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November 9, 2009
Weekly Industry Crib Sheet: Worker Productivity Soars in Third Quarter
Plus: Unemployment Rises, U.S. Automakers Make Improvements and Credit Access Expands for Manufacturers.
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November 6, 2009
Light Friday: The Greatest Scientific Innovation Ever?
Plus: Halloween Characters Bosses are Most Like, Ford's Solution to America's Car Woes and How Your Beer Preference Reflects Your Personality.
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November 5, 2009
The Job Hunt, Pt. II: Action
In yesterday's The Job Hunt, Pt. I: Preparation, we discussed preparation tips and resources for people considering a new job. Here we conclude our two-part series by looking at strategy and actions for taking the next step in your career.
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November 4, 2009
The Job Hunt, Pt. I: Preparation
15.1 million people in the U.S. are currently without work. For job-searchers, that's a lot of competition. We've rummaged through the IMT archives to provide not only a framework for the job-hunting process, but also a number of additional resources for tips. Part I in a two-part series
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November 3, 2009
Employment Conditions Lag Behind Economic Recovery
Despite the U.S. economy exiting the recession, employment conditions remain difficult across a wide range of industries, raising doubts that the job market can achieve the same level of recovery occurring in other economic sectors.
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November 2, 2009
Weekly Industry Crib Sheet: House Unveils Health Care Bill
Plus: U.S. Economy Grows, New Durable Goods Orders Pick Up and Consumer Confidence Drops.
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October 30, 2009
Light Friday: The Big Business of Halloween
Plus: Terrifying Robots, NASA's Tallest Rocket, the Most Annoying Words and a Nanotech Musical.
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October 29, 2009
Cracking Down on Excessive Executive Pay
Last week, the U.S. Federal Reserve and Department of the Treasury separately moved to assert greater oversight over corporate compensation. The hunt for excessive executive pay continues...
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October 28, 2009
Manufacturing Outlook Improves in Third Quarter
Optimism among manufacturers has been steadily rebounding, recently reaching its highest point in a year and a half, a new report shows. This represents a positive sign for industrial recovery.
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October 27, 2009
Outlook: Raw Materials, Energy and Materials Handling
Effective management of raw materials costs is one of the top sourcing concerns for industrial manufacturers. According to a recent survey, inflation is also a major worry for small and midsized manufacturing firms, with 90 percent saying that they have seen or expect to see rising prices on raw materials in the second half of 2009. In addition, more than half indicated the same expectation for the costs of energy and components. The following broad outlook is broken down by energy costs, raw materials prices and materials-handling equipment investments.
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The Future of the Steel Sector
After a challenging year of reduced output and sluggish demand, the steel industry is beginning to see positive signs. But will the expected boost in global demand provide sustainable, long-term growth for the steel sector?
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Top 10 Moments in Materials History
The materials that have helped shape the modern world were introduced through momentous acts of invention and engineering. Here we look at the top 10 moments in materials history, based on a poll of engineers.
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Actionable Ideas for Supply Chain Sourcing
Economic pressures are forcing companies to contain costs and boost revenue through their sourcing and procurement functions. A recent report proposes a number of "calls for action" as firms move forward with their supply chain efforts.
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"Smart" Infrastructure on the Rise
The concept of implementing an interconnected and reactive system of utilities to build the nation's "smart" infrastructure is gaining momentum. Here we look at how the costs measure up against the benefits of this power-distribution alternative.
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The Manager/Worker Disconnect
New findings indicate a widening gap between what employees want from their managers and what they're getting. Are some supervisors letting their standards slip, relying on the belief that their workers are hanging on to their jobs no matter what?
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2009's Most Popular Car Colors
Car owners around the world made silver the most popular exterior vehicle color for the ninth consecutive year, a new report shows. How does your car color compare with the most common among automakers and consumers?
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Expert's Corner: ISM CEO Paul Novak
In this edition of the Expert's Corner, Institute for Supply Management CEO Paul Novak weighs in on commodity and energy prices, risk-management strategies and Wal-Mart's Sustainable Product Index.
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Recommended Reading
Moving from the shipping lanes of the ancient world to the modern era of globalized commodities, William J. Bernstein's A Splendid Exchange: How Trade Shaped the World provides a sweeping and detailed history of the evolution of commerce.
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October 26, 2009
Weekly Industry Crib Sheet: Administration Focuses on Aiding Small Businesses
Plus: Economic Indicators Continue Improving, China's Growth Accelerates, CFOs Voice their Concerns and MORE.
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October 23, 2009
Light Friday: Why More People are Uncertain about Climate Change
In this special not-so-light edition of Light Friday, we look at why so many Americans have not decided to "go green." Plus: Anthropomorphic, Animatronic Swine Flu Robots. (Yikes!)
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October 22, 2009
Health Benefits of Working after Retirement
New research shows that post-retirement employment can improve a person's physical and mental well-being, which is good news for the rising number of Americans choosing to work after reaching retirement age.
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October 21, 2009
Medical Device Makers Warn Proposed Tax Would Harm Innovation
Medical device makers are lobbying hard against a tax included in the Senate Finance Committee's recently approved health-care reform bill that would require the industry's manufacturers to pay $40 billion in fees over 10 years.
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October 20, 2009
Industrial Output Makes Largest Quarterly Gain in Four Years
U.S. industrial output continued to grow through September, posting the first quarterly gain since early 2008 and the largest single-quarter gain since Q1 2005, improving hopes that the current production upswing may be a permanent one.
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October 19, 2009
Weekly Industry Crib Sheet: Most Economists Claim Recession Has Ended
Plus: Job Losses Continue to Decline, China Widens Auto Market Lead, U.S. Government Funds Carbon Capture Work and MORE.
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October 16, 2009
Light Friday: More Weird Excuses for Missing Work
Plus: Extreme Green Tactics, 50 Years of Space Missions, Sabotage from the Future and a Shape-Shifting Robot Blob.
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October 15, 2009
U.S. Machine Tool Sales Drop in August
Consumption of U.S machine tools and related technologies totaled $129.16 million during August, a decline of nearly 15 percent from the July figures, according to the monthly U.S. Manufacturing Technology Consumption report.
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October 14, 2009
When Coworkers Steal Your Ideas
Past reports indicate that cubicle and kitchen items are among workplace thieves' top targets. Another common type of workplace theft has nothing to do with missing office supplies: stolen ideas.
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October 13, 2009
Inside the American Graduation Initiative
In February, President Barack Obama called for the U.S. to lead the world in college degrees earned over the next 10 years. Five months later, the president proposed spending $12 billion over the next decade to improve programs, courses and facilities at community colleges so that they can produce an additional 5 million graduates by 2020. The Obama administration also outlined its plan to teach Americans the skills they need to compete with workers from other nations. What are the specific measures being introduced?
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The Importance of On-the-Job Education
Workforce education and training can improve performance, productivity and retention. But during difficult economic times, how does on-the-job development fit into a tightened budget?
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Top Schools and Scholarships for Industry Sciences
An education in industry sciences is a gateway to various career paths. Here we look at some of the top schools and programs for obtaining industry skills, as well scholarships to help pay for them.
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Online Degrees Viewed More Favorably
While there is still a stigma attached to online education, new data indicate that employer perception of online schools is changing.
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IMT Gets a Makeover
It's been a busy summer here at Industry Market Trends (formerly Industrial Market Trends). You may have noticed our biweekly and daily e-newsletters have new features and a new look.
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Speed to Market Made Easier Today
Budgets normally devoted to critical engineering and IT projects may have been significantly reduced or eliminated, but there is still a meaningful way to get products to market faster than the competition.
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Should You "Fire" Bad Customers?
Sometimes maintaining a relationship with a client may be more problematic than rewarding. How can companies determine if they're better off parting with some customers instead of retaining them?
