Luncheon to address how exports keep U.S. out of recession.
Press Release Summary:
Scheduled for June 2, Roundtable Luncheon will discuss current economic trends in manufacturing, export and financing of U.S. goods, how U.S. exports are keeping economy growing, and strong role financing plays in enhancing U.S. competitiveness. While housing market contributes 4% of GDP, U.S. exports account for 13% of GDP. Meeting will also address outlook for capital goods exports in remainder of 2008.
Original Press Release:
June 2 Luncheon At NAM To Address How Exports Are Keeping Country Out Of Recession
EXPORTS KEEP U.S. ECONOMY OUT OF RECESSION
ROUNDTABLE LUNCH JUNE 2
Robust Financing Boosts U.S. Exports
WHAT: Roundtable luncheon to discuss current economic trends in the manufacturing, export and financing of U.S. goods, how U.S. exports are keeping the economy growing and the strong role financing plays in enhancing U.S. manufacturing competitiveness. While the housing market contributes 4 percent of GDP, U.S. exports account for more than three times that at 13 percent of GDP. What is the outlook for capital goods exports in the remainder of 2008? Hosted by the National Association of Manufacturers (NAM), its research, education and workforce affiliate, The Manufacturing Institute and the Equipment Leasing and Finance Association (ELFA)
WHO:
Emily DeRocco, President, The Manufacturing Institute and Senior Vice President, NAM
Dave Huether, Chief Economist, NAM
Mary Andringa, President and CEO, Vermeer Corporation (medium-sized manufacturing company in Pella, IA)
The Honorable Kenneth E. Bentsen, Jr., President and CEO, Equipment Leasing and Finance Association
James J. Ambrose, President, Equipment Finance, GE Healthcare Financial Services and ELFA Chairman-Elect
WHEN: Monday, June 2, 2008
12:30 to 2:00 p.m. (Lunch will be served.)
WHERE: NAM Headquarters
1331 Pennsylvania Avenue, NW - 6th Floor
Washington, D.C. (Enter on F Street, N,W, between 13th and 14th Streets)
RSVP: Bill Canis (202) 637-3109 or bcanis@nam.org
The Equipment Leasing and Finance Association is the trade association that represents companies in the $600 billion equipment finance sector, which includes financial services companies and manufacturers engaged in financing the utilization and investment of and in capital goods. For more information, please visit www.elfaonline.org ELFA is also the premier source for statistics and analyses covering the equipment finance sector. To access ELFA's comprehensive industry information, please visit www.elfaonline.org/ind/research/
The National Association of Manufacturers is the nation's largest industrial trade association, representing small and large manufacturers in every industrial sector and in all 50 states. Headquartered in Washington, D.C., the NAM has 11 additional offices across the country. Visit the NAM's award-winning web site at www.nam.org for more information about manufacturing and the economy. The Manufacturing Institute is the research, education and workforce arm of the NAM. Visit its web site at www.nam.org/institute.
