FABTECH Webinar Addresses Business Outlook Post-Election

President-elect Joe Biden will hit the ground running due to his past experience in Washington and the depth of experience of his Cabinet choices, said Omar Nashashibi, founding partner of the Franklin Partnership, during a FABTECH webinar last week. Expect to see a flurry of executive orders and memorandums from the new executive office regarding climate, health care and OSHA issues. First priority, however, will be COVID 19 and the economic recovery.

Trade issues will be interesting, added economist Chris Kuehl, Managing Director, Armada Corporate Intelligence. Americans forget how export-oriented the U.S. is, said Kuehl. “We export high level stuff—lots of agriculture—but the rest of it is manufacturing. We don’t export consumer goods, we import those. We export the machines that consumer goods are made with.”