Industry Market Trends

Electronics Manufacturers Continue to Struggle to Make Greener Products

June 28, 2013

greencomp1Electronics are becoming increasingly important to our way of life and our economy. According to the Consumer Electronics Association, worldwide electronics sales are expected to reach $1.11 trillion this year. The more widespread these devices become, the more concern has been raised over the way they are produced, the way they are disposed of, and their inclusion of potentially dangerous substances, which could potentially be harmful to the living environment. These concerns are manifested by a combination of regulatory action and public awareness that could potentially exert considerable influence on the industry in the years ahead. Read More

Industry Market Trends

Google's Senior VP of People: No Connection Between School and Success at Company

June 28, 2013

The following might put a scare in June grads and their parents, but one of the world's most well-known corporations says grade point averages (GPA) and test scores are useless when it comes to hiring people. Read More

Industry Market Trends

Global Steel Output Rose in May Despite Declining Capacity Utilization

June 27, 2013

The World Steel Association reported last week that crude steel production hit 136 million tonnes (Mt) in May 2013. This represents a 3.6 percent increase over April 2013, and a 2.6 percent rise over May 2012. While output made gains, total capacity utilization was down slightly. Read More

Industry Market Trends

One of the Safest Manufacturing Sectors to Increase EHS Spend

June 27, 2013

What are described as “increasingly harsh conditions for oil and gas extraction” could lead to the industry increasing its spending for environmental, health, and safety (EHS) measures by 60 percent from 2011 to 2030, according to a recent report from Lux Research.

The report states that “As recent high-profile environmental disasters have prompted increased regulatory scrutiny in the oil and gas industry, environmental, health, and safety spending in this industry is expected to increase from $35 billion in 2011 to $56 billion by 2030.” Read More

Industry Market Trends

IT Worker Confidence Dips in 2013

June 27, 2013

The June IT Employee Confidence Index indicates that confidence among U.S. tech workers declined in the first quarter of 2013, as workers expressed less confidence in their job security and employability. Nearly half (46 percent) of IT workers indicated that they are likely to look for a new job in the next 12 months. Read More

Industry Market Trends

How Can Manufacturers Reduce the Risk of Dust Fires and Explosions?

June 26, 2013

Combustible dust fires are an ever-present risk in processing industries across the country and are a much bigger problem than reported by the federal government. These combustible dust fires are often precursors to catastrophic explosions. In fact, most dust can be combustible under the right circumstances. Read More

Industry Market Trends

Can Corporate Social Responsibility Affect Stock Prices?

June 26, 2013

There are a lot of reasons U.S. companies practice corporate social responsibility (CSR). Some do it because it's the right thing to do for the environment, for the planet, and for their employees. Others admittedly do it because it's good public relations to be seen helping build a community center or cleaning up after a storm. But while CSR studies have been done from budgetary and philanthropic points of view, until now there hadn't been too much study of CSR from a purely financial point of view. Read More