Browsing: forecast

GAWDA Distributors Object to Calls for Economic Instability, Project Robust Growth Across the Board: Standing athwart negative headlines and consumer sentiment, GAWDA distributors expect a big year Each year, the first Quarter Issue of Welding & Gases Today is our Annual Economic Forecast Issue. We speak with GAWDA Distributors, Suppliers (page 64), sister organizations like the American Welding Society (page 70) and Compressed Gas Association (page 72) and combine them with the quarterly ITR Economic Forecast (page 77) to paint as complete a picture of the economic outlook of the industry as we possibly can. One of the biggest lessons…

Like the GAWDA distributors, GAWDA’s supplier respondents are also going into 2024 with expectations of growth, though tempered with warnings about outside influences like continued supply chain issues, labor challenges, and the looming threat of geopolitical forces that could dampen what should be a robust year of growth. The following are responses from GAWDA suppliers across North America about their expectations for 2024. We thank all of the suppliers who participated in this year’s forecast. Be sure to check out the GAWDA Online Buyer’s Guide (buyersguide.gawdamedia.com or download the GAWDA Buyer’s Guide App from the App or Google Play Store)…

GAWDA members will have to battle through a slowdown in the second half of the year. By Steve Guglielmo and Brian Beaulieu Following three tumultuous years marked by outside influences on the business community, 2023 will see a return to a sense of normalcy in 2023. However, with that normalcy comes the prospect of a slowdown in the second half of the year. We had the opportunity to speak with GAWDA’s Chief Economist and President and CEO of ITR Economics Brian Beaulieu about what GAWDA members can expect this year. Check out the full first quarter forecast on pages 58…

Resilient, Positive, and Increasingly Automated By Gary Konarska, Executive Director and CEO of the American Welding Society (AWS) If the attendance and attitude at FABTECH 2022 is an indication of what to expect in 2023, the U.S. welding industry has a strong outlook despite a muted economic forecast. FABTECH 2022, held Nov. 8 – 10 in Atlanta, had a positive vibe among the approximately 30,000 attendees. Just like you can physically feel arc characteristics when welding, visitors felt a palpable energy and excitement at the show. Every person to whom I spoke had a positive experience, welcoming the opportunity to…

The GAWDA Consultant Program is a GAWDA member benefit that is included as part of your member dues to the association. It is consistently rated as one of the most valuable member benefits that GAWDA provides. Between the four of them, GAWDA’s consultants bring more than 100 years of industry-specific experience to the association. In the first three issues of 2022, we spoke with the consultants about a variety of topics that impacted businesses in 2022. From recently passed or upcoming legislation, to the continued impact of COVID, to an increased frequency of inspections. For our final issue of 2022,…

In response to the ongoing impacts of the COVID-19 pandemic, the Compressed Gas Association (CGA) continues to shift how we operate. We are committed to meeting our members where they are in this moment – whether they’re working from home, in the office, on the road, or on the manufacturing floor. As we move into 2021, we will continue to focus on providing industry leadership in support of our safety mission, while adopting new ways to effectively get our work done and best serve our members, our valued partners including GAWDA, and the compressed gas industry as a whole. The…

By Gary Konarska, Executive Director and CEO of the American Welding Society (AWS) During times of crisis, good business leaders control the factors they can, adapt readily and plan for life post-crisis. Our industry successfully controlled its destiny by ensuring that welding, cutting and related companies were deemed “essential businesses.” As a result, comparatively more workers retained their jobs. One might think the pandemic temporarily alleviated the shortage of skilled welders, but it actually exacerbated it in many instances, such as when one person testing positive required an entire department to self-isolate. Lack of a stable workforce has hindered organizations…

The following are responses from GAWDA suppliers across North America about what they expect to see in 2021. To see video interviews for those suppliers who participated, visit the GAWDA Media channel on YouTube or check buyersguide.gawdamedia.com to see individual company responses with embedded videos. Thank you so much to all who participated! Weldcoa expects sales to be up in 2021. “The disruptions that occurred this year didn’t cancel any projects. It put them on hold,” says President and Co-Owner Hector Villarreal. “In fact, it sped some of them up. But ultimately, I think a lot of projects that were…

After a difficult year in 2020, most distributors expect to see growth in the new year Every year in the 1st Quarter Issue of Welding & Gases Today, we reach out to all GAWDA members to try to get a sense of what the year ahead has in store. We talk to GAWDA distributors and suppliers (page 46), as well as the Chief GAWDA Economists at ITR Economics (page 68). This year, in an effort to paint an even more complete picture, we also spoke to the American Welding Society (page 56), CGA (page 58) and Consultants Buzz Campbell and…

By Steve Guglielmo and Brian Beaulieu ITR Economics CEO Brian Beaulieu is GAWDA’s Chief Economist. He and his team of economists produce the ITR Quarterly Report for each issue of Welding & Gases Today. Brian also gives a presentation at the GAWDA Annual Convention each year. ITR produces an annual  webinar describing how to use the data in the ITR Quarterly Report. GAWDA members can access this webinar on the GAWDA.org members section. This year, Brian was kind enough to discuss a wide-ranging of topics with Welding & Gases Today, including his expectation for the economy going forward, his take…