Metals and energy suppliers had already struggled at keeping pace
with demand growth from 2002 to 2008.
As it is,
with demand growth limited, we continue to bump along the bottom with ZIRP, with the Fed's balance sheet growing bit by bit.
With demand growth slowing, the focus on revenue will ultimately have to shift toward a greater focus on increasing margins and profitability.
As such, it is likely that university - owned housing has failed to keep pace
with the demand growth.
The MIG Cos.» The Advisor newsletter observed, while national construction levels of multifamily matches well
with demand growth, certain submarkets will experience excessive building that will affect near term performance.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our
growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions
with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft
demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements
with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements
with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts
with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the
demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships
with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance
with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Poloz repeated on the weekend that he thinks this period of strong economic
growth likely is forcing companies to add workers and invest in operations to keep up
with demand.
Dennis Muilenburg, Boeing CEO, discusses the
demand for more airplanes
with the
growth of passenger air travel, the increased defense budget in the U.S. and its progress on a deal
with Embraer.
But rising labor costs and slow
growth in overseas
demand left Pan
with no choice but to sell the business to a bigger textile manufacturer
with a domestic focus, in the hope that new capital can keep it afloat.
Looser fiscal policy in the near - term while
demand is weak
with the major cuts pushed to the back of the forecast when economic
growth is likely to improve.»
For a self - professed socially responsible company, fast
growth doesn't present just the typical entrepreneurial challenges — things like maintaining product quality, keeping pace
with demand, managing cash flow, and coping
with sales shortfalls.
Much like BeeLabs,
with their focus on the mobile space, Dokkan Afkar is another example of the rapid
growth of international e-commerce and proves that there is a market
demand for creative, innovative products and services in every corner of the world.
Today, we are seeing high -
growth numbers and more rapid returns on investment
with the evolving and in -
demand digital health industry that is driving exits such as FitBit, Evolent Health and Teledoc.
«Investors can come
with demands (equity, board seats, etc.), so a smart thing to do is consider what you need the money for (new product, new markets, «supercharging»
growth, etc.) and balance what you will get,
with the trade - offs you'll have to make.
By contrast, economic
growth in Canada contracted in the first half of the year and business investment — the most important factor in
demand for imports — collapsed along
with oil prices.
«Slower economic
growth, pressure on employment and a squeeze on spending power, together
with affordability constraints, are expected to reduce housing
demand during 2017.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market
demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for
growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection
with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection
with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection
with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection
with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated
with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated
with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
In its Current Market Outlook, Boeing projects total
demand for nearly 40,000 new jets over the next 20 years — a 4 percent increase over last year's forecast —
with a large percentage of the
growth occurring in Asia.
«As VieVu enters its next phase of
growth, particularly as
demand for body - worn cameras continues to increase, this strategic partnership
with Safariland will provide us
with the resources and deep industry experience to support the expansion of our platform,» Ward said in a press release.
«It's very clear that
growth in
demand for the two - year MBA is going to be slowing and that
growth for one - year programs will be growing,» said Kellogg's Dean Sally Blount in an interview
with PoetsandQuants.
Despite this
growth, innovation in events has been stagnant, and the industry has only recently begun to engage
with new technologies to help meet the
demand of a more tech savvy event goer.
«On the path to
growth in 2018, we will continue to improve our execution, strengthen our product offerings and make the necessary investments to be competitive
with today's
demanding consumer,» CEO Jeff Gennette said in prepared remarks.
There are two main reasons for the commodity pullback, says de los Reyes: China's GDP
growth has slowed from about 11 % a year to single digits, and supply has finally caught up
with demand.
First is weak domestic
demand, the high rate of unemployment and weak household income
growth... The second is Italy's poor international competitiveness and the third is the banking sector, burdened
with a high rate of non-performing loans.»
«Apple
with slowing traction for its flagship iPhone 6S during last year saw its double - digit negative
growth being somewhat offset by relatively healthy
demand for the newer flagship iPhone 7 series in Q4 2016,» the research said.
