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Consumer and Corporate Check Up

Posted by IMEC on Jul 22, 2022 8:26:03 AM

This article is provided by ITR Economics in partnership with IMEC.

Headlines today are full of recession fears, with mentions of falling stock prices, high inflation, and rising interest rates. To better understand whether we are actually headed toward a severe recession, let’s take a closer look at the underlying fundamentals in the economy.

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How to Foster A Gender-Inclusive Workplace

Posted by IMEC on Jun 30, 2022 9:43:30 AM

This is an original blog written by Guthrie Blechman, Lead Consultant at Holistic Index.

When creating cultural and structural commitments to creating an inclusive, and respectful workplace, establishing a gender-inclusive environment is critical. Read more to learn what it means to be gender-inclusive in your language and actions in the workplace to foster a sense of inclusion and belonging.

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Rethinking Old Hiring Rules to Achieve a Diverse Workforce

Posted by IMEC on Jun 20, 2022 12:19:23 PM

This is an original article from the NIST Manufacturing Innovation Blog.

Many manufacturers have struggled for years to hire qualified workers. The outlook is for more of the same. With an aging workforce, emerging new technologies requiring more skilled talent, and the continuing decline of trades education in high schools and community colleges, an estimated 2.1 million manufacturing jobs could go unfilled in the U.S. by 2030.

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10 Steps to Recession Proof Your Business

Posted by IMEC on Jun 7, 2022 9:00:00 AM

This article is written by OTB Solutions.

My clients are experiencing both prosperity and uncertainty. Many clients are having record-breaking sales and profits this year. Often the challenge now is meeting the growth in orders and hiring team members to support this growth. Sales leaders are happy, CEOs are happy and the shareholders are pleased we are meeting and often exceeding their growth objectives.

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Beyond Headlines: What to Do With the Latest Economic News

Posted by IMEC on May 19, 2022 2:13:39 PM

This article is provided by ITR Economics in partnership with IMEC.

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Cybersecurity and Industry 4.0 – What You Need to Know

Posted by IMEC on May 17, 2022 3:26:50 PM

This is an original article from the NIST Manufacturing Innovation Blog.

This blog is part one of a series on cybersecurity and Industry 4.0.

This morning my favorite local morning news program had an interesting segment on new slang words and what they mean. While the definitions were probably not necessary for Millennials or Generation Z, for Baby Boomers like me it was an eye-opening vocabulary lesson. I must admit I didn’t know what boujee meant, even though I had heard it a few times – like when my niece said the wine glasses I used at Thanksgiving were boujee.

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Cybersecurity for the Manufacturing Sector: Reduce Data Integrity Breaches with NIST SP 1800-10

Posted by IMEC on May 3, 2022 10:35:14 AM

This is an original article from the NIST Manufacturing Innovation Blog.

Industrial control systems (ICS) help manufacturers boost productivity, optimize efficiency and advance production lines. Historically, ICS networks were isolated from the information technology (IT) networks and internet, or “air gapped.” Today, air gapping is no longer an effective security strategy, and for various business reasons, many ICS manufacturing networks are now integrated with IT networks and connected to the internet. This makes ICS more vulnerable to cyber threats such as malware, malicious insider activity and human error.

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Is a Recession Looming? A Strong US Consumer Suggests Otherwise

Posted by IMEC on Apr 21, 2022 11:54:51 AM

This article is provided by ITR Economics in partnership with IMEC.

Consumers and businesses alike are expressing increasing concern over the possibility of a recession for the US economy in 2022 or 2023. Analysts have referenced rising interest rates, high inflation, and a brief inversion of a portion of the yield curve, among other datapoints, as evidence that may indicate upcoming contraction. We at ITR Economics are here to cut through the headlines and reassure you that the US economy will grow through at least 2024 – we do not anticipate a recession until 2026. Our forecast for US Real Gross Domestic Product (GDP) calls for a general slowing growth trend to culminate in relatively flat GDP around early 2023. The pace of growth will then pick up steam into 2024.

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2021 MEP National Network Impacts

Posted by IMEC on Apr 13, 2022 10:16:06 AM

The MEP National Network equips U.S. manufacturers with the tools and resources necessary to be competitive in today’s rapidly changing marketplace. With MEP Centers in all 50 states and Puerto Rico, U.S. manufacturers have easy access to comprehensive, proven solutions. In fiscal year (FY) 2021, the Network interacted with 34,307 manufacturers.

Below, you will find a summary of the nationwide 2021 impacts. 

To read about IMEC reported metrics for 2021, please click here

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The 6 Basics You Need for Successful Marketing

Posted by IMEC on Apr 6, 2022 11:44:55 AM

This article is written by Winsby.

From initial planning to analyzing the results

Marketing seems simple: you’re just spreading the word about your company, right? That doesn’t take much skill, right? Wrong and wrong.

Marketing requires more than just putting together an email or writing an ad. Marketing is a nuanced, multifaceted process that can overwhelm even the most successful business operators.

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