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Weekly NAM Economic Report

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This week's Economic Report and the latest Global Manufacturing Update, provided by the National Association of Manufacturers are available below:

NAM Econ Report 7.17.2017
Global Manufacturing Econ Report July

June Report Sees Strong Sales & Growth Pattern

Industry Trends Report

NAHAD’s June Industry Trends Report highlights continued improvement in underlying trends, with strong sales growth driven by broad-based end market strength. Double-digit order growth along with tailwinds from price realization and inventory restocking are supportive of the increased full year outlook.

On an adjusted basis, sales were up ~10% in both May and April. Before adjusting for selling days, May growth was 12% (helped by an extra day) and April growth was 6% (~1.5 fewer days). Orders remain strong with an increase of 15% in May following 11% in April. Backlogs also improved and were up 14% with a net 40% of contacts reporting a sequential increase, the second largest improvement since 2012.

Distributors and manufacturers have raised their full year outlook for 2017 to up 8% on average, compared to 7% last month and up from an initial outlook of 3%. This follows a decline of ~5% in 2016.

More Info Here

NAHAD's Newest Value Partner

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APPI Energy provides NAHAD members with data-driven energy procurement solutions, helping to reduce operational expenses and create budget certainty. Through NAHAD’s Value Partners Program, APPI Energy offers NAHAD members competitive electricity and natural gas supplier prices at no up-front cost or obligation to purchase. With over 21 years of industry experience, and a network of over 51 vetted energy suppliers, APPI Energy can help NAHAD members save time and reduce costs on their next contract or renewal.

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2017 Distributor Performance Dashboards

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NAHAD’s Distributor Performance Dashboard (DPD) Program collects and analyzes Distributor data, providing participating NAHAD member companies with confidential, leading-edge business insights and intelligence. By completing your DPD Survey, participants are able to compare their company to others in the industry, year-over-year, in complete confidence and with total security - all at no cost. Want to learn more? Watch a webinar highlighting the incredible new benefits of DPD and also find more information here.

NEW for 2017 - NAHAD Markets Monitor Reports

Markets Monitor

NAHAD's quarterly Markets Monitor Reports provide pricing trends and market data for five common industrial product groups sold by NAHAD members.The reports, produced in partnership with MDM Analytics, provide a national benchmark and comparisons of the latest quarterly data with the previous quarter and also the same quarter of the previous year. The current report covering pricing for the first quarter of 2017 is available now for NAHAD members only and you can find more information here.

ICP Survey Shows Increase in Awareness of Industrial Distribution as Career Path

A recent survey of “right fit” 16-24 year olds found a 6.7 percent increase in their awareness of industrial distribution as a career field, compared to a similar survey commissioned three years ago by Industrial Careers Pathway® (ICP). The November 2016 survey targeted young people who are not planning on attending a four-year college and self-identified as having a “technical aptitude,” like “working with people” and consider themselves a “problem-solver.”

After reading a short description of industrial distribution, the percentage of respondents rating the field either “very” or “somewhat” appealing rose to 69 percent from 61 percent. When asked why the field was appealing, responses ranged from “important work” to “wide range of opportunities” and “good pay.”

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Members Made All the Right Connections at NAHAD's 33rd Annual Convention

Over 930 industry professionals from around the world joined together at the spectacular JW Marriott Hill Country Resort in San Antonio, TX for NAHAD's 33rd Annual Meeting and Convention. The event featured engaging educational sessions, exceptional networking events, and a powerful Showcase of Hose Solutions, all of which provided invaluable business opportunities for the attendees.

Mark your calendar for NAHAD's 34th Annual,Convention, scheduled for April 28 - May 2, 2016 at the all-new JW Marriott Resort on Marco Island, Florida.

DISTRIBUTOR ATTENDEE LIST AS OF 3/23/2017

SUPPLIER ATTENDEE LIST AS OF 3/23/2017