ASA Insights
Feb. 14, 2013

Big Week in Washington as ASA Priorities Receive Attention
American Supply Association
In Washington, it's commonly understood that competing for limited attention is a fool's game, especially when one of those people happens to be the President of the United States. This week, it was probably the annual State of the Union address and the president that held the biggest spotlight. Not wanting to compete with the president's moment, members of Congress paused before introducing their new initiatives. With that behind us, today, a number of legislative priorities important to the American Supply Association were introduced in the 113th Congress.More

MwDA to Host Spring Networking Receptions in March
American Supply Association
The Midwest Distributors Association (MwDA) will host All-Industry Networking Receptions at several locations throughout the region next month.

Click here for complete details available on the ASA Industry Calendar at www.asa.net, and be sure to RSVP by March 6.More

Industry CFOs to Meet in Chicago to Identify Key Industry Trends, Performance
American Supply Association
ASA will be conducting a meeting of its CFO Networking Council on Friday, March 15, at the Omni Chicago Hotel. The council is a professional peer networking group designed to engage CFOs and others in like positions within our industry, and allows participants to connect, network, stay informed and ahead of industry trends. At the event, Tom Noon, Principal and Founder of Industry Insights, will be presenting a session titled Don't Leave Profits on the Table – Key ASA OPR Trends and Usage Tips for Profit Improvement. The session also will include an analysis of industry company profit leaders, with an emphasis on what has been learned from their successes.More

Darlington, ASA University to Offer Seven-Part Showroom Training Webinar Series
American Supply Association

All showroom personnel are invited to join Hank Darlington, author of ASA's popular Essentials of Profitable Showroom Sales© course, as he shares his knowledge on performing as a top-notch sales consultant and facilitates a Q&A period during two upcoming webinar offerings. Seven-week sessions are scheduled for March 1 – April 12 and July 10 – Aug. 21, with participants meeting once a week for 45 minutes. Click here for more information.
More

World Plumbing Day March 11
American Supply Association
World Plumbing Day, to be recognized on Monday, March 11, is an international event initiated by the World Plumbing Council to recognize the vital and largely misunderstood role that plumbing plays in everyone's daily lives. The aftermath of events such as last year's Hurricane Sandy, 2010's devastating earthquake in Haiti and the 2011 tsunami in Japan reveal how easy it is to take for granted the availability of safe drinking water and sufficient sanitation systems — until those systems cease to function properly. Click here to learn more about World Plumbing Day and what your company can do to recognize our industry's important role in keeping society healthy and safe.More

CIPH Turns 80
American Supply Association
Feb. 8 marked the 80th anniversary of the incorporation of the Canadian Institute of Plumbing & Heating (CIPH) as a national not-for-profit trade organization. In the 1930s, the "founding fathers" of CIPH recognized the need to lobby the government of Canada to amend the Dominion Housing Act to encourage renovation and housing starts. The Institute has now grown to include nine regions across Canada, representing the interests of more than 260 companies employing more than 20,000 employees, with total sales exceeding $5 billion annually.More

Mid-City Partners, Donates Equipment to Training Facility
American Supply Association
Mid-City Supply Co. Inc., of Elkhart, Ind., has partnered with rep agencies Ashworth Train & Associates and Manufacturers Marketing Inc. of Indianapolis to donate Marlo water softeners and Bradford White water heaters to the Plumbers & Pipefitters Local Union 172 in South Bend to be used in its new state-of-the-art training facility there.More

Manufacturing Technology Orders Up 2.6% in 2012
Modern Distribution Management
December U.S. manufacturing technology orders totaled $499.43 million according to AMT, The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 17.8% from November but down 9.4% when compared with the total of $550.99 million reported for December 2011. With a year-end total of $5.7 billion, 2012 was up 2.6% compared with 2011.More

Will a 'Dollar Implosion' Ignite a Currency Depression in the Foreseeable Future?
The Desert Sun
Morris Beschloss writes, "The gloom and doom purveyors that have periodically peddled gold, rare metals like platinum, and a wide range of commodities as a major substitute for dollar-based stocks and bonds, seem to have been joined by more conventional TV pundits, who are anticipating a massive dollar implosion due to an out-of-control debt, and a consequent downgrading of U.S. Treasury-related trillions of dollars in debt paper. The favorite comparison to America's current currency peril is the fact that this nation is treading the same downward path as Greece, Spain, Portugal, and other bottom-band Eurozone members."More

Manufacturing Outlook: Slow, Steady Growth
IndustryWeek
The manufacturing sector continues to grow, but at a nominal pace as it confronts ongoing challenges, according to the latest quarterly Manufacturers Alliance for Productivity and Innovation Survey on the Business Outlook. The survey's composite index is a leading indicator for the manufacturing sector. The December composite index fell to 55 from 56 in the September survey. Despite the decline — its 10th straight since reaching a record high of 81 in June 2010 — the index remains above the threshold of 50, the dividing line that separates contraction and expansion.More