Did you know that a Band Aid is really an adhesive strip? Excellent Mythical Morning Episode 68! Comment: what brand names do you use generically? SUBSCRIBE for daily episodes: bit.ly The Spangler Effect mention was promoted on behalf of YouTube. Watch and Subscribe to the Spangler Effect: bit.ly Nilla Wafer Top Hat Time: www.youtube.com For information about sponsoring an episode of GMM, emails us at show@rhettandlink.com Enter the GMM Jingle Contest! GMM Jingle/ Smule Songify 2.0 Contest Instructions: 1. download Songify 2.0 (it?s free!): itunes.apple.com 2. download tracks (earn free coins within the app) 3. write a few lines about GMM 4. record a few different versions of you TALKING (not singing) the lines 5. name each one ?GMM Jingle ____? 6. email your favorite to us by click SHARE then email: show@rhettandlink.com * DEADLINE * : Sunday Night 4/22/12 MAIN YOUTUBE CHANNEL: youtube.com FACEBOOK: ?bit.ly TWITTER: ?bit.ly Send us stuff at our PO Box Rhett & Link PO Box 55605, Sherman Oaks, CA 91413 JOIN the RhettandLinKommunity! bit.ly Excellent Mythical Morning is available for download on iTunes! Video Podcast: bit.ly Audio Podcast: bit.ly CREDITS: Camera, PA, Editing: Jason Inman Intro/Outro music: RoyaltyFreeMusicLibrary.com ??www.royaltyfreemusiclibrary.com Microphone: The Mouse from Blue Microphones: www.bluemic.com ?????? Subscribe if you like what you see! ??????
Video Rating: 4 / 5
Los Angeles, CA (PRWEB) October 16, 2012
Over the five years to 2012, revenue for the Hand Tool Manufacturing industry is expected to grow at an annualized rate of 1.5% to roughly $ 7.8 billion, says IBISWorld industry analyst Antonio Danova. Despite this steady annualized growth, the industry has experienced significant volatility in revenue over the past five years, thanks in large part to the housing crisis in mid-2007 and the subsequent economic recession during 2008 and 2009. With fewer homeowners, the need for hand tools lessened, as construction firms cut back on projects. Moreover, as the recession struck, existing homeowners and other general consumers curtailed spending on home improvement projects and associated hand tools and other equipment. This led to losses of 9.7% and 4.0% in industry revenue in 2008 and 2009, respectively.
Nonetheless, as the economy gradually improved, the industry experienced a swift return to growth. Consumers flocked back to the market to unleash pent-up demand for buys of hand tools for home improvement projects they delayed during the recession. Additionally, growth in the huge-box retailers segment proved extremely beneficial for industry operators. While specialty retailers faltered during the downturn, huge-box retailers and other large home improvement store brands like The Home Depot and Lowe?s enticed customers with incentives. As consumers continue to buy new hand tools, the industry will experience growth of 4.3% during 2012. Overall, the Hand Tool Manufacturing industry has a low level of market share concentration. Although the industry has well-known companies Stanley Black & Decker and Snap-on, the majority of firms in the industry are small companies that operate locally or specialize in a particular type of hand tool. In the next five years, industry concentration is expected to increase slightly. During this time, the total number of enterprises is projected to fall an average of 0.6% per year to 1,010 firms. The industry is expected to consolidate as larger companies attempt to gain greater market share by purchasing smaller companies; larger companies will likely be able to expand product lines or increase their geographic scope. Additionally, companies are likely to exit the industry as operators face greater competition from imports, says Danova.
Over the next five years, the industry will start to slowly decline. A burgeoning import market will continue to cannibalize demand for domestically produced goods. Moreover, the strengthening of the dollar will make consumers more willing to buy goods produced abroad. Hand tools produced in China, Taiwan and Mexico will continue to gain steam as cheaper production costs facilitate cheaper prices for consumers. Finally, growth in input prices, such as steel, will place pressure on industry firms? bottom lines. As a result, average industry profit margins are expected to fall. To salvage some profitability, manufacturers will be forced to pass down the cost to consumers. This will hamper demand as consumers look for cheaper alternatives. With all these factors considered, IBISWorld expects industry revenue to decline over the five years to 2017. For more information, visit IBISWorlds Hand Tool Manufacturing in the US industry report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld industry Report Key Topics
This industry primarily manufactures hand tools, including mechanics? hand service tools, precision measuring tools, agricultural tools and woodcutting tools. This industry does not include power hand tools of any kind (electric or hydraulic).
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
j.r. martinez lance ball lance ball kansas city chiefs chiefs kc chiefs kc chiefs
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.