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Expert's Corner: Robert Wrona
In this edition of our new feature, Robert J. Wrona, executive director of the TWI (Training Within Industry) Institute, discusses the history and future of the TWI method.
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Recommended Reading
Originally intended as an aid for helping Japanese schoolchildren switch from memorization to critical thinking skills, Ken Watanabe's Problem Solving 101 has since become a popular guide for businesspeople seeking to hone their ability to respond to challenges.
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October 12, 2009
Weekly Industry Crib Sheet: U.S Trade Gap Narrows
Plus: Delphi Emerges from Bankruptcy, Unemployment Claims Fall, Service Sector Grows and CO2 Emissions May See Steepest Drop in 40 Years.
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October 9, 2009
Light Friday Toy Facts: A Few Good Slinkys
Plus: The Origin of Hasbro, Atomic Toys, LEGO Bricks in Seattle, the Return of Pink Flamingos and MORE.
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October 8, 2009
Critical Costs in Modern Manufacturing
The United States manufacturing industry is still the largest in the world, but today it faces a set of increasing challenges to its global competitiveness, a new report claims.
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October 7, 2009
Top Issues in the Trucking Industry
The trucking industry's not-for-profit research institute this week unveiled its list of the top 10 critical issues facing the North American trucking industry.
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October 6, 2009
Credit Conditions Improve for Manufacturers
Tightened credit conditions have hit manufacturers hard during the recession, yet recent improvements in credit availability may indicate that better financial health for the industrial sector is on the horizon.
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October 5, 2009
Weekly Industry Crib Sheet: Vehicle Sales Decline in September
Plus: Latest Job Losses, Rising Truck Volumes, Asia's Manufacturing Output and Optimism from G7.
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October 2, 2009
Light Friday: Businesses Cash in on Pirate Holiday
Plus: Touchable Holograms, Honda's Futuristic Unicycle, American Happiness and a DIY Space Camera.
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October 1, 2009
U.S. Manufacturing Grows for Second Consecutive Month
Economic activity in the manufacturing sector expanded in September, marking the second straight month of manufacturing growth, according to the nation's supply executives.
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September 30, 2009
Durable Goods Orders Drop Unexpectedly
New orders for manufactured durable goods declined in August, increasing uncertainty and reducing confidence of a return to sustainable economic growth in the near future.
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September 28, 2009
2009 Machinery Demand Hinges on Industrial Production Growth
Machine shops' financial strength and business activity hit record lows this year, and a recovery in shop floors' capital spending won't be assured unless industrial production picks up sustainably.
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10 Cool U.S. Factory Tours
Summer may be over, but it's not too late to take a short trip and learn how stuff gets made. Go behind the scenes at these factories to get a look at how things like baseball bats, jellybeans, Harleys and whiskey are produced.
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What Shop Floors are Using Now
Before manufacturing companies invest in new machine tools and equipment, they'll simply use what they have. What are the top priorities on the shop floor today?
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Employment Outlook for Machinists
Economic cycles significantly influence machinist employment levels, yet due to modern production techniques, employers still prefer machinists for their ability to perform almost any machine shop task.
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Expert's Corner: Van Crotts
In the premiere of IMT's newest section, Van Crotts, Chairman-elect of the American Machine Tool Distributors' Association, discusses the current and future challenges facing manufacturers and distributors.
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New Profit Opportunities for the Robotics Industry
The robotics industry has faced some setbacks since the recession began, but emerging opportunities for automation and new robotics advances may revitalize the sector in the near future.
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Build and Win: 7 Prize Challenges
The seven engineering and design challenges featured here encourage hard work and, in some cases, out-of-this-world thinking. Not to mention they may even put a little money in your pocket.
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What E-Waste Regulations Mean to Your Business
As production and use of electronic products increases, so do the regulations governing their disposal, making it vital for manufacturers and consumers to understand how to best discard electronic waste.
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Optimism Amid Crisis: Industry Pros Weigh In
A new survey of industrial professionals reveals their top concerns and lessons learned over the past year. The results reflect a growing sense of optimism returning to the manufacturing sector.
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Recommended Reading
The updated and expanded edition of On Competition brings together more than a dozen of competition expert Michael E. Porter's landmark articles from the Harvard Business Review.
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Weekly Industry Crib Sheet: Fed Sees Stronger Recovery Signs
Plus: Obama's Strategy for American Innovation, Ford's Future Profitability, Mass Layoffs in Manufacturing, Logistics Challenges and the EPA's Emissions Reporting Rules.
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September 25, 2009
The Baked Bean Index and Other Odd Economic Indicators
Also in this Light Friday: Wacky Warning Labels, Guidelines for Buzzword Usage, a Seriously Awesome Saturn Shot and MORE.
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September 24, 2009
Metals Industry Continues to Show Mixed Recovery Signs
Although positive signs are emerging, the turnaround in metals industry activity remains a fragile one and many metals service centers continue to cut inventory.
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September 23, 2009
Census Survey Shows Recession's Impact
U.S. citizens are less likely to buy a house, marry or drive to work alone, according to new data from the Census Bureau.
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September 22, 2009
Wage Growth Picks Up
Although stability in the job market remains elusive, with the unemployment rate still at a troubling level, wages for American workers appear to be rising.
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September 21, 2009
Weekly Industry Crib Sheet: White House Unveils Fuel Efficiency Plan
Plus: Positive Economic Signs, Health Insurance Costs, Retail Container Volume, Packaging Machinery and MORE.
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September 18, 2009
Light Friday: The Crime Edition
Includes: 3-D Printing Handcuff Keys, the Anti-Mugging Umbrella, Space Litter and Frog Soda. Plus: an RFID Rube Goldberg Contraption.
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September 17, 2009
Commuter Pains
A new report indicates that traffic congestion is taking its toll on urban motorists, who are re-evaluating the time spent getting to and from work.
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September 16, 2009
Producer Prices on the Rise, Exceeding Expectations
Prices for manufactured goods rose in August at a rate that exceeded earlier forecasts. While this is a positive sign for producers, it also raises some concerns over inflation pressure further down the line.
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September 15, 2009
Top Articles of 2009 (So Far)
It's that time of the year again, when we look back on which IMT articles our readers found especially appealing.
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September 14, 2009
Weekly Industry Crib Sheet: U.S. Trade Gap Expands
Plus: Air Transport Activity, Signs of Asian Rebound, Top Cities for Biz Growth and MORE.
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September 11, 2009
Light Friday: Carrier Pigeons Faster than Broadband
Plus: Why Countries Drive on the Left or the Right, Toyota's Drunk Driving Deterrence, the LEGO V8 Engine and MORE.
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September 10, 2009
Manufacturing Recovery Depends on Global Competitiveness
While there are indications that the manufacturing sector may be in the early stages of recovery, a new report indicates there is significant reason for caution, particularly regarding policies that discourage competitiveness.
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September 9, 2009
U.S. Employment Prospects Remain Mixed
Although many are understandably worried that the economic recovery may remain a jobless one, positive employment signs are already appearing.
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September 8, 2009
Weekly Industry Crib Sheet: Car Czar Named to Manufacturing Post
Plus: The August Employment Situation, NAM's Labor Day Report, Eurozone's Expanded Economy and Clear Winners from "Cash for Clunkers."
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September 4, 2009
Light Friday: The Flying Supertanker and an Air-Powered Computer
Plus: Gmortgage, Caps-Lock Layoff and the Grandfather of CAD.
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September 3, 2009
WTO to Rule on Round 1 of Airliner Subsidy Case
The World Trade Organization is expected to rule this week in a case about billions of dollars in European government loans to Airbus that Boeing argues are illegal subsidies.
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September 2, 2009
U.S. Manufacturing Finally Turns Around
New reports indicate the manufacturing recession is winding down, having shown growth in August for the first time in 18 months. The road to full recovery will be a long one, though.
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September 1, 2009
Employment Outlook for Second-Half 2009
So far this year, unemployment has risen, available positions have constricted and job security has all but disappeared. Will hiring conditions in the second half of 2009 be different?
