SAN ANTONIO — For years, one of the highlights of the Mechanical Contractors Association of America’s (MCAA’s) Annual Convention has been the economic forecast offered by Brian Beaulieu, CEO of ITR Economics in Manchester, New Hampshire.
Real gross domestic product (GDP) expanded by 2.6 percent on a seasonally adjusted annualized basis during the year’s second quarter, according to Associated Builders and Contractors Inc.’s (ABC) analysis of data released by the U.S. Bureau of Economic Analysis. Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity, expanded at a 5.2 percent seasonally adjusted annual rate. This follows a 7.2 percent expansion during the first quarter.
The U.S. Department of Energy (DOE) released the agency’s second annual analysis of how changes in America’s energy profile are affecting national employment in key sectors of the economy. By administering a new supplemental survey to over 30,000 energy sector employers, the Department’s 2017 U.S. Energy and Employment Report (USEER) tracked dramatic growth in several key sectors of the U.S. economy in 2016.
The global commercial refrigeration market was valued at $34.43 billion in 2015 and is likely to reach $45.06 billion by 2020, reaching a compound annual growth rate (CAGR) of 5.53 percent during the forecast period, according to a report from Technavio.
After years of declining job figures, American manufacturing may finally be back. This is further evidenced by a BLS report that announced the addition of more than 600,000 manufacturing jobs since January 2010.
Company featured in Tallahassee/Leon County’s ‘Made in Tallahassee’ campaign
June 8, 2015
Danfoss was recently named by the Economic Development Council of Tallahassee/Leon County as a featured business as part of the council’s “Made in Tallahassee: Produced Regionally, Sold Globally" initiative.
Company Continues to Expand Internationally with Help of Georgia Department of Economic Development
April 27, 2015
Triatek recently was recognized by the state of Georgia as a “Small Business Rock Star.” The company was honored at a luncheon hosted by the Georgia Department of Economic Development (GDEcD) and the Georgia Economic Developers Association (GEDA).