Industry Market Trends

Appeals Court Upholds EPA Ozone Pollution Standard

July 30, 2013

scales1Last week, a federal court upheld a 2008 air pollution standard opposed by both industry and environmental groups for different reasons after the court ruled that it adhered to both science and policy. The U.S. Court of Appeals in Washington unanimously rejected arguments that the Environmental Protection Agency’s (EPA) ozone standard for public health, which was set by former President George W. Bush, was either too restrictive or too restrictive enough. Read More

Industry Market Trends

Rising U.S. Dollar Could Put a Damper on Manufacturing Exports

July 30, 2013

Is the rising value of the U.S. dollar a good thing for American manufacturing, or does it make the sector less competitive? On the face of it, one might think a strong dollar is a positive thing. Strength is good. Higher value is good. But that's not necessarily the case in the world of manufacturing trade. Read More

Industry Market Trends

House Legislation to Improve Safety and Cut Costs of Small Aircraft

July 30, 2013

Small private aircraft have gradually become too expensive for many people who would like to own and fly them, limiting sales and preventing more rapid business growth for manufacturers. An enormous contributing factor to high prices, according to both aircraft makers and private buyers, is Federal Aviation Administration (FAA) certification costs. Read More

Industry Market Trends

The Real Crash

July 30, 2013

In The Real Crash, Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode . . . with disastrous consequences for the economy and for each of us. You might be thinking everything’s okay: the stock market is on the rise, jobs are growing, the worst of it is... Read More

Industry Market Trends

Duke Energy Investing $400 Million to Reduce Indiana Coal Emissions

July 30, 2013

The largest electric power holding company in the United States has begun construction on a $400 million project to reduce pollution at its coal-fired Cayuga, Ind. power plant. Duke Energy will refit the facility with two catalytic reduction system structures by the end of 2015. Two 200-ft structures will transform mercury into another substance that the plant’s current pollution control equipment is designed to capture. In combination with additional dry sorbent injection systems, the new equipment will annually remove about 6,000 tons of nitrogen oxide emissions, the company said -- the equivalent of emissions from about 316,000 cars. Read More

Industry Market Trends

Is the Current Pace of Economic Growth the New Normal?

July 30, 2013

President Barack Obama began his economic policy tour last week, emphasizing the need to rebuild the manufacturing base, educate the workforce, and get the economy back on track. But with unemployment over 7.5 percent for more than 54 months, is it even realistic to expect a GDP growth rate over 3 percent and unemployment under 6 percent anymore? Is this the new normal? Read More