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Making Disengaged Employees Feel Valued
When the economy improves, hiring managers will lose the advantages of a buyer's market. Employers must improve employees' work experience now if they are to attain and retain top talent.
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Labor Day by the Numbers: How and Why We Work
Labor Day is meant to recognize workers' contributions to the strength, prosperity and well-being of this nation. Despite today's unemployment situation, there is plenty to celebrate.
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Hiring Tips for Small Business
Finding the right candidate for a position is hard enough, but hiring for a small business presents additional challenges. What strategies can small businesses use to attract the best and the brightest?
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"What is Your Biggest Weakness?" and other Tricky Job Interview Questions
In an environment where new jobs are few and far between, it is crucial to avoid the pitfalls posed by tricky or loaded interview questions.
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Manage Workplace Stress in a Downturn
Work-related stress is a perpetual problem, but the added pressures of a recession can make it a serious obstacle to productivity, health and an overall sense of work-life balance.
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New Work Fall-Prevention Standards Unveiled
Aimed at preventing injuries and deaths resulting from falls, the American Society of Safety Engineers recently announced the approval of three new protection standards.
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The Value of Crisis Communication
It is vital for businesses to promptly and thoroughly address emergencies. Developing a crisis communication plan can help reassure clients and employees if and when a problem arises.
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Recommended Reading
Whether you want to ask for a raise, grow your client list, launch a new business or find financing for a project, you must not only present your ideas in a compelling way you must also sell yourself, which Good In a Room shows you how to do.
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August 31, 2009
Weekly Industry Crib Sheet: Consumer Confidence on the Rise
Plus: GDP Shows Positive Signs, Deficit Expands, Logistics Mergers Halt, Small Business Demands More Contracts and MORE.
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August 28, 2009
Light Friday: Strange but True Co-worker Complaints
Plus: Overused Buzzwords in the Workplace, Environmentally Friendly Rocket Fuel, Robot Hands Doing Cool Things and MORE.
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August 27, 2009
Is the Small-Biz Sector Smaller than We Thought?
Small business plays a much smaller role in the U.S. economy than is generally believed, a new report claims. Should we reevaluate American entrepreneurship, or are there other factors at work?
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August 26, 2009
U.S. Durable Goods Orders See Largest Gain in Years
Orders for durable goods rebounded sharply in July, representing their biggest gain in two years. Demand for motor vehicles alone rose 0.9 percent, on the back of the government's CARS program.
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August 25, 2009
"Cash for Clunkers" Closes Out
The "cash for clunkers" program came to a close last night. Here's a brief wrap-up on its perceived successes and shortcomings.
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August 24, 2009
Weekly Industry Crib Sheet: Reports on the Recession's End
Plus: U.S. Economy's Unexpected Bright Spot, Governments' Expanded Payrolls, Eurozone's Stabilizing Economy, Toyota's Biggest-Ever Recall in China and MORE.
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August 21, 2009
Light Friday: Doing Away with Innovation
Plus: GM Sells Autos on eBay, Golfing Gets Scandalous, Military Makes Kids' Toys and MORE. (Zombies!)
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August 20, 2009
North American Metals Service Centers Continue to Destock
Inventories of steel and aluminum products at North American metals service centers continued to decline in July, as continuing year-over-year shipment declines for both metals underscored ongoing destocking in both the U.S. and Canada.
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August 19, 2009
Protecting Your Business from Cyber Threats
Increasing computerization of production methods and greater reliance on digital data systems have made cyber security a significant concern for manufacturers. How can businesses deal with the new wave of cyber threats?
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August 18, 2009
2009 Design Awards Highlight Emerging Trends
This year's award-winning industrial designs reflect existing and emerging key trends in the market. Above all, the latest design principles display a deep understanding of user processes.
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Harnessing Collective Innovation
Leaders can capture more value from existing resources without launching disruptive change programs by focusing on the development of innovation networks.
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3-D Printing Brings Prototyping to the Home
Imagine designing a component on a computer and having a prototype emerge from your printer. 3-D printers and desktop manufacturing technology are making this an affordable reality.
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R&D Overhaul in the Downturn
Since late 2008, a deepened recession and the government-backed economic stimulus package have had sizable effects on the R&D landscape.
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How CAM Can Improve Productivity
Restricting output and suppressing inventory levels may provide short-term solutions in an economic crisis, but re-addressing CAM can offer long-term opportunities for when the downturn turns around.
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Offshoring Landscape Continues to Shift
Companies continue to pursue offshoring aggressively, moving operations to locations in the world where they can be conducted at lower cost, either by third parties or by their own efforts.
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Mid-2009 Government Budgets Outlook
Despite serious expenditure declines in U.S. state budgets, the economic stimulus package and federal agency spending are expected to boost major government purchasing through the end of the fiscal year.
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How Our Compensation Changes in an Uncertain Economy
In an unstable job market, compensation rates can be as volatile as job security. How are managers restructuring compensation, and what changes can employees expect to see in salaries and benefits?
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Recommended Reading
A Fine Line shares the story of an industrial design wunderkind's transformation to a global innovation powerhouse, while detailing the real challenges facing businesses in the new global economy.
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August 17, 2009
Weekly Industry Crib Sheet: Economic Assessment is Upbeat
Plus: Machine Tool Sales Surge, U.S. Trade Deficit Widens and New Lead Regulations Take Effect.
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August 14, 2009
Light Friday: Are You a Morning Person?
Plus: Remembering a Legendary American Inventor, Hot Dog Vending in NYC, Product Shipping Gone Wrong and MORE.
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August 13, 2009
The Downside to Productivity Uptick
United States work productivity experienced a dramatic boost in the second quarter of 2009, with some economists proclaiming an end in sight for the recession. But does working harder really translate into a stronger economy?
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August 12, 2009
Manufacturers' Pessimism over Economy Declines
While the majority of industrial manufacturers continue to view the U.S. and world economies as declining in the second quarter of the year, their overall outlook through the second quarter of 2010 shows improvement, according to PricewaterhouseCoopers LLP.
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August 11, 2009
FDA Vows to Crack Down on Food Safety Violators
Food and drug companies that commit safety violations will face faster and more aggressive action, the new commissioner of the U.S. Food and Drug Administration promised last week.
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August 10, 2009
Weekly Industry Crib Sheet: Signs of Healing
Including: Slower U.S. Job Losses, Successful "Cash for Clunkers" Results and Positive Manufacturing Indicators (Worldwide).
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August 7, 2009
Light Friday: Recession 101 - It's a Test, Not a Final
Plus: Bizarre Brand Extensions, PowerPoint Presentation's Successful "Wow" Factor and MORE.
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August 6, 2009
Are Americans Ready to Spend Again?
The recent increase in American consumer spending coupled with modest improvement in the housing market has raised the prospect of a spending rebound, but many analysts still have their doubts.
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August 5, 2009
"Cash for Clunkers" Plan Said to Have Beat Expectations
The government's "cash for clunkers" program is being hailed as a runaway success, as it gave automakers a desperately needed sales boost in July.
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August 4, 2009
Building (and Rebuilding) a Reputation
Corporate reputations can be damaged for a number of reasons. To prepare and respond to reputation threats, businesses must pay greater attention to reputation risks.
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Promoting Corporate Social Responsibility
Many leading businesses no longer debate the legitimacy and benefits of corporate social responsibility. Yet those devoting more resources to it face a new set of challenges.
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Are Managers Communicating Enough?
Effectively communicating goals and expectations can help ease employees' concerns and empower staff. Now more than ever, employers should be communicating with their employees.
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Tips for Protecting your Online Image
How do you control what your online image says about you? No matter your industry or employment status, there are smart ways to manage your personal information in the public domain.
