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ICUEE 2017 Exhibit Space Sales Open
The Demo Expo showcases utility construction’s newest products and technologies

PrintExhibit space sales are open for ICUEE 2017, the International Construction and Utility Equipment Exposition. Visit the show website www.icuee.com for details on the space assignment process and deadlines for priority exhibit space selection.

ICUEE 2017 will take place October 3-5, 2017 at the Kentucky Exposition Center in Louisville, Kentucky. The biennial exhibition, also known as The Demo Expo, is the largest event for utilities and utility contractors, owned and produced by the Association of Equipment Manufacturers (AEM).

“ICUEE is where the utility construction industry meets to see and experience ‘hands-on’ the newest product innovations; exhibitors and attendees cite ICUEE as a high-quality show where they can easily connect with qualified companies,” said Tricia Mallett, show manager.

ICUEE 2017 will feature specialized exhibits pavilions for fleet management and green utilities, Ride & Drive test track for on-road equipment and technologies, and indoor Demo Stage complementing extensive in-booth product demos outdoors and indoors.

As a value-added service, ICUEE provides exhibitors with free electronic and print marketing materials to help reach customers and prospects and increase booth traffic. A variety of sponsorship and other marketing opportunities, including customized options, are also available.

What the Industry Is Saying

AEM exhibitions are industry-run with a focus on superior customer service and event technology that results in measureable ROI and a positive show experience.

A sampling from attendee and exhibitor surveys from the last ICUEE:

Exhibitors:

  • “ICUEE has always been a good show for us. Very good customer and potential customer base. The show is very well run.”
  • “Our company is new to this industry, but we were able to make some strong leads and contacts to help us in the future.”

Attendees:

  • “As a first-time attendee, I found the show was very well organized. All the (exhibitors) were very helpful in presenting their different products.”
  • “Just being at the show was a success. Being able to interact with new people and get the latest greatest information on equipment and technology.”

Attendees talk buying decisions:

  • “Made final decision on purchase (of equipment from exhibitor).”
  • “Saw several products that are very useful in our line of work … and we are likely to purchase some or all of them.”
  • “It was very beneficial in helping us with purchasing decisions for the upcoming year.”

Visit www.icuee.com for the latest show information on exhibiting and attending.

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About ICUEE – www.icuee.com  
The International Construction and Utility Equipment Exposition (ICUEE), also known as The Demo Expo, is held every two years and focuses on the job needs of utilities and utility contractors in the electric, telecommunications/cable, natural gas, water and wastewater sectors. Attendees can test-drive the latest equipment, watch live demonstrations of new products and technologies, and take advantage of best-practices industry education.

About AEM – www.aem.org
The Association of Equipment Manufacturers (AEM) is the North American-based international trade group providing innovative business development resources to advance the off-road equipment manufacturing industry in the global marketplace. AEM membership comprises more than 850 companies and more than 200 product lines in the agriculture, construction, forestry, mining and utility sectors worldwide. AEM is headquartered in Milwaukee, Wisconsin, with offices in the world capitals of Washington, D.C.; Ottawa, Canada; and Beijing, China.

Caterpillar 320F Excavator,325F Excavator,6015B Hydraulic Shovel,Grade with Assist

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Wells Fargo Economics Group Reports: Peering Into Desolation Row: The Risk of a U.S. Recession

Wells_Fargo_Securities_logoRecent market volatility and weaker data from the manufacturing sector raises the question: Is the U.S. economy heading into a recession? Based on our recession model, the chance of a recession is highly unlikely over the next six months.

Predicting the Probability of a Recession: A Probit Model

One useful method to predict the chances of a recession over the near term is to build a Probit model. A Probit model, in the present case, estimates (using a handful of predictors) the probability of a recession for a certain period in the future. Our Probit model predicts the probability of a U.S. recession during the next six months. The model utilizes the LEI, S&P 500 index and Chicago-PMI employment index among others as predictors. Our model has served us well, as it Peering Into Desolation Row: The Risk of a U.S. Recessionstarted predicting (in real-time) a significantly higher probability of recession in 2007 (58 percent probability in Q3 2007). In addition, we never joined the “double-dip” camp back in 2010-2012, largely because our Probit model never indicated a recession during that time period was likely. Using the most recent data (through December 2015), our model suggests a low chance of a U.S. recession during the next six months (1.17 percent probability, top graph).

The LEI, one of the key predictors of the model, fell 0.2 percent in December and one would expect a higher probability given the drop in the LEI. The reason behind the low probability is that the average growth rate during Q4 was 0.27 percent. Furthermore, the LEI was positive for October and November (0.5 percent for each month). Typically, if the LEI has a negative growth rate for several consecutive months (negative quarterly average) then the probability tends to move up. For instance, the Q3 average LEI was -0.05 percent and the model subsequently produced a 7.14 percent probability. In addition, other predictors of our model are also experiencing negative/weak growth rates as the S&P 500 index and employment component of Chicago-PMI are negative (middle graph). The LEI is also trending downward, however, it is Peering Into Desolation Row: The Risk of a U.S. Recessionstill positive and consistent with a lower probability of recession. All three predictors were well below zero during the past two recessions and those time periods are consistent with very high recession probabilities (middle graph). Therefore, we are comfortable saying that a recession within the next six months is unlikely.

The Conference Board produces a coincident index (CI) for the U.S. economy and the index consists of four variables: nonfarm employment, industrial production, real personal income less transfer payments and real manufacturing and trade sales. The index, as its name suggests, is a useful measure of the current state of the U.S. economy. The average growth rate of the CI for Q4 is 0.13 percent, which suggests a weak but positive growth rate for the U.S. economy. We decompose the CI using the Hodrick- Prescott (H-P) filter. One major benefit of the H-P filter is that it characterizes a series’ movement relative to the series’ long-run trend. The bottom graph shows the average deviation of the four variables from their respective long-run trends. The average value is below zero for December 2015, which suggests a weaker growth rate compared to the long-run trend. Industrial production is dragging down the average index at present, as the rest of the Peering Into Desolation Row: The Risk of a U.S. Recessionthree variables are either at or above the long-run trend growth.

In sum, our analysis suggests that the chance of a U.S. recession during the next six months is low.

Source: Federal Reserve Bank of Chicago, The Conference Board, Bloomberg LP and Wells Fargo Securities, LLC

Past and Future Innovations in America’s Infrastructure

Many of the materials and tools used to build America’s infrastructure are still utilized today, while new tools are being developed to improve America’s infrastructure for the future. In more recent years, the country’s innovations have been reflected not only on the land but also in the sky—in the airplanes and rockets that have enabled our country to connect to the rest of the world with greater swiftness and ease. While these latter accomplishments are in part attributable to advances in science, including in the use of titanium, the earlier ones described in this infographic were dependent on a few archetypal figures: industrial titans, inventors, and skilled tradesmen. Learn more about “The Tradesmen That Built America” from the following infographic compiled by Tulsa Welding School.

skilled-tradesmen-that-built-america

Applying Today’s Advanced Technologies To Improve Equipment Use

Improve Equipment Improve Equipment2