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· Detailed Coverage Of Gas Turbine Air Intake Filters In New End User and Supplier Programs
· GDP Update Headlines – January 2014
Detailed Coverage of Gas Turbine Air Intake Filters in New End User and Supplier Programs
McIlvaine has a new decision system for gas turbine end users to help them make air intake filter decisions. A program for suppliers provides direct interface with end users plus detailed project information. A webinar on HEPA vs. medium efficiency filters is scheduled for later this spring.
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The Air Filtration & Purification World Market report is also providing more detailed market forecasts for both the high temperature and lower temperature systems. The market for these systems is expanding at double-digit rates in the U.S. Europe is ratcheting down NOx levels in future years.
For more information on the Gas Turbine and Combined Cycle Supplier Program, click on:
http://home.mcilvainecompany.com/index.php/markets/28-energy/610-59ei
For more information on Air Filtration & Purification World Market, click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/108-n022
GDP UPDATE
January 2014
TABLE OF CONTENTS
AMERICAS
United States
Mexico
ASIA
China
India
Malaysia
Philippines
Singapore
South Korea
Taiwan
EUROPE / AFRICA / MIDDLE EAST
Kuwait
Serbia
Economists have revised their fourth quarter GDP estimates after receiving the news that the U.S. trade deficit has shrunk to its lowest level since October 2009.
Oil imports fell 1.9%, helping the deficit shrink to $34.3 billion (economists were looking for the deficit to come in at $40 billion).
Now some of Wall Street's top analysts are revising their fourth quarter GDP predictions on the news…….remaining text not included.
Mexico is starting 2014 with renewed energies. After a messy year, in which Mexicans saw their GDP grow by quarters but still fail to reach the expected annual rate, President Enrique Peña Nieto’s administration is envisioning a much better outcome for this year……remaining text not included.
China's economy, the world's second largest, may have grown around 7.6% in 2013, its weakest growth since 1999, with latest economic figures indicating sluggish economic activities in the last quarter.
China's latest economic figures, especially the purchasing managers' index (PMI) in both factory activity and the services sector, indicated sagging momentum in December, with the country's growth softening slightly last quarter, economists said……remaining text not included.
Encouraged by a spurt in investment activities in the latter half of the fiscal year, Economic Affairs Secretary Arvind Mayaram has said 2013-14 is likely to end with an economic growth of about 5%.
"These are some of the numbers we are looking at, at the moment ... new investment projects have risen to 4.9% of GDP in the October-December quarter from 3.6% in the previous quarter, which means investments are now beginning to take place," he told PTI in an in an interview. ………remaining text not included.
Decreasing purchasing power in Malaysia, particularly among middle-class households, could pull down the nation's private consumption growth in 2014 potentially impacting GDP growth in Southeast Asia's third-largest economy….the remaining text is not included.
First Metro Investment Corp., the investment banking arm of the Metrobank Group, sees the economy expanding 7% to 7.5% this year, buoyed by increased public and private spending and rehabilitation efforts in calamity-affected areas.
First Metro chairman Francisco Sebastian said in a news briefing in Makati City that while 2013 was marked by destructive calamities and uncertainties in the global markets, it was the year when the Philippines achieved investment-grade status from three international credit rating agencies…..the remaining text is not included.
According to Standard Chartered, based on advance estimates, Q4 GDP grew 4.4% y/y, down slightly from 5.9% in Q3. The performance was slightly weaker than expected…..the remaining text is not included.
South Korea trimmed its growth forecast for next year while maintaining the economy will likely continue to pick up with fiscal spending at home and an international recovery.
The 2014 growth forecast was lowered to 3.9% from a June projection of 4.0%, the Ministry of Strategy and Finance said in a biannual economic outlook…..the remaining text is not included.
Principal government officials expressed their confidence that Taiwan's 2014 gross domestic product (GDP) will grow 3% in 2014, given that the global economy started to bottom out in late 2013.
The Legislative Yuan's Finance Committee reviewed amendments to the Law of Business Tax on Banks and Financial Institutions, while Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung and Minister of Finance Chang Sheng-ford responded to questions at the Legislative Yuan….the remaining text is not included.
Kuwait's non-oil GDP is expected to grow at 4.5% in 2014 and 2015 compared to last year's 4% mainly on the back of high oil prices, large fiscal and trade surpluses and government’s vast financial reserve, said a report.
However, overall GDP will decrease by 0.6% in 2014 due to a projected fall in oil production, before rising by 3.1% in 2015, stated National Bank of Kuwait (NBK) in its report.
According to NBK, the soaring oil prices, large fiscal and trade surpluses, and the government’s vast financial reserves continue to provide a positive near-term backdrop for the Kuwaiti economy, it stated………………the remaining text is not included.
A complete analysis of GDP and Monthly Updates for individual countries is included as part of.Air Filtration & Purification World Markets.
For more information on Air Filtration & Purification World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/108-n022.
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Bob McIlvaine
President
847 784 0012 ext 112
rmcilvaine@mcilvainecompany.com