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Navigating Public-Private Partnerships
Public infrastructure requirements have driven PPPs to new prominence in recent years. Are U.S. businesses ready for these partnerships' increased role in infrastructure development?
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Perfect your Résumé
In today's job market, having the right qualifications may not be enough to land a position. Crafting an effective résumé significantly increases the odds of getting your foot in the door.
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Can Cloud Computing Help your Business?
Cloud computing has become commonplace in a wide range of technical fields. How does it affect the supply chain, and what does it mean for your business?
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5 Things to Know for Public Speaking
Through practice and experience, it's possible not only to overcome stage fright but also to excel at public speaking.
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Recommended Reading
The 14 small companies profiled in Bo Burlingham's Small Giants are consistently profitable yet have consciously resisted convention by staying small and great instead of becoming large and mediocre.
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August 3, 2009
Weekly Industry Crib Sheet: Delphi Approved to Exit Bankruptcy...
Plus: Economic Indicators Point to Slower U.S. Contraction, China Manufacturing Gains on Slowly Improving U.S. Sector, and Total RFID Revenue Expected to Exceed $5.6 Billion in 2009.
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July 31, 2009
Light Friday: The Cinema Space & Science Edition
Including: Star Trek IV's Transparent Aluminum, Transformers Camaros, Scary-Music Psychology, Disaster-Movie Comets and MORE.
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July 30, 2009
Economic Turnaround Stymied by Low Foreign Direct Investment?
A prosperous recovery for worldwide economies hinges on an uptick in foreign direct investment flows, according to a new report from a United Nations think-tank, which also warns about the risk of protectionism.
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July 29, 2009
Official Dialogue Focuses on U.S.-China Relations
Senior-level talks during the U.S.-China Strategic and Economic Dialogue this week sought to address the current trade rift and ways for both nations to redefine their roles as they move toward global economic recovery.
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July 28, 2009
The Mid-2009 State of Global Steel Production
Most major steel-producing countries dropped in their crude steel output in the first six months of 2009, with only a few exceptions. However, the pace of contraction slowed in June.
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July 27, 2009
Weekly Industry Crib Sheet: Wal-Mart's New Game-Changing Mandate...
Plus: The President Addresses Health-Care Reform and its Impact on Small Businesses.
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July 24, 2009
Light Friday: 2009's Dumbest Moments in Business (So Far)
Plus: Economy's Gallows Humor, 5 Unique Job-Seeking Tactics and a New Report from the Future.
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July 23, 2009
RFID Orders Swell in 2009
The market for RFID devices has experienced major growth in 2009, but the technology's potential within manufacturing, supply chain management and even health care has yet to be fully realized.
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July 22, 2009
Gearing Up for Federal Buying Season
With the federal buying season rapidly approaching, businesses of all sizes are expected to take advantage of the upcoming rush of government spending.
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July 21, 2009
Construction 2009
The construction industry continues to struggle this year, with the American Recovery and Reinvestment Act of 2009 only somewhat softening the blow of the downturn.
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Stimulus Funds' Impact on Infrastructure Upgrades
So far, the billions of dollars targeted at roads, bridges, mass transit, water projects and high-speed rail in 2009 have fallen far short of what the country needs.
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Proposed Solutions to Improving Infrastructure
While much of the government's $787 billion stimulus package is allocated to infrastructure projects and transportation, more is needed for U.S. networks - and not only in terms of funding.
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Next-Generation Building Materials
Innovative design is a key trend in architecture and construction in 2009. Here are a few interesting building materials to look out for, ranging from high-tech to eco-friendly.
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How to Minimize Project Delays
Construction project delays cost time and money, and damage contractors' reputations. Consider these tips for keeping delays and risks to a minimum.
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Bribery Allegations Complicate China's Iron-Ore Pricing Efforts
Chinese officials recently detained four Rio Tinto employees, accused of spying and stealing state secrets. The arrests come amid contentious talks between the mining giant and China over iron-ore prices.
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Construction in the Final Frontier
Constructing buildings today is no easy task. But building structures in space presents a new set of unique challenges. Here we look at the particulars of non-terrestrial building projects.
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5 Ideas for Maintaining Morale after Layoffs
Workers who remain after downsizing experience emotions that range from initial relief to guilt over their good fortune. Following layoffs, managers can provide support specific to survivors.
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Recommended Reading
Considered the definitive history of the Apollo moon missions, A Man on the Moon is based on hundreds of hours' of in-depth interviews with 23 of the 24 Apollo lunar voyagers and others.
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July 20, 2009
Weekly Industry Crib Sheet: Job Growth Lags Recovery
Plus: Improvements in Inventories, Businesses Split on Health Care, China's Renewed Growth, U.S. Standing Tougher on Trade Agreements and MORE.
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July 17, 2009
Space Friday: On 40th Anniversary, Apollo 11 Moon Mission Tapes Released
Plus: a Monkey-Controlled Robot, Media Nutrition Guide, TARP Gravy and Out-Sick Excuses.
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July 16, 2009
Ways to Reduce Scrap and Rework
Manufacturers can save time and money by cutting the amount of scrap they produce and limiting rework. Here are some strategies to consider.
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July 15, 2009
Guidelines for Goods Under the "Buy American" Provision
New guidelines from the Environmental Protection Agency clarify how water utilities should apply the American Recovery and Reinvestment Act's "buy American" provision, requiring "substantial transformation" in the U.S. from component parts.
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July 14, 2009
Consumer Concern Pushing Sustainable Packaging Growth
Over-packaged goods are emerging as a major concern for consumers worldwide, promoting the growth of the sustainable packaging segment, according to multiple reports.
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July 13, 2009
Weekly Industry Crib Sheet: GM Concludes Whirlwind Bankruptcy
Plus: China Car Sales Surge, U.S. Trade Deficit Narrows, German Industrial Output Increases and Initial Jobless Claims Fall.
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July 10, 2009
Light Friday: Happy Birthday, Nikola Tesla
Plus: Rubik's Cube Ball, Solar-Powered Plane, Scary Engineering Feats and MORE.
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July 9, 2009
Manufacturers and Wholesalers Expect Rebound by Early 2010
Although business conditions for nearly every industry segment have continued to deteriorate since last year, a significant number of executives expect to see their companies rebound in late 2009 or early 2010, a new report says.
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July 8, 2009
CARS Looking to Jumpstart Auto Sales
The newly approved "cash for clunkers" program aims to lift consumer confidence and boost auto sales, but will it have the intended impact?
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July 7, 2009
Supply Chains in Survival Mode
As supply chains become more complex, businesses are finding it increasingly difficult to respond to global challenges. However, some companies are refocusing their supply chains successfully.
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2009 Supply Management Salaries
Depending on region, education and experience, supply chain pros' salaries can range from predictably subpar to surprisingly robust.
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Getting a Handle on Global Sourcing
Theoretically, sourcing globally for inexpensive materials may seem easy. In practice, though, the process and execution is much more complicated.
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Near-Term Logistics Far from Recovery
Demand for transportation services sank along with the economy in 2008. While there have been improvements, particularly with air cargo, recovery is still a long time coming.
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Ways to Streamline Transport and Inventory
Improving transportation and inventory management can help companies save time and money as well as minimize the potential for errors.
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13 Types of Coworkers We Like
An article about 13 types of irritating coworkers received sky-high readership in our last issue. Yet one reader noted the benefits of positive reinforcement. To that end, here are 13 types of coworkers we like.
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Clean Tech in a New Energy Economy
Industry leaders who gathered at the National Summit last month all seemed to agree on one thing: The U.S. needs to be a world leader in clean technologies.
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Is Dynamic Discounting Right for You?
Some organizations are adopting a dynamic discounting model to revamp their accounts payable departments. But how does this plan affect the buyer-supplier relationship, and is it right for your business?
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Recommended Reading
In How the Mighty Fall, Jim Collins examines why some of the greatest corporations sink into decline - and what managers must do to avoid such a fate.
