2020 Industry & Economic Outlook Conference
August 11-13, 2020
9:00 AM – 12:30 PM CT each day
Registration Opening Soon
NFPA’s Industry & Economic Outlook Conference (IEOC) is an annual event for fluid power supply chain professionals and this year it’s more accessible than ever before. Split into three virtual half-day sessions on August 11-13; the 2020 IEOC will offer members the opportunity to get exclusive economic insights without having to leave the office. Registration for the conference will open mid-June.
Industry experts will share the analyses, hard data, and critical insights fluid power business leaders need to translate economic trends into competitive intelligence and successfully plan for the future. Conference content will give attendees a deeper understanding of the global economic landscape as it relates to fluid power, insights into where the fluid power industry and key customer markets are headed, as well as niche forecasts in the mobile and industrial breakout sessions.
General Session Speakers
The IEOC general session speakers address today’s leading economic and technical issues with reviews, advice, and outlooks to help assess your business environment. Slightly broader in nature, these topic areas will feature opinions and solution scenarios for the future of your business.
• Alan Beaulieu, ITR Economics
Beaulieu, an IEOC standout, will explore the future of the U.S. economy using a variety of macro-level and industry-level perspectives with an additional focus on key global economies’ effects on the U.S. marketplace.
• Alex Chausovsky, ITR Economics
Chausovsky will draw upon his insightful economic perspectives and vast ITR Economics resources to discuss everything that influences the fluid power industry, including key end use markets, related leading indicators, and a detailed industry outlook.
• Eli Lustgarten, ESL Consultants, Inc.
A long-standing IEOC favorite, Lustgarten will offer a general overview and detailed forecasts for the fluid power industry’s key end use markets, including on-highway vehicles, process machinery, construction and agricultural machinery, and many more.
• Sam Potolicchio, Director of Global and Custom Education at Georgetown University
Potolicchio will cover key geopolitical trends likely to impact businesses with global exposure, specifically those relying on trade dynamics and the free movement of talent. He will identify, discuss, and rank the top five global risks to global businesses and speculate on the future of these risks and how they may directly impact your business.
• Sergio Rebelo, Kellogg School of Management
• Michael Reid, Oxford Economics
Reid will use his extensive experience in international business and global market research to discuss a variety of international economic trends currently impacting the global marketplace and how that will impact our future economy.
Mobile/Industrial Breakout Session Speakers
Breakout session speakers include top industry experts exploring industry-specific topics related to market analysis, trends, and outlooks for mobile-related and industrial-related markets — crucial information and data for your strategic planning needs.
• Eric Starks, FTR Associates
Having spent his entire career in the truck sector, Starks will draw upon years of experience to discuss the current and future economic and technological trends in the heavy & light truck market.
• Chuck Yengst, Yengst & Associates
Yengst will rely upon more than three decades of experience and research in mobile machinery markets to provide an outlook in the fluid power industry’s top end use market, construction machinery.
• Eli Lustgarten, ESL Consultants, Inc.
Having provided a general overview and forecast for the fluid power industry’s key end use markets earlier in the program, Lustgarten will take a deep dive into the drivers and outlook surrounding our industry’s second largest end use market, agricultural machinery.
• Scott Hazelton, IHS Markit
Hazelton will use his many years of market analyst experience, and IHS Markit’s data resources, to examine how current and predicted economic conditions will affect the future of the fluid power industry’s many industrial end use markets.
• Donna Ritson, DDR Communications LLC
Ritson will rely on her extensive technology research experience in key markets for pneumatics to discuss her latest findings on sustainability initiatives in packaging and processing industries, and how these sustainability initiatives will affect end use machinery decisions, including insights for pneumatics. As a bonus, she will also include some insights into the fast-growing, but minimally automated cannabis industry, as a potential growth market.
• Pat McGibbon, Association for Manufacturing Technology (AMT)
As AMT’s Vice President of Strategic Analytics, McGibbon will examine the metalworking/machine tool market’s current standing in the U.S. economy, as well as discuss his outlook for this popular fluid power end user.
In addition to the engaging presentations, attendees will have the opportunity to network with key players in the industry through our comprehensive online platform and NFPA’s mobile event app. Though this year’s IEOC will look a bit different than in years past, NFPA is confident that these modifications will still provide the unique opportunities that connect companies to the ideas and people that are moving the fluid power industry forward.