The 2020 Mid-Year Economic Update_long

Day: July 13, 2009

Research Firm: Number of Suppliers Shipping to U.S. Down Slightly in June

Panjiva, a firm that tracks overseas suppliers to the U.S., saw a 1% decline in the number of global manufacturers shipping to the U.S. in June, similar to May's trade data. According to the firm, the slight decline from May to June is slightly less than last year's May-to-June decrease. To Panjiva, it looks like global trade is tracking its "typical seasonal path."

Panjiva Watch List numbers were unchanged:
The percentage of significant manufacturers on the Panjiva Watch List remains at 30%. The percentage of significant buyers having done business wtih a Panjiva Watach List supplier in the preceding three months remains at 40%.

About the Watch List:
Manufacturers that have suffered a 50% or greater decline in volume shipped to American customers in the most recent ...

May Machine Tool Consumption Down 70.5% YTD

May U.S. manufacturing technology consumption totaled $109.90 million, according to AMTDA, the American Machine Tool Distributors' Association, and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was up 5.8% from April but down 72.3% from the total of $397.16 million reported for May 2008. With a year-to-date total of $618.30 million, 2009 is down 70.5% compared with 2008.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

While total manufacturing technology dollar values increased slightly, the unit numbers decreased in May," said Peter Borden, AMTDA President. "The overall economic signs are more ...

Report: European Manufacturing Sector to Continue Decline in 2009

The European manufacturing sector saw an accelerated downward trend in the first part of 2009 and will face challenges throughout the year, before seeing the potential for marginal improvement in 2010, according to the semiannual Manufacturers Alliance/MAPI European Industrial Outlook: 2009-2010 (ER-682e), a report that analyzes 14 major industries.

The report separately analyzes two distinct regions: Western Europe and Central Europe. The former generally comprises the 15 countries that form the currency union (Eurozone), while the latter includes the four largest economies of Central and Eastern Europe (CEE4): the Czech Republic, Hungary, Poland, and Slovakia.

Kris Bledowski, Ph.D., Manufacturers Alliance/MAPI Economist and report author, forecasts a continued decline for ...

Hagemeyer North America Launches New E-Commerce Site

Hagemeyer North America, Charleston, SC, has launched a new e-commerce Web site at www.hagemeyerna.com. The redesigned site offers enhanced features and intuitive navigation to make the customers' shopping experience fast and easy.

"Our team has spent months incorporating our customers' feedback to develop a site that helps them more economically satisfy their need for MRO products and services," says Greg Tabor, director of e-business.

Changes include a multi-faceted, comprehensive search capability, virtual versions of Hagemeyer North America's Safety, Electrical, Industrial and Sustainability print catalogs, and customizable features including bookmarks, order templates and customer-specific catalogs.

Hagemeyer North America, Inc., is a distributor of products and ...