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July 6, 2009
Weekly Industry Crib Sheet: GM Headed Out of Bankruptcy
Plus: Steel Prices Rise, Manufacturing Contraction Slows, Auto Suppliers Awarded Loans and MORE.
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July 1, 2009
Independence Day: Did You Know?
With July 4th falling on Saturday, your workplace may already be operating with a skeleton staff. Still, someone has to keep things going while everyone else is at the beach, and if that someone is you this week, ease your way into the holiday weekend with these fun figures.
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June 30, 2009
U.S. Manufacturers Face Critical Threats to Competitiveness
Two new reports identify significant threats that could impede the ability of U.S. manufacturers to successfully compete in the global economy, including the public perception of pursuing a career in manufacturing.
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June 29, 2009
Weekly Industry Crib Sheet: Boeing Delays Dreamliner's First Flight (Again)
Plus: Automakers Receive Fuel-Efficiency Loans, Durable Goods Orders Rise, Unemployment Rate Persists and MORE.
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June 26, 2009
Light Friday: Unusual Economic Indicators
Plus: Quarter-Shrinking Machines, Carnivorous Furniture, Gravity-Defying Shoes and MORE.
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June 25, 2009
U.S. and E.U. File Trade Complaints Against China Over Exports
In a coordinated filing this week, the U.S. and the E.U. complained to the WTO that China's export duties on raw materials were distorting the global market and hurting their manufacturers of steel and other products.
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June 24, 2009
How New Gas Mandates Can Fuel Detroit Three Rebound
U.S. automakers have a chance to increase profits and gain market share due to President Obama's fuel efficiency mandate, according to a new report.
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June 23, 2009
What's Your Corporate Culture?
From Enron to Google, corporate culture says a lot about an organization's character, influencing how it's perceived by customers, employees and competitors.
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Benefits à la Carte
To compensate for cutbacks in employee benefits programs, increasingly more companies are offering voluntary benefits plans that allow workers to pick the perks that fulfill their needs.
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13 Types of Irritating Coworkers
Whenever you isolate many different types of people into one workspace, chances are you'll have some personality clashes. Some behaviors, such as those listed here, are annoying but not necessarily toxic.
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Changing Jobs, Not Employers
As companies reorganize to cut costs and minimize layoffs, some employees' roles may be redefined to fit the new structure. Here are some ideas for adapting to a new post at the same place.
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Tips: When Home is Your Workplace
Whether telecommuting or running a home-based business, distinguishing "home life" from "work life" can be a struggle. Here are some tips to separate personal and professional tasks even when they occur in the same space.
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Inspired Design Tools to Come
One of the most drastic changes over the last eight decades has been in the tools engineers use. The future promises another wave of technological innovation.
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Couples Split on Retirement Planning
A new study shows that many married couples aren't on the same page when it comes to retirement finances. These days, it's more important than ever to have a unified plan for retirement.
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The Future of U.S. Space Flight
The people of NASA have the privilege of doing things that have never been done before. What will the space agency's visionary scientists, engineers and, of course, astronauts pursue next?
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Recommended Reading
Who's Got Your Back reminds people to skip the lone professional "superman" mentality and focus on building close relationships with trusted individuals to reach their full potential.
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June 22, 2009
Weekly Industry Crib Sheet: Thousands Return to Workforce...
Plus: Economic Indicators Surge, Bill Financially Supports Clean Energy Transition, Toyota Grows U.S. Market Share, Dreamliner Readies for First Flight and MORE.
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June 19, 2009
Who's Your Daddy: Father's Day Facts and Figures
The idea of Father's Day was conceived exactly one century ago, when the daughter of a widowed Civil War veteran who was left to raise his six children on a farm wanted a special day to honor her father. The first Father's Day was observed on June 19, 1910, in Spokane, Washington.
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June 18, 2009
Beefing Up Food Industry Regulations
Food safety is back in the spotlight with a new bill that gives the FDA more authority to inspect food processing plants, institute recalls and impose penalties.
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June 17, 2009
Industry Leaders Address Protectionism at National Summit
As the three-day National Summit winds down, business and industry leaders attending the economic forum claim that maintaining or increasing trade barriers will only further damage the U.S. economy.
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June 16, 2009
Despite Optimistic Indicators, Industry Remains Weak
Economists are now saying it's too early to tell if the economic contraction is truly slowing, following a dip in industrial production and little change in producer prices last month.
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June 15, 2009
Weekly Industry Crib Sheet: Redefining Manufacturing through Cultural Changes
Plus: China Auto Sales Up, Tech Consumption and Wholesale Inventories Down, Chrysler Officially Out of Bankruptcy and Peter Bernstein Remembered.
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June 12, 2009
Light Friday: Solving Financial Follies with Science
Plus: Mini-Microwaves for Your Desk, Cooking for Engineers, Five-Year Paid Leave for Bank Workers and More.
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June 11, 2009
Global Jobs Outlook: Cautious Hiring Despite "Talent Shortage"
A sluggish hiring pace is expected to continue globally in the third quarter of the year, but more employers say they will be holding on to the workers they have, according to the latest quarterly survey by Manpower Inc.
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June 10, 2009
Handling Market Fluctuations through Inventory Management
By having a properly managed inventory, coupled with effective business cycle forecasting, companies are better poised to handle economy-driven inventory fluctuations.
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June 9, 2009
Where to Go When Banks Say No
It's been increasingly difficult to find funding, whether from banks or private investors. If your business is short on capital, consider these alternative funding sources.
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How to Pitch to Investors
Venture capitalists often listen to many bad pitches before hearing a winner. Entrepreneurs wooing potential investors can get an edge by following certain presentation guidelines.
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Modify the Fine Print: Contract Renegotiations
Whether asking your supplier to revisit a contract or reviewing your customer agreements, renegotiation should be approached with a mutually beneficial goal in mind.
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6 Ideas for Curbing Workers' Comp Costs
On-the-job injuries cause headaches for all levels of organizations, affecting production, costs and morale. Yet opportunities exist for businesses to contain workers' compensation costs.
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Fun Facts about Money
We spend it all the time, but just how much do we actually know about the pieces of paper and metal that help make the world turn? Here are some interesting facts about money.
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Nuclear Power: Prospects and Problems
Amid the current drive to develop sustainable and efficient energy sources, nuclear power is experiencing renewed attention. Here we revisit the outlook for a nuclear power infrastructure.
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When Should You Launch Your Product?
Many companies focus almost entirely on the concept, design and distribution of a new product, but the timing of a product launch can be just as important to its success.
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Study Undertakes Psychology of Superstition
People trying to find security in unpredictable situations - such as in the stock market or a business meeting - often see patterns where none exist, a recent study suggests.
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Recommended Reading
Learning from your failure, rather than letting it defeat you, requires very specific emotional and rational skills. From Lemons to Lemonade provides examples of how companies learned from their mistakes to build great products that sell.
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June 8, 2009
Weekly Industry Crib Sheet: Government Aid Goes to 'Rust Belt'...
Plus: Ford Boosts Production, Payroll Cuts Ease, China Investigates Steel Dumping and MORE.
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June 5, 2009
Light Friday: Creative Bar Codes
This week marks the 35th anniversary of the UPC bar code, one of the most recognized symbols in the world. Here are some creative designs that turn the ubiquitous technology into something fun and unexpected.
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June 4, 2009
Reducing Energy Consumption and Cost
Companies can reap significant savings by implementing energy management programs at their plants. Here are a few tips on managing energy use.
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June 3, 2009
Ideas for Finding Hidden Warehouse Space
With sales volumes at their lowest levels in years, many businesses are dealing with excess inventory. One way to keep costs down is through better usage of warehouse space.
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June 2, 2009
On the Slow Road to Recovery
The larger-than-expected increase in new orders for durable goods has economists believing the worst is over even though the recovery will be slow.
