September 10 2007
Volume 37, Issue 17 - 09/10/2007
37
17
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  ;
What is the state of the economy?
Alan Beaulieu: The U.S. economy is in better shape than most people think it is. We have largely absorbed a significant blow in the form of the downturn in the housing market.
It is not hard to imagine that in past decades this would have sent us into a recession, but this time we have taken the hit" and are continuing to grow, albeit at a noticeably slower pace. To put this in context, the decline in ...
- Premium
  ;
No. 1 Focus on the Other Guys
Customers, employees, competitors and suppliers are facing many of the same challenges you are. Many are probably playing defense and are reluctant to make long-term commitments. They likely have reduced expectations of performance in profitability and sales growth.
  ;
Commit to sustained and improved customer service. ...
- Premium
  ;
Firms making sizable acquisitions are now having a tough time getting the loans they need to pay the agreed-upon purchase price.
  ;
As a result, several billion-dollar-plus deals are being renegotiated, including the recent HD Supply deal. The trio of private equity firms buying the $12 billion unit is now paying $8.5 billion, instead of the original price, $10.3 billion.
  ;
Seemingly overnight, banks have find it tougher to spread the risk of a loan largely due to a drop in interest from outside investors in buying some of that ...
- Premium
  ;
After training and grooming a green employee into a highly productive and valuable member of the team, employers are frequently frustrated to learn that the employee is now their chief competitor.
  ;
Of course, it's a free country and people are allowed to make a living any honest way they can. Balancing those two competing philosophies is what judges are often called upon to do.
  ;
If you are considering establishing a non-competition agreement for your employees, here are 10 things you should ...
- Premium
The National Association of Wholesaler-Distributors is one of nine organizations that filed a friend of the court" brief in the Supreme Court of Ohio in a case focused on the retroactive application of the doctrine of strict liability in product liability actions brought against non-manufacturer product sellers, including wholesalers, distributors and retailers.
Strict liability is based on the condition of a manufacturer's product rather than the conduct of the defendant.
According to NAW President Dirk Van Dongen, the association views DiCenzo as a "major, even seminal case that carries with it profound legal and economic ramifications for ...
- Premium
  ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;
2005-2006 Change in Wholesale Trade
Output per hour grew 4.3 percent, as output increased 6.6 percent and hours advanced 2.2 percent.  ; Labor productivity rose 5.1 percent in durable merchant wholesalers and increased 2.7 percent in nondurable merchant wholesalers.
Labor productivity rose in 15 of the 19 detailed wholesale trade industries in 2006, as output grew in 17 industries while ...
- Premium
The Home Depot has completed the sale of HD Supply to a trio of private equity firms -Bain Capital, Clayton Dubilier & Rice, and Carlyle Group. As announced earlier, the terms were as follows: Purchase price of $8.5 billion, The Home Depot to own a 12.5 percent equity interest for $325 million, ...
- Premium
We are at a point again in the business cycle where the national media hold a powerful tool and heavy responsibility when it comes to accurately reporting on economic trends. The danger is that one-line headlines and sound bites about recession can spook U.S. consumers into their shells and create the proverbial self-fulfilling prophecy.
The first three articles in this issue offer a few different viewpoints from economists on the state of the economy, the impact of the credit crunch," and what our readers might consider based on the current climate. We do not predict the falling of the sky. And as economist Alan Beaulieu notes in the cover story: "The U.S. economy is in better shape than most people think it is."
That's not to discount the very tough conditions ...
- Premium
Summary of  ; MDM Inflation Index for the past 12 months:
  ;
July 2007 Index 272.4
June 2007 Index 271.7
May 2007 Index 271.2
April 2007 Index 270.8
March 2007 Index 269.6
February 2007 Index 269.4
January 2007 Index 268.7
December 2006 Index  ; 267.1
November 2006 Index 266.5
October 2006 Index 265.9
September 2006 Index 265.6
August 2006 Index 265.2
July 2006 Index 264.0
Please click below to view a print-ready pdf of the  ; MDM Inflation Index for July 2007, listing the ten individual product categories ...
- Premium
  ;
July sales of durable goods were virtually unchanged from last month and were up 4.3 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.2 percent. July sales of nondurable goods were up 0.1 percent from last month and were up 10.0 percent from last year. Sales of drugs and druggists' sundries were up 1.4 percent from last month.
  ; ...
- Premium
The industrial product group listed here - Hoists - represented a market in 2006 of $495.3 million, according to estimates by Industrial Market Information, Minneapolis.
These charts show the top ten industries, by SIC code, consuming these products; and the 2006 end-user consumption of these groups sorted by the nine government market ...
