ASA Insights
Oct. 24, 2013

Young Execs to Drive Employment Push
Supply House Times
A reoccurring theme of late in the PHCP/PVF wholesale distribution industry has been the need to attract young talent into the workforce. ASA is taking a proactive approach on that subject by establishing a comprehensive initiative to help ASA member distributors and manufacturers find qualified young workers through a number of different strategic avenues.More

LAST CALL for Industry Trainers!
American Supply Association
Calling all industry trainers! This Tuesday, Oct. 29, ASA will conduct a meeting of its Trainers Networking Council at the Chicago Marriott Suites O'Hare Hotel from 10 a.m. to 2:30 p.m. As markets stabilize and even improve, the industry faces a very bright future — a future full of unfamiliar, and in many cases, untapped opportunity. What better time for this group to re-engage! REGISTER NOW to connect, network and stay informed and ahead of industry trends. Contact Ruth Mitchell with any last-minute registration questions at 630-467-0000, ext. 210.More

MwDA Annual Meeting & Dinner Monday, Nov. 18
Midwest Distributors Association
The Midwest Distributors Association (MwDA) will host its 2013 Annual Meeting & Dinner on Monday, Nov. 18, at Ditka's Restaurant in Oak Brook Terrace, Ill. Michael Halloran, CFA, Senior Research Analyst – Process Controls for R. W. Baird Co. Inc., has accepted our invitation to share his team's outlook and analysis of end-user markets for both the PHCP and industrial PVF segments of our industry. All MwDA members as well as channel partners from throughout the Midwest are strongly encouraged to participate. The deadline to RSVP is Monday, Nov. 11.More

Answers to Your Questions About Compensation, Benefits
American Supply Association
Next spring, ASA and its independent regional affiliates will release a comprehensive employee and executive compensation report. This will be the first time since 2010 that this kind of data will be available for the PHCP and industrial PVF wholesale-distribution channel. Data collection will begin in early January, and ALL wholesaler members will receive a copy of the final report in exchange for completing the survey questionnaire — at no fee. Watch for more details in the coming weeks.More

Beschloss: 2014 Economy Still Convalescent
The Desert Sun
In the wake of the arm wrestling between President Barack Obama and Senate Majority Leader Harry Reid on the one hand and House Speaker John Boehner and the GOP on the other, this exaggerated "shutdown crisis" will have little, if any, influence on the 2014 U.S. economy.More

Will US Hiring Accelerate If Economy Doesn't?
The Associated Press via Industrial Distribution
The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away. Employers will likely remain slow to hire as long as the economy struggles to accelerate, consumers limit their spending and Congress keeps putting off a resolution to a budget fight that will resurface early next year.More

August Construction Spending Up 7.1% From Year Before
Modern Distribution Management
Construction spending in August 2013 was estimated at a seasonally adjusted annual rate of $915.1 billion, 0.6% above July and 7.1% above August 2012. During the first eight months of the year, construction spending was $581.9 billion, 5.9% above the same period in 2012.More

Copper Futures Advance on Outlook for Demand in China
Copper futures rose after stronger economic growth bolstered the outlook for demand in China, the world's largest consumer of the metal.More

'Manufacturing' American Growth For More Than 40 Years
Fox Business
Fox Business' Kate Rogers speaks with C&A Tool vice president Rob Marr on how the company has continued to grow, even throughout the recession.More