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June 1, 2009
Weekly Industry Crib Sheet: Bankruptcy Toward a "New GM"...
Plus: Suppliers Struggling, Chrysler Emerging, Consumers Brightening, Orders Rising and MORE.
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May 28, 2009
Light Friday: Celebrations of the MINI and Towels...
...Leave Work Early Day, Positive Post-it Notes and the U.S. Girlfriends' Proposed Economic Plan.
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OSHA Cracks Down on Fraudulent Trainers
OSHA has implemented more stringent guidelines and increased spontaneous monitoring visits to eliminate fraudulent trainers.
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May 27, 2009
Outlook: China and Japan
Although the latest global downturn was somewhat delayed in reaching Asia, spillover from the global crisis has had a considerable effect on China and Japan's export-dependent economies.
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Outlook: India, South Korea and Southeast Asia
The drop in export demand has hit countries other than China and Japan. Many analysts, however, predict much of Asia's growing consumer base will play a major role in a global recovery.
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Tips for Biz Success in China
Companies looking to expand their business in China would do well to pay attention to several key factors that could help grow their China-based operations.
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How is Detroit Faring against Asian Automakers?
American automakers have been ceding market share to Asian competitors for years, but will the current crisis in the U.S. enable overseas rivals to overtake The Detroit 3 at home?
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China Accused of Steel Dumping
At a time when the worldwide steel market is falling, many steel producers worry China is poised to dump more cheap steel into the U.S. market.
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The Escalating Piracy Problem
Recent high-profile attacks have brought renewed attention to the problem of maritime piracy. Here's how the international community is responding.
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What India's Elections Mean for U.S. Business
India, the world's largest democracy, recently completed the largest democratic election in history. How will this new government affect companies in the U.S.?
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Business Etiquette Basics in China and Japan
Manners and attitude speak volumes in Asian countries. When making a new business contact, ensure your intentions aren't lost in translation.
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Recommended Reading
While most recent writings about China presume an unstoppable rise of a global titan, China: Fragile Superpower questions whether this emerging superpower is going to run the world.
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May 26, 2009
Weekly Industry Crib Sheet: Potential Effects of a GM Bankruptcy Filing
Plus: Leading Economic Indicators Point to Possible Growth, Consumer Confidence Rises and Troubled Banks Raised $56 Billion of Required $75 Billion.
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May 22, 2009
Light Friday: Killer Robots and Beanie Babies...
Plus: Scary-Awful Car Commercials and Redeeming the Bad Name of Executives and Bankers.
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May 21, 2009
Elevate Your Brand In a Down Economy
Consumers are paying closer attention to companies' actions. From social networking to social responsibility, businesses have many opportunities to strengthen their brand.
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May 20, 2009
Tips for Stressed Small-Biz Owners
The dismal state of the nation's economy has many employees so stressed that they are losing sleep over it. For people who are their own bosses, anxieties driven by the recession are keeping them up at night as well.
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May 19, 2009
Strategies for Cost Reduction and Risk Management
Even as the downturn continues, purchasing professionals who successfully devise and execute strategies that minimize risk and reduce costs today will continue to thrive.
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May 18, 2009
Weekly Industry Crib Sheet: 'Two Pillars of a New Foundation'
Plus: Trade and Production in the U.S., Positive Signs in the UK and MORE.
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May 15, 2009
Light Friday: Management Lessons from Captain Kirk
Plus: Autonomous Robot Athletes, Long-flying Paper Planes, a Veggie Race Car and the Best NASA Photos from the Last 50 Years.
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May 14, 2009
Has International Air Freight Decline Hit its Floor?
Despite continued pressures from weakened global trade and increased competition with other transportation modes, the latest data for international air freight offers hope that demand may have stabilized.
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May 13, 2009
Why Having Engaged Employees Matters
Recent studies show that dedicated employees give their companies a boost in profitability and productivity, which is all the more reason to keep employees engaged and connected with the business as a whole.
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May 12, 2009
The State of the U.S. Entrepreneur
Despite the extraordinary challenges small-business owners face in this downturn, the entrepreneurial spirit remains strong in America.
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Key Targets for Small-Biz Success
There is no doubt the mettle of entrepreneurs has been tested lately. While many remain resilient, others could stabilize their business by considering these strategies.
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Surviving the Credit Crunch
With a narrow trickle of credit and a steep decline in venture funding, small businesses are having a tougher time obtaining capital. But there may be some light at the end of the tunnel.
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Health Care Bleeds Small-Biz Finances
Health-care costs have prevented many small firms from providing coverage for their employees. The new COBRA provision could bring even more problems.
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5 Tips for Discounting Prices
Businesses must take care when deciding to lower prices or offer discounts. Here are some strategies for lowering prices without hurting profits or the brand.
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Will "Buy Local" Help Your Business?
A growing body of evidence indicates that "buy local" campaigns are helping small businesses compete in an extremely challenging economic climate.
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Real-Life Star Trek Devices
With a new Star Trek film exciting longtime fans and attracting a new generation of "trekkies," IMT looks at real-world counterparts of the iconic franchise's high-tech devices.
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Career Advice for the Class of 2009
With the right strategy, new college graduates can still launch their careers with great success - even in today's competitive job market.
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Recommended Reading
Escape from Cubicle Nation provides not only the nuts and bolts of starting a business, but a full discussion of the emotional issues involved.
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May 11, 2009
Weekly Industry Crib Sheet: Bank Stress Test Results
Plus: Obama on Tax Havens, Chrysler Assets Approved for Auction, Britain Bouncing Back and MORE.
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May 8, 2009
Facts and Figures: Celebrating the Hardest Job in the World
Mothering is often called the hardest job in the world, which is why, in 1914, the United States Congress designated the second Sunday in May as Mother's Day.
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May 7, 2009
How to Cope with Stress
How people deal with stress greatly affects their well-being. Here are some strategies to help you deal with stress in a healthy manner, whether at home or on the job.
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May 6, 2009
NAOSH Week 2009: 'Make It Home Safe Every Day'
This week marks the 13th North American Occupational Safety and Health (NAOSH) Week, held each year to help raise awareness about the importance of workplace safety, health and the environment. This year's theme is "Make It Home Safe Every Day."
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May 5, 2009
Is the Downturn Nearing Its End?
Recent reports of improvements in the manufacturing sector and increases in consumer spending have economists believing that "the worst is over."
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May 4, 2009
Weekly Industry Crib Sheet: On President Obama's 101st Day, a Major American Bankruptcy
Plus: Chinese Manufacturing Expands, Initial U.S. Jobless Claims Drop, Steel Consumption Forecast to Decline 15 Percent and MORE.
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May 1, 2009
Light Friday: Self-Healing Concrete and a 5-Minute Book Printer...
...Multi-Purpose Pizza Box, World's Fastest Camera, Solar Power Map and MORE.
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April 30, 2009
Spring Blooms Optimism
Everywhere we look, purveyors of pessimism barrage us with doom and gloom. And while IMT does not shy away from bad news, our job is to filter through the doomsday noise to stare into the troubling depths and try to determine areas in which they might not be as dreadful as they seem at first glance.
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April 29, 2009
Governments Spur RFID Growth
The total market value of RFID is expected to rise in 2009, driven by government programs such as those involving national identification cards and passports.
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April 28, 2009
Purchasing 2009: Unexpected Opportunities
Businesses today face extraordinary challenges. Yet these troubled times also present opportunities to gain competitive advantage through procurement.
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Risk Management a Top CPO Priority
Financial turmoil and market volatility are pushing risk to the forefront of purchasing officers' concerns. What will this shift in priorities mean for long-term supply chain stability?
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4 Sourcing Strategies During a Downturn
The global recession has added pressure on procurement departments to perform with fewer resources. Consider these four tactics to survive the economic slump.
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Mastering Procurement Contract Management
While recent studies suggest now is a good time for short-term contract negotiations, companies must also strategize for the long-term management of procurement contracts.