It's now predicting, however, the economy will rebound in the second quarter
with 2.5 per cent
growth, in part because of rising foreign
demand.
«The
growth environment is clearly supportive,
with an extension of the economic
growth cycle and rising oil
demand creating the right conditions to revive the OPEC cartel,» Societe Generale said.
Weak inflation tends to correspond
with subdued
demand and excess capacity, and therefore lacklustre economic
growth.
Of course,
with rapid
growth comes cash - flow management and
demand - forecasting challenges.
But that economic
growth has come
with a rising standard of living, and workers are
demanding more pay.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain
growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations
with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient
demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination
with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed
with the U.S. Securities and Exchange Commission (the SEC).
Opportunity: Though it's still a relatively small field,
with just over 7,200 positions currently, it is poised for
growth,
with the highest projected
demand among the top 20 jobs — predictions suggest there will be 1.59 jobs for every qualified worker by 2022.
With global synchronized
growth underway and
demand outstripping supply in a number of cases, not to mention the U.S. dollar in decline and inflation on the rise, commodities are poised to be among the best performing asset classes in 2018.
Stress, as defined by the Jobs Rated methodology, is determined by 11 factors: travel, deadlines, working in the public eye, competitiveness, physical
demands, environmental conditions, hazards encountered, the life of oneself or others at risk, meeting and interacting
with customers and / or the public, and the potential for job
growth.
«Although we've now seen two consecutive quarters of strong market
growth, we believe the strong market performance has less to do
with strengthening
demand and more to do
with increased appetite from the channel for inventory,» added Linn Huang, research director, Devices & Displays.
All global markets saw
growth in July,
with domestic flight
demand rising 5.9 percent year - over-year.
With supply
growth peaking in 2018, a resurgence in
demand would again create favorable supply /
demand conditions and lift RevPar higher by 2 % per year over the next five years.
It points to years of solid, healthy
growth ahead
with an unfulfilled
demand for single detached homes.
But Japanese firms are highly capital - intensive, and «upward pressure on wages is also associated
with a stronger
demand environment and higher nominal GDP
growth and, hence, revenue
growth,» says Yamaguchi.
«Global
demand for protein and meat is growing at a rapid pace,
with an estimated worldwide market of more than a trillion dollars, including explosive
growth in China.
And
with growth slowing in the Marcellus and Utica shales as
demand increases, one could get quite optimistic about higher prices.
Though Africa has experienced impressive
growth for well over a decade now, domestic markets and intraregional economic relations have remained constrained,
with national economies driven primarily by mounting foreign
demand for the continent's natural resources and commodity exports.
The main factor driving this has been the rapid
growth in global
demand for resources,
with China in particular contributing strongly.
The only countries for whom membership —
with its attendant
demand squeeze of 2.0 — 2.5 percent of GDP — does not entail lower
growth are undeveloped economies that urgently need capital to fund domestic investment.
A direct consequence of this
growth was that the short - term liabilities associated
with the shadow banking system — repos and commercial paper — exceeded the level of
demand deposits as seen in Chart 3.
The future of the oil sands lies
with the
growth of oil
demand in Asian markets, not in American ones.
Securing the European market
with lower prices is also prudent, but it is a smaller market than Asia, both in terms of
demand and
demand growth prospects.
An aging global population in the developed world, coupled
with the emergence of a more robust healthcare services infrastructure in the developing world, will keep
demand growth in the healthcare sector on a steady upward trend for decades.
Evaluate and track the performance of marketing efforts and identify areas of potential
growth while working closely
with the development, retail, and Pure Barre On
Demand teams to further optimize strategies.
Even despite softening markets and economic uncertainty around the globe, our port still saw 1.5 per cent
growth in the first six months of this year compared to 2014,
with increases in
demand for Canadian wheat, sulphur, potash, lumber, and consumer goods.