ASA Insights
Sep. 13, 2012

10 Things You May Not Know About George Foreman
American Supply Association
Headlining this year's Weldbend IPD Breakfast on Friday, Oct. 19, at NetworkASA 2012 in Orlando, Fla., is Olympic gold medalist, two-time heavyweight champion, successful entrepreneur, ordained minister and noted best-selling author George Foreman. Most everyone is aware of Foreman's boxing accomplishments and that he is the face of the popular "George Foreman Grills." Click here to find out 10 things that you may not know about him. Click here for more information on all NetworkASA 2012 speakers and to register online today. See you in Orlando!More

Industry CFOs to Discuss Negotiations, Strategies and Banking Relationships Next Week
American Supply Association
Seasoned banking executive Ted Kopczynski of Citibank, N.A., will provide ASA member CFOs insight into negotiating lines of credit, ins and outs of private equity capital and strategies for building banking relationships at ASA's upcoming CFO Networking Council meeting, to be held Friday, Sept. 21, at the Chicago Marriott Magnificent Mile. Please click here or contact Margaret Bean at 630-467-0000, ext. 211, for more meeting details. More

Copper Retains Role as Outstanding Global Commodity
The Desert Sun
With the world's population of seven billion having doubled in the past 65 years, multifaceted commodity groups, (agricultural, commonplace and rare metals, fossil fuels and renewables, etc.) have played an ever-increasing role in the unprecedented growth the world has enjoyed. This has been primarily facilitated by the rapid evolution of the vast underdeveloped world. More

2012 ASA Legislative Fly-In Speaker Dubay Challenges Clinton on His Jobs Record
The Heritage Foundation
President Barack Obama argues that President Bill Clinton's economic record is proof that the current economy would grow if Congress passed the tax hikes he has long proposed. The American public should not fall for this misleading argument. The historical record is clear: The economy grew slower than it should have in the years after Clinton's 1993 tax hike. The strong economic growth that is associated with his presidency occurred only after he agreed with Congress to cut taxes in his second term.More

9 States Where the Race Will Be Won
The presidential race has narrowed to a core of nine states, a collection of margin-of-error battlegrounds spread across nearly every region. From New Hampshire in the Northeast to Nevada in the Rocky Mountain West, there is little disagreement between the two campaigns about the places where the election will be won and lost. Aside from those two swing states, there are seven others: Colorado, Florida, Iowa, North Carolina, Ohio, Virginia and Wisconsin.More

Can Good News Be Good For the Wrong Reasons?
American Supply Association
Last week, the government released the eagerly awaited monthly payroll report. It showed a modest 96,000 increase in non-farm jobs in August compared to the month before. While that number was disappointingly low, the unemployment rate showed a surprising (and positive) drop to 8.1%, which was down from 8.3% the previous month.More

Manufacturer Survey: Elections Delaying Some Companies' Spending Plans
Modern Distribution Management
Manufacturers are reporting healthy revenue projections, and strong hiring and capital spending plans, according to the semi-annual Group Outlook Survey from Prime Advantage, a buying consortium for midsize manufacturers. However, for a small portion of respondents these plans may see delays due to uncertainty about the results of the federal elections.More

Construction August Jobless Rate Falls, But Industry Adds Only 1,000 Jobs
Engineering News-Record
Construction's unemployment rate continued to head downward in August, dipping to 11.3% from July's 12.3%, but the industry posted a gain of only 1,000 jobs last month. The Bureau of Labor Statistics' latest monthly employment status report, released Sept. 7, also showed that construction's jobless rate last month was better than the 13.5% level for August 2011. But industry officials said one factor behind the construction unemployment rate's decline is that many workers have left the construction industry.More

Manufacturing in America
The Huffington Post
Hal Sirkin writes, "The U.S. is at the start of a manufacturing renaissance that will generate two to three million jobs and provide $100 billion of added economic growth over this decade. This renaissance is being sparked by a trend that is both remarkable and rational. What's remarkable is that manufacturers are starting to bring back jobs to the U.S. that just a few years ago they exported to China. What's rational is that they are doing so not out of some dewy-eyed patriotism but because it makes economic sense."More