INDUSTRY NEWS UPDATE
We hope everyone had very happy holidays and a happy New
Year. We’re back with an industry update
– read on to see what’s been happening in the cabinet industry.
Chinese Factories Cut
Prices, Lay Off Workers in Trade War
According to a recent piece in Industry Week, 86% of
companies affected by US Tariffs reported a decline in orders. While President
Trump and President Xi have agreed on a 90-day truce, it is not known when a
final agreement will be reached. A report from UBS Group AG predicts that
Chinese export growth will slow to 4% in 2019 from 11% this year - good news
for American manufacturers.
Click here to read
more.
Proposed Narrower CWA
Jurisdiction
On December 11, EPA unveiled its proposal to rollback the Obama-era
Clean Water Act (CWA) jurisdiction to limit the laws reach of tributaries and
wetlands. The new rule, developed jointly with the Army Corps of Engineers,
will be much more limited and much simpler in practice than the 2015
jurisdiction rule crafted by the Obama administration, which Republicans and
industry have long claimed is illegally over-broad.
Click here to read
the full proposed rule.
White House Announces
Five-Year STEM Strategic Plan
Last month the White House announced a five-year
STEM (Science, Technology, Engineering and Mathematics) strategic plan. The
plan's goals include building a strong STEM foundation for all Americans,
creating equal access across the country with a focus on diverse populations
and preparing the workforce of the future to be STEM ready.
The White House's STEM strategy complements industry efforts
to address the skills gap in manufacturing such as Manufacturing Day and other
programs. The hope is that the new plan will continue to show students the
opportunities that await them in a career in manufacturing.
Click here to read
more about the plan.
Photo courtesy of ALEX BRANDO/AP |
2019 Predictions - Cabinet Color Trends
Check out our latest blog on kitchen cabinet color trends
for 2019. We talk about whether or not white cabinets are finally a thing of
the past; if colored cabinets will be in; and much more. Read it now to check
out what we found out about what colors will be hot in cabinets next year.
Also don't miss our other 2019 predictions blog posts - kitchen design trends and manufacturing technology trends.
Also don't miss our other 2019 predictions blog posts - kitchen design trends and manufacturing technology trends.
Photo courtesy of 2020. |
KCMA is always on
the lookout to bring you the latest news and advocate for you in the industry.
If you would like to learn more about being a member of KCMA and getting access
to exclusive member news, insights, research and webinars visit our website.
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