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Counterfeit Parts Infiltrate Aerospace Projects
Electrical, military and aerospace industries face a dangerous resurgence: the unintentional use of counterfeit components in place of certified parts.
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Lean Credited for Operational Savings
Increasingly more companies are citing lean and other operational improvement initiatives for helping them respond to the market downturn.
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Hidden Costs of Poor Health
Health-related productivity costs are significantly greater than medical and pharmacy expenditures, according to a major new study.
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Be More Than a Face in the Crowd
Although job seekers benefit from on-the-spot interviews at job fairs, they also face plenty of competition. Here are some tips to avoid being "kept on file."
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Recommended Reading
Globality: Competing with Everyone from Everywhere for Everything introduces the next stage of globalization, where rapidly developing economies around the world are now competing on their own terms.
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April 27, 2009
Weekly Industry Crib Sheet: Automotive News Roundup
Plus a Look at Stricter Toxic Substance Reporting Rules, Los Angeles Port's Increasingly Competitive Rivals and MORE.
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April 24, 2009
Light Friday: The Peter Principle, Pedal Power and Bioengineered Brew...
Plus: Up is Down and Down is Up, NASA's Earth Day Celebration and Free Coffee in Canada.
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April 23, 2009
Global Steel Output Still in Decline
Prices for steel soared to historic highs last year. Now, as the global economy still struggles desperately to find footing, output of the metal continues to mirror the disheartening economic downturn.
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April 22, 2009
New Twist on Labor Negotiations: Bossnapping
There is a journalistic truism that one incident is not necessarily news, and two may be a coincidence, but three similar developments indicate a trend. One particularly scary trend recently: workers holding their bosses hostage to demand better severance.
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April 21, 2009
How Inefficient are Modern Manufacturing Methods?
New analysis from MIT has uncovered some alarming figures that indicate manufacturing methods are "spectacularly inefficient in their use of energy and materials."
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April 20, 2009
Weekly Industry Crib Sheet: Promising Signs Amidst Tough Times
Plus: The EPA last week declared in no uncertain terms that greenhouse gas emissions are putting the public's health at risk, setting the stage for unprecedented action.
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April 17, 2009
Light Friday: What the Bailout Looks Like in $100 Bills...
...Wooden Roadster, Orbital Treadmills, a Solar-Powered City, the Google Crystal Ball and MORE.
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April 16, 2009
U.S. Economy Falling at Slower Rate (is Still an Economy Falling)
The Federal Reserve's snapshot of business conditions around the nation, reported yesterday, suggests that a slide in areas such as manufacturing could be slowing.
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April 15, 2009
Americans Losing Sleep Over Economy
One-third of Americans are suffering from insomnia, affecting worker health and job satisfaction as well as business productivity and turnover rates, a new National Sleep Foundation report has found.
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April 14, 2009
6 Nature-Inspired Innovations
For centuries, scientists and engineers have mined nature for ideas in developing revolutionary new materials, products and processes - a practice that continues today.
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Sustainability Initiatives Spur Green Packaging Growth
Green packaging is on the rise, and experts say this upward trend will continue at least until 2013. Is this the result of consumer demand or brand owners pushing green?
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Scientists Claim Cold Fusion Breakthrough
Researchers at a U.S. Navy laboratory have unveiled what they call "significant" evidence of a potential energy source that supposedly doesn't exist: cold fusion.
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The Jungle in the Workplace
If your office sometimes feels like an animal house, you may not be far off the mark. Several studies show similarities between people functioning in the business world and animals coping in the wild.
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Net-Zero Energy, High-Performance Buildings
The National Science and Technology Council has proposed a framework of new technologies, protocols and practices for the large-scale development of net-zero, high-performance buildings.
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Tips for Improving Product Development
When it comes to having a properly managed product development process, every business can benefit from inspection of its methods and continuous improvement.
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How to Give (and Know You're Giving) Good Customer Service
Good customer service can mean the difference between a solid client base and losing market share. But how do you know if your customer-response channels and retention strategies are doing their job?
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The Long-Distance Job Hunt
As more people look for work among fewer available positions, job seekers may choose to expand their search by considering relocation.
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Recommended Reading
In Dealing with Darwin, management consultant Geoffrey Moore argues that the companies that will win the scarce resources of customer purchases will be those that tie innovation to concrete business goals.
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April 13, 2009
Weekly Industry Crib Sheet: "Good GM"/"Bad GM" Plan Under Consideration
Plus: Treasury Guarantees Auto Supplier Payments, Older Workers Stay Unemployed Longer, Food Safety Progress Plateaus and MORE.
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April 10, 2009
Light Friday: Odd Energy Generators and Elements in Slow Motion...
Plus the General Motors/Segway "PUMA" Transport Unveiled and, Per the People's Vote, a Hubble Photo of a Triple Galaxy 400 Million Light Years Away.
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April 9, 2009
Signs of a Credit Thaw Sparks Optimism
A reported two-month improvement of credit conditions in March gives hope to credit-strapped businesses for the unfreezing of bank lending.
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April 8, 2009
Unemployment's Impact on H-1B Visas
As the country bears through a severe recession and an 8.5 percent unemployment rate, H-1B visas are coming under attack.
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April 7, 2009
Managing Contractual Workers
The percentage of work being allocated to contract labor has grown significantly as companies trim down their overall workforce. Here we look at how to manage contingent labor and avoid tax pitfalls.
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April 6, 2009
Weekly Industry Crib Sheet: G-20 Leaders Pledge $1.1 Trillion for Global Crisis...
Plus: Trade Barriers, Positions and Partners; New-Vehicle Sales in March; Global IT Spending Forecast; American Jobs Hammered; and Severance Packages in 2009 vs. 2001.
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April 3, 2009
Light Friday: Off-the-Wall Tax Deductions and Accidental Inventions...
Plus: The World's Largest Train Set, the Colbert Space Station Module and Did Smiles Lead to the Economy's Collapse?
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April 2, 2009
March Manufacturing Shows Signs of Stability
Although factory activity in the United States shrank last month, the rapid decline in manufacturing appears to have moderated somewhat. Some signs of encouragement can be found in new orders for U.S.-made goods.
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April 1, 2009
Spotting a Troubled Supplier
With businesses uncertain of their future, buyers are in a precarious situation. Companies must constantly monitor their suppliers' financial health to be able to react before one of them goes under.
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March 31, 2009
Science Making Sci-Fi Reality
Whether flying cars or powered exoskeleton suits, some science fiction may be closer to reality than you think.
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Do Imaginative Offices Inspire Creativity?
Research shows that innovative, even unusual, office designs create a work environment that promotes creativity. Perhaps it's time to splash some bright paint on the walls.
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Snake Milking and 7 Other Odd Jobs
Pet food testers, light benders and snake milkers - there is no shortage of offbeat jobs people do today. Here we look at eight odd occupations.
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Outrageous Excuses for Missing Work
Most of us have been tardy or absent due to traffic or family obligations, but few of us have ever used bingo or chickens' feet as actual excuses for missing work.
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Guerrilla Marketing: Advertising on the Sly
Hoping to stand out from the daily barrage of advertising, marketers turn to guerrilla marketing to position their product as unique. Are these unorthodox tactics right for your business?
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2009 Global R&D Outlook
In recent years, global effects have slowed R&D growth. Nonetheless, a number of signs point to increased spending in the R&D field for the coming year.
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The Science Behind Springtime
Spring is here in the Northern Hemisphere. But just how do flowers know when to bloom, and what effect does the seasonal change have on employees? Here's some springtime science to explain.
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Why Ayn Rand Persists in Business
Russian-born novelist Ayn Rand died over a quarter century ago, yet her books and her Objectivist philosophy are debated in business circles regularly, particularly in tumultuous economies.
