery could be more robust than we had previously expected following this long, drawn-out downturn.
• Sales improved moderately from down 4% in 3Q to down ~1% in 4Q. Sales in December fell 2% following a 1% increase in November.
• For the 2nd consecutive month, distributors and manufacturers raised their full year outlook for 2017 with average growth now seen up 5-6% up from 4-5% last month and an initial outlook of up 3%.
• For the first time in two years Oil & Gas was not the worst end market and has been surpassed by mining, although both remained in negative territory.
We reached our goal...and more!
The members of NAHAD banded together in the fight to provide clean, safe drinking water to people in need all around the world. Together we've raised over $12,500 to help bring an end to the water crisis. But we can still do more.
Working with charity: water, a nonprofit organization that brings clean water to millions worldwide, NAHAD has committed to sponsoring a water project in a developing country. Join with us today and help us reach our goal and more.
Today's Industry News
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None at this time.
February 28 - March 2, 2017
Don Buttrey - Coach & Trainer
March 5-8, 2017
JW Marriott Indianapolis
April 2-6, 2017
JW Marriott Hill Country Resort
San Antonio, TX