Register for 2020’s Virtual STEP Awards here:
See how new air pollution sensors and apps are informing the public about their local air quality as wildfires rage across the West Coast.
Join us for this years Furnace North America 2020 Virtual Event.
Epcon has been a leading Furnace Supplier across industries for over 40 years.
Contact us at email@example.com for any of your custom Industrial Heating requirements.
Curious about all the activities that go in inside an Industrial Manufacturing Facility? From laser cutting metal sheets, welding, electrical panel fabrication, painting and much more! Please join us for virtual tour, followed by a Q&A.
Oct 2, 2020 01:30 PM in Central Time (US and Canada)
Get Ready for One Giant Week of Innovation, Learning, and Networking
OPENING KEYNOTE – 12:15 PM – 1:00 PM ET
Jim Bridenstine, Administrator of NASA
Join an exciting presentation by NASA’s 13th Administrator with insights on technology developments in advanced materials and US competitiveness in manufacturing across a range of business sectors. He will wrap up his talk with an overview of NASA’s partnership opportunities for businesses of all sizes. A Q&A session will follow.
Register Now https://trim.ee/NVHxb
“Today’s action is perhaps the biggest change in administrative procedures in a generation and one of the five pillars of EPA reform under President Trump,” said EPA Administrator Andrew Wheeler in his final rule of President Trump’s Executive Order 13891, Promoting the Rule of Law Through Improved Agency Guidance Documents. “This historic rule guarantees the transparency the public deserves when engaging with the agency. This is a massive step forward for EPA bringing these legal documents into the light.”
EPA guidance portal provides public access to over 9,000 guidance documents for the first time, published to promote transparency by ensuring all active guidance documents are readily available and ensure clarity existing obligations, not a vehicle for implementing new, binding requirements on American businesses.
To access the portal, please visit: https://www.epa.gov/guidance.
For additional information on the rule, please visit: https://www.epa.gov/laws-regulations/epa-guidance-administrative-procedures-issuance-and-public-petitions
In case you missed the recent HBS event hosted by Epcon’s Managing Director and local HBS Club Board Member, Tasha Jamaluddin, here is a recording of the event and slides from the presentation.
- Manufacturers added 26,000 workers in July, slowing from gains of 240,000 and 357,000 in May and June, respectively, but still a solid increase. Despite the increases seen over the past three months, however, manufacturing employment was down by 740,000 in July relative to the level seen in February, illustrating the steep climb still needed to get back to prepandemic levels.
- The U.S. economy added 1,763,000 workers in July, but the nonfarm sector has lost 12,881,000 jobs since February. The unemployment rate declined from 11.1% in June to 10.2% in July.
- The current outlook is for manufacturing employment to bounce back to roughly 12,450,000 million workers by year’s end, with an unemployment rate around 9%.
- The Institute for Supply Management® reported that manufacturing activity continued to rebound in July, expanding at the fastest pace since March 2019. The headline index was buoyed by strong growth for new orders and production, both of which had their best readings since autumn 2018. Employment remained weak, though, continuing to decline significantly.
- New orders for manufactured goods increased 6.2% in June, extending the 7.7% gain in May, as the sector tries to recover from severe COVID-19 disruptions in March and April. Durable and nondurable goods sales rose 7.6% and 5.0% in June, respectively. Yet, new factory orders have fallen by a sharp 10.6% since June 2019.
- The U.S. trade deficit declined from $54.80 billion in May, the highest point since December 2018, to $50.70 billion in June, with growth in goods exports rising faster than goods imports. Yet, U.S.-manufactured goods exports were off 17.17% year-to-date in 2020 relative to activity in the first half of 2019.
- After declining for six straight months, private manufacturing construction spending rose 1.7% from $70.86 billion in May to $72.07 billion in June. However, activity has fallen 9.1% year-over-year.
- We will be watching several key indicators this week, including updates on consumer and producer prices, industrial production, job openings and retail sales, among others. Manufacturing production was 11.1% lower in June than in February, and we will be looking for the sector to increase output in July. However, the sector still has a large gap to overcome to get back to the pace seen before the COVID-19 pandemic.
Join Epcon’s Managing Director, Tasha Jamaluddin August 12th from 12:00 – 1:00 pm as she interviews Dr. Dirk Laukien of Black Forest Ventures on the impacts of COVID-19 and the outlook of the aviation industry, with major FBO Expansion plans underway in Houston and Dallas.