MDM Webinars
PTDA has partnered with Modern Distribution Management to
bring you timely and relevant webinars. PTDA members receive a 15
percent discount off the price of the webinar.
The 2011 Economic Forecast
Thursday, December 9, 2010, 1-2:30 PM EST
As the economy struggles to recover from
one of the worst recessions since the Great Depression, MDM presents a
comprehensive program featuring a forecast for the manufacturing and
construction end-markets. MDM also presents benchmarks and tips for
using that data to plan for the new year. This 90-minute program will
feature a panel of industry experts with deep experience in their
respective markets.
- Construction Markets and Materials Forecast (20 minutes)
Ken Simonson, Chief Economist of the Associated General Contractors of
America, shares his insight into current conditions in construction
end-markets. He addresses trends in residential and nonresidential
markets and what they mean as we move into the first quarter of
2011.
- Manufacturing End-Market Forecast (20 minutes)
Don Norman, economist at the Manufacturers Alliance/MAPI, will review
how the economic recovery has proceeded to date and provide MAPI's
latest forecast for economic growth and for the manufacturing sector in
2011.
- Profitability Action Steps for 2011 (20 minutes)
Al Bates of Profit Planning Group provides practical tips for using
forecast and benchmark data for your 2011 planning. He will review the
impact of the economic downturn on profitability; identify what
distributors did to offset the economic challenges of the past few
years; distinguish typical from high-profit results; and suggest some
guidelines for financial prudence in the future.
- Q&A (30 minutes)
During the live event, you will have the opportunity to ask questions of
the panelists. MDM will also send out a survey before the event to
gather questions to pose to the panelists at this time.
About the Speakers
Al Bates is chairman of Boulder, CO-based Profit Planning Group.
Profit Planning Group provides four critical services to distributors:
industry-wide profitability studies providing profit and operational
benchmarks to participants; compensation studies; tailored educational
programs; and profit improvement reports, provided free to Profitability
Study clients.
Don Norman is an economist at the Manufacturers Alliance/MAPI. In
addition to writing on economic and energy issues and coordinating the
quarterly Business Outlook Survey, he is the Director of MAPI's CFO and
Financial Councils. Previously he was a Research Manager at the American
Petroleum Institute and a staff economist at the Federal Trade
Commission. He received his B.A. and Ph.D from UCLA and an M.B.A. from
George Mason University.
Ken Simonson joined the Associated General Contractors of America as
chief economist on Sept. 10, 2001. Ken has 35 years of experience
analyzing, advocating and communicating about economic and tax issues.
Before joining AGC, he was senior economic advisor in the U.S. Small
Business Administration's Office of Advocacy. Ken is a board member of
the National Tax Association and chairs a new Real Estate/Construction
Roundtable for the National Association for Business Economics. Ken has
a BA in economics from the University of Chicago, an MA in economics
from Northwestern University, and has taken advanced graduate economics
courses.
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