ASA Insights
Oct. 4, 2012

ASA Reaches Net Membership Growth for First Time in Decades
American Supply Association
After dealing with industry consolidation for over 10 years as well as one of the worst economies in more than half a century, the American Supply Association reached net membership growth in 2012. This is a milestone that has not been seen in decades. "People are talking about the new relevance of ASA and that certainly has made it easier to convince owners to join us," said ASA Executive Vice President Michael Adelizzi. "They see us doing some really remarkable things, including the rapid expansion of our educational programming and our efforts fighting for them in Washington. Joining ASA is viewed as an excellent investment."More

ASA Strengthens Partnership with Affiliated Distributors
American Supply Association
This week, the American Supply Association took another step in solidifying its partnership with Affiliated Distributors to advance advocacy, benchmarking, education and networking for the PHCP and PVF industry. Mike Adelizzi, Amy Black and Chris Murin participated in conference appointment sessions at A-D's 2012 PHCP North American Meeting in Grapevine, Texas, for face-to-face meetings with members and prospective members alike. "ASA's partnerships with the industry buying groups have definitely worked to strengthen the organization's value proposition," said Mike Adelizzi. Amy Black added, "This meeting continues to be a great opportunity to speak directly with wholesalers to better understand their specific training needs, and show them how ASA University can help to meet those needs."More

Conference Appointment Scheduler to Run Through NetworkASA 2012
American Supply Association
Attention all NetworkASA 2012 attendees! For your convenience, we are keeping the Facetime Appointment Scheduler software live and open all the way through NetworkASA 2012. This will allow last-minute changes to be made up until it is time for appointments. Click here for an updated list of participating manufacturer companies and contact Ruth Mitchell at 630-467-0000, ext. 210, for any last-minute details. As a final reminder, please remember to complete and print out your Wholesaler and Vendor Conference Appointments schedule to take with you to your meetings. We look forward to seeing you in Orlando!More

Six Takeaways from the First Presidential Debate
NationalJournal
The first debate between President Barack Obama and former Gov. Mitt Romney was like a heavyweight fight in which momentum distinctly ebbed and flowed. In the end, Romney won solidly on points, pulling away with a strong performance during the debate's final third while Obama's energy seemed to flag. Here are six takeaways from the encounter.More

Democratic Surge in House Races? Not So Fast
Roll Call
Conservative thinker William Kristol and the Democratic Congressional Campaign Committee usually don't see things the same way, but they seem to agree that the House of Representatives is "in play." The Weekly Standard's Kristol raised that possibility, albeit with a few caveats, more than a week ago in a blog entry, and the DCCC and its chairman, Rep. Steve Israel of New York, have been insisting for months that the party has a chance to win control of the House this year. Advocates of the "House is in play" argument point out that GOP presidential nominee Mitt Romney's prospects are sinking and Republican numbers in more than a few Senate contests have slid badly.More

US Manufacturing Grows for First Time in Four Months
The Associated Press via Industrial Distribution
U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders. The increase was a hopeful sign that the economy is improving. The Institute for Supply Management, a trade group of purchasing managers, said that its index of factory activity rose to 51.5. That's up from 49.6 in August. A reading above 50 signals growth and below indicates contraction. The index had been below that threshold from June through August. Stocks increased their gains after the report was released. The Dow Jones industrial average had been up roughly 100 points before the report came out. It jumped to 150 points up within 10 minutes of the release.More

Residential Construction Spending Stalls
Home Channel News
Construction spending during August 2012 fell slightly compared with July, according to the Department of Commerce, which estimated a 0.6% dip in a seasonally adjusted annual rate. The August figure is 6.5% above the August 2011 estimate. During the first eight months of this year, construction spending rose 9.0% higher than the same period in 2011.More

Wall Street Up on Factory Data, but Off Highs on Bernanke
Reuters
Wall Street rose Monday, lifted by stronger-than-expected expansion in U.S. manufacturing last month, although the major U.S. stock indexes slipped off session highs after the Federal Reserve chairman's remarks. The indexes trimmed earlier gains and the Nasdaq briefly turned negative as Fed Chairman Ben Bernanke defended the U.S. central bank and its ultra-loose monetary policy as it aims to reduce unemployment.More

Copper Declines as China, Japan Data Add to Signs of Slowdown
Bloomberg
Copper dropped for the first time in three days after China's factory output shrank and Japan's largest manufacturers said they were pessimistic amid the global economic slowdown that has sapped export demand. Copper for delivery in three months lost as much as 0.6% to $8,155 a metric ton before trading at $8,170 on the London Metal Exchange at 4:02 p.m. in Tokyo. The metal rose 7.8 percent in September, gaining for a second month. December-delivery metal fell 0.8% to $3.7280 a pound on the Comex.More

Can Robots Bring Manufacturing Jobs Back to the US?
TIME
The U.S. manufacturing sector has been going through a transformation over the past 70 years. Manufacturing employment peaked at nearly 40 percent of the non-farm workforce during World War II and since has fallen to roughly 9 percent of the working population, according to data from the Labor Department. The total number of manufacturing jobs steadily has been more or less decreasing since the late 1970s. But recently, something strange has been happening. In the past two years, manufacturing employment actually has increased by roughly half a million.More