OPEI 03-2023 quarterly report

QUARTERLY REPORT March 2023

online or at 800-438-5800. Members can contact Director of Meetings Marla Popkin at mpopkin@opei.org with questions. Sponsorships are also available. Contact Bethany Murphy at bmurphy@opei.org or 732-804-7166 for more information.

EXPO OPENS AD SALES FOR 2023 ‘EQUIP’ ISSUE Equip Exposition has opened advertising opportunities for the 2023 edition of equip magazine, Equip Exposition’s official publication. equip is published annually

REGISTRATION OPENS FOR OPEI’S 2023 ANNUAL MEETING IN ASHEVILLE

and distributed in the fall to core audiences of landscap- ers, dealers, hardscapers, and construction professionals. It highlights what’s new at the show, and why attendees need to be in Louisville. equip magazine is the best way to promote the products and services you’ll have on offer at Equip Expo 2023. The 2022 edition expanded both print and digital distribu- tion, and sold out of ad space. Contact Bethany Murphy at bmurphy@equipexposition.com or 732-804-7166.

Registration and room blocks are now open for the Outdoor Power Equipment Institute’s 70 th Annual Meeting, to be held June 20-22 at the Omni Grove Park Inn, Asheville, N.C. Open to all OPEI members, the event features a slate of award-winning speakers, plenty of time for networking, and the annual OPEI Louisville Classic golf scramble. For registration and a full copy of the program, visit www. opei.org/asheville. “This year’s event is designed to give attendees as much time as possible to connect with one another, and to come away from the meeting with actionable ideas to improve their businesses,” said Kris Kiser, OPEI President. “Asheville is easy to get to, and close to many of our member companies, so we’re expecting a great turnout as we celebrate 70 years of connecting members.” In addition to industry updates from association staff and tours of Asheville breweries and the Biltmore Estate, the program includes a slate of engaging keynote speakers to address practical topics of leadership, the economy, and business trends, including: • Economist Alan Beaulieu – “Gauging the Risks Going Forward 2023-2024” • Ford Motor Co. Chief Futurist Sheryl Connelly – “Con- fessions of a Corporate Futurist: Coming Trends That Will Revolutionize Your Business” • Pulitzer Prize-winning Presidential Historian and Author Jon Meacham – “The Art of Leadership: Lessons From the American Presidency”

Outdoor Power Equipment Institute Market Statistics

OPEI RELEASES MARCH FORECAST On March 8 OPEI published its quarterly updated forecast of U.S. and Canadian product shipments for 2023 and 2024. The forecast also includes updated data on the macro- economic outlook since the last OPEI forecast published in December.

This is the first forecast to include separate projections for OPE powered by battery and AC/corded power. Last calen- dar year, OPEI inaugurated new forecasting for the Canadian market for which OPEI has collected member shipment data for many years. The association’s market statistics forecast subcommittee is also considering the near-term addition of pressure wash-

The hotel room block is open; reservations can be made

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