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Recommended Reading
In 1925, British explorer Percy Fawcett embarked on a search to find the site of an ancient Amazonian civilization that may or may not have existed. He never returned. The Lost City of Z sets out to solve "the greatest exploration mystery of the 20th century."
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March 30, 2009
Weekly Industry Crib Sheet: Retooling GM and Chrysler
Plus: China Proposes a New Global Currency, EPA Finds Carbon Dioxide Dangerous, Consumer Spending Dives as Incomes Fall, Treasury to Clean Up Wall Street and MORE.
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March 27, 2009
Pitchfork Friday: Executive Bonuses at Failed Firms? Cue the Public Outrage
Plus: The Other Madoff's Newly Frozen Assets and Retro Motorama.
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March 26, 2009
February Durable Goods Orders Buck Downward Trend
A sudden, unexpected uptick in durable goods orders last month have some economists optimistic that the recession will turn around sooner than previously predicted. Others, however, remain skeptical.
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March 25, 2009
Which Car Brand is the Most Reliable?
New findings measure problems experienced by the original owners of vehicles after three years. Which automaker(s) took the top spot in 2009? And which made the biggest gains in long-term dependability improvement?
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March 24, 2009
Steel Shipments and Output Continue to Slide
Dismal economic indicators have led customers to buy only as much metal as needed, keeping steel shipments down and output low.
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March 23, 2009
Weekly Industry Crib Sheet: Boosting Small Business Lending...
Plus: Fed Boosts Balance Sheet, Treasury Offers Billions to Auto Suppliers, a 90 Percent Tax on Big Bonuses and MORE.
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March 19, 2009
Light Friday: IRS to Fill Out Your Tax Forms for Free
Plus, a Video-Recording Eye, a Data-Storing Finger, Sugary Solar Cells and Photos Taken from Space with an $81 Camera.
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Worse for Business: Lack of Credit or Demand?
How much of the deepening downturn is a direct result of the credit crunch, and how much is the result of indirect causes such as dwindling consumer spending out of fear the recession will worsen?
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March 18, 2009
Housing Construction Soars in February
After almost a year of little to no growth in housing starts, last month saw an increase in both housing construction and new building permits.
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March 17, 2009
Sustainable Goods Surviving Recession
In the midst of the recession, consumers are still buying "green" goods, even if they may cost more. Significant opportunities remain for businesses providing environmentally responsible products and services.
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Inside Obama's Energy Budget
The president's proposed spending bill for the 2010 budget year marks a dramatic shift away from support for fossil fuels to new renewable and "green" energy. Here are highlights.
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If Oil Costs Less, Why Does Gas Cost More?
Gasoline prices continue to increase even as crude oil prices drop. Clearly, there is more to gas prices than simply the price of oil. What are you paying for?
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Managing Energy in Process Industries
The process industries, like others, have been feeling the effect of high energy prices on operating costs and profits. As a result, manufacturers are taking a closer look at energy management.
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Carbon Tax vs. Cap and Trade
The debate is heating up: Impose a nationwide carbon tax or implement a cap-and-trade system to curb carbon dioxide emissions?
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Tech Trends Affecting Your Business in 2009
Companies looking to grow their business through technology need to keep up with the latest trends or risk being left behind. Here we look at some tech trends for 2009.
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Sourcing Comes Back Home
New research reveals a growing trend of North American manufacturers opting to bring once-outsourced functions closer to home to avoid hidden costs and complexities.
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Seal the Deal with References
After perfecting your cover letter, résumé and job interview skills, don't let poor references leave a bad last impression on potential employers.
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Recommended Reading
In Eco Barons, Pulitzer Prize-winner Edward Humes profiles the idealistic environmentalists who have quietly dedicated their lives and their fortunes to pioneering clean and green technologies.
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March 16, 2009
Weekly Industry Crib Sheet: Trade Gap Narrows and Output Falls...
Plus: GM Rescinds Latest Loan Request, European Bank Lends Billions to Automakers, Organizations Offer "Recession Prices" (Free Stuff) and MORE.
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March 13, 2009
Prelude to St. Patrick's Day: Irish Industry and Business
Do you know the leading U.S. producer of (corned) beef and cabbage? Or the estimated spending on St. Patrick's Day celebrations this year? Find out these and other facts about Irish and Irish-American industry.
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March 12, 2009
Companies Cutting Back on Health Benefits
Battling ongoing health care cost pressures, many employers are reconsidering their roles as health care benefits providers. Nearly 20 percent are moving away from providing health care sponsorship in 2009.
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March 11, 2009
Peanut Recall Sparks Large-Scale Food Safety Concerns
Spurred by a deadly salmonella outbreak traced to a Georgia peanut processing plant early this year, attention is again being called to food safety practices.
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March 10, 2009
Keeping Logistics Costs in Check
To combat the rising costs of logistics, companies should reassess each aspect of their transportation and logistics strategy. Here are six factors to consider.
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March 9, 2009
Weekly Industry Crib Sheet: The Employment Situation
Despite continued widespread job losses across industries and a dim outlook for near-term employment, we are beginning to see more hopeful perspectives on future job openings and the skilled workers needed to fill those positions.
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March 6, 2009
Light Friday: Pharmacist Launches Local Stimulus Package...
...Insurance Workers Win Big, Brits Find New Ways to Say "Pay Cut," CDC Warns of Dangerous Virus and MORE.
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March 5, 2009
Back to Work on Patent Reform
Patent reform legislation has now been introduced in both the House and the Senate. The provisions call for major reform and build on previously stalled measures designed to curb lawsuits and damages.
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March 4, 2009
Homeland Security to Miss Cargo Scanning Deadline
Due to logistical and diplomatic concerns among shippers, carriers and foreign governments, the Department of Homeland Security says it will not meet the 2012 deadline to scan all cargo bound for U.S. seaports.
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March 3, 2009
Recession's Impact on Heavy Industry
With industrial customers cutting back on capital spending worldwide, equipment orders are decelerating in a number of end markets, from construction machinery to base metals.
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Buy or Lease Equipment: How Do You Decide?
Whether home-based, online or traditional brick-and-mortar establishments, all small businesses have at least one concern in common: lease or buy equipment?
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Optimistic Outlook for Agricultural Machinery
In sharp contrast to most other sectors, agricultural machinery manufacturers remain positive about 2009. Already, farm debt-to-asset ratios are at an all-time low while farms continue to invest in equipment.
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Stimulus Aims to Staunch Industry Job Losses
The deepening global downturn has left more Americans unemployed than in nearly 30 years. The speed and scale of recent layoffs are staggering, but heavy industry jobs have been hit particularly hard.
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Tech in Future Mining
Emerging technologies are aiding the mining sector in finding new processes, improving safety and discovering untapped resources.
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H-1B Visa Concerns on the Rise
The $787 billion economic stimulus plan signed into law last month includes a provision that will make it more complicated for some companies to hire foreign workers on H-1B visas.
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Is Clean Coal Technology Working Yet?
Swedish utility Vattenfall has been running its carbon dioxide-sequestering technology in a real coal-fired power plant for almost six months. What does the pilot program tell us about the state of "clean coal" technology?
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How to Craft an Effective Cover Letter
A cover letter is usually the first (and sometimes the last) opportunity to leave a good impression on employers. Here we offer some suggestions for crafting and presenting a memorable cover letter.
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Recommended Reading
Geoffrey Moore's Crossing the Chasm describes how high-tech products initially sell well, mainly to a technically literate customer base, but then hit a lull as marketers try to cross the chasm to mainstream buyers.
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March 2, 2009
Weekly Industry Crib Sheet: AIG Back for More...
... Obama Reveals Budget, Toyota and GM Struggle, UK Manufacturing Output Falls and MORE.
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February 27, 2009
Light Friday: Top 3 Rants of the Financial Crisis (So Far)
Plus: The Math Formula that Ruined Our Economy, the Short and Simple Story of the Credit Crisis, Offshoring Childcare and MORE.

