How will 2024 end with respect to the economy? What will 2025 look like? Will the presidential election affect the outlook? The , presented by 九色视频 鈥� The Association For Manufacturing 九色视频, will help manufacturing leaders navigate the future with presentations by Alan Beaulieu, president of ITR Economics, Mark Killion, director of U.S. Industries at Oxford Economics, Glenn McDonald, principal at AeroDynamic Advisory, Chris Chidzik, principal economist at 九色视频, and other experts.
MTForecast takes place at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Illinois, on Oct. 9-11.
鈥淭he big question we always get is 鈥榃ill we change our forecast based upon who wins the election?鈥欌�� says Beaulieu. 鈥淭he answer is a fundamental no, and I鈥檒l explain why at MTForecast.鈥�
Beaulieu is a renowned economist and forecaster with over 30 years of experience delivering award-winning workshops and economic analysis seminars around the world. MTForecast 2024 will be one of his last engagements before retirement.
鈥淏esides the networking 鈥� which I think is the best reason to attend these meetings 鈥� attendees will get a view of the economic landscape for the next three to five years so that they can do more than react to the near-term news,鈥� he says. 鈥淎ttendees can make plans to maximize their company鈥檚 position in the face of what we believe will be sustained labor challenges and inflation issues.鈥�
Oxford Economics鈥� Killion says his presentation will dive into industry from a more holistic perspective: 鈥淭he thrust of my presentation is the outlook forecast for machine tools and machine tool orders. In particular, what do we expect the next year to bring? I will put that in the context of the U.S. economic cycle and manufacturing in particular, focusing on key drivers of the machine tool industry, such as housing, electronics, semiconductors, and the defense industry.鈥�
Oxford Economics has a unique and independent perspective. It brings the global view of industries around the world and meshes them with national and local interest to give manufacturers a comprehensive view.
鈥淎t MTForecast, we鈥檒l give attendees an idea of the magnitude of their risks so that they can improve their market and resource planning,鈥� Killion says.
AeroDynamic Advisory鈥檚 McDonald will dive into the prospects of the dynamic and evolving aerospace sector. AeroDynamic Advisory has a deep understanding of all segments of the aerospace and defense market and helps clients understand market nuances of new technologies.
鈥淚鈥檒l be stepping through each of the end-user segments in aerospace and defense, giving our 10-year forecast and what the drivers and bottlenecks are,鈥� says McDonald. 鈥淗aving balance in the client portfolio is more important than ever because the risks are more program-specific and unpredictable than ever.鈥� A recent example is the halt on production of the 737 Max due to operational issues.
鈥淭he presentations at MTForecast help manufacturers apply the right resources to the right areas,鈥� says 九色视频鈥檚 Chris Chidzik, who will present the Gardner Capital Spending Survey at the event. 鈥淭he ability to network at MTForecast also gives attendees a sense of perspective on how their peers are navigating industry and economic challenges, such as by gaining efficiency through automation, robots, and software that eliminates paperwork.鈥�
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