- Premium
- Premium
  ;
What is the state of the economy?
Alan Beaulieu: The U.S. economy is in better shape than most people think it is. We have largely absorbed a significant blow in the form of the downturn in the housing market.
It is not hard to imagine that in past decades this would have sent us into a recession, but this time we have taken the hit" and are continuing to grow, albeit at a noticeably slower pace. To put this in context, the decline in ...
- Premium
  ;
No. 1 Focus on the Other Guys
Customers, employees, competitors and suppliers are facing many of the same challenges you are. Many are probably playing defense and are reluctant to make long-term commitments. They likely have reduced expectations of performance in profitability and sales growth.
  ;
Commit to sustained and improved customer service. ...
- Premium
  ;
Firms making sizable acquisitions are now having a tough time getting the loans they need to pay the agreed-upon purchase price.
  ;
As a result, several billion-dollar-plus deals are being renegotiated, including the recent HD Supply deal. The trio of private equity firms buying the $12 billion unit is now paying $8.5 billion, instead of the original price, $10.3 billion.
  ;
Seemingly overnight, banks have find it tougher to spread the risk of a loan largely due to a drop in interest from outside investors in buying some of that ...
- Premium
  ;
After training and grooming a green employee into a highly productive and valuable member of the team, employers are frequently frustrated to learn that the employee is now their chief competitor.
  ;
Of course, it's a free country and people are allowed to make a living any honest way they can. Balancing those two competing philosophies is what judges are often called upon to do.
  ;
If you are considering establishing a non-competition agreement for your employees, here are 10 things you should ...
- Premium
The National Association of Wholesaler-Distributors is one of nine organizations that filed a friend of the court" brief in the Supreme Court of Ohio in a case focused on the retroactive application of the doctrine of strict liability in product liability actions brought against non-manufacturer product sellers, including wholesalers, distributors and retailers.
Strict liability is based on the condition of a manufacturer's product rather than the conduct of the defendant.
According to NAW President Dirk Van Dongen, the association views DiCenzo as a "major, even seminal case that carries with it profound legal and economic ramifications for ...
- Premium
  ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;   ;
2005-2006 Change in Wholesale Trade
Output per hour grew 4.3 percent, as output increased 6.6 percent and hours advanced 2.2 percent.  ; Labor productivity rose 5.1 percent in durable merchant wholesalers and increased 2.7 percent in nondurable merchant wholesalers.
Labor productivity rose in 15 of the 19 detailed wholesale trade industries in 2006, as output grew in 17 industries while ...
- Premium
The Home Depot has completed the sale of HD Supply to a trio of private equity firms -Bain Capital, Clayton Dubilier & Rice, and Carlyle Group. As announced earlier, the terms were as follows: Purchase price of $8.5 billion, The Home Depot to own a 12.5 percent equity interest for $325 million, ...
- Premium
We are at a point again in the business cycle where the national media hold a powerful tool and heavy responsibility when it comes to accurately reporting on economic trends. The danger is that one-line headlines and sound bites about recession can spook U.S. consumers into their shells and create the proverbial self-fulfilling prophecy.
The first three articles in this issue offer a few different viewpoints from economists on the state of the economy, the impact of the credit crunch," and what our readers might consider based on the current climate. We do not predict the falling of the sky. And as economist Alan Beaulieu notes in the cover story: "The U.S. economy is in better shape than most people think it is."
That's not to discount the very tough conditions ...
- Premium
Summary of  ; MDM Inflation Index for the past 12 months:
  ;
July 2007 Index 272.4
June 2007 Index 271.7
May 2007 Index 271.2
April 2007 Index 270.8
March 2007 Index 269.6
February 2007 Index 269.4
January 2007 Index 268.7
December 2006 Index  ; 267.1
November 2006 Index 266.5
October 2006 Index 265.9
September 2006 Index 265.6
August 2006 Index 265.2
July 2006 Index 264.0
Please click below to view a print-ready pdf of the  ; MDM Inflation Index for July 2007, listing the ten individual product categories ...
- Premium
  ;
July sales of durable goods were virtually unchanged from last month and were up 4.3 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.2 percent. July sales of nondurable goods were up 0.1 percent from last month and were up 10.0 percent from last year. Sales of drugs and druggists' sundries were up 1.4 percent from last month.
  ; ...
- Premium
The industrial product group listed here - Hoists - represented a market in 2006 of $495.3 million, according to estimates by Industrial Market Information, Minneapolis.
These charts show the top ten industries, by SIC code, consuming these products; and the 2006 end-user consumption of these groups sorted by the nine government market ...
- Premium