December 25 2009
Volume 39, Issue 24 - 12/25/2009
39
24
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On Dec. 25, 2008, I wrote that we were transitioning into an era with "no bubbles," quoting New York Times columnist Paul Krugman.
While the housing bubble has popped, we may not yet be bubble-free. A smaller bubble may be emerging, as government spending keeps the economy propped up, and economic stimulus package funds are doled out to state and local governments for infrastructure and other large projects.
Looking forward, government spending will play a large role in the economy thanks to the worst economic downturn since the Great Depression, which undoubtedly will be the first thing to come to mind when "2009" is uttered …
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"2010 will be a year of separation: The strong will get stronger, and the weak won't," Buckley said. "This will be a time when real market share transfers could begin."
Sales for the St. Paul, MN-based diversified manufacturer have …
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During diversified manufacturer 3M's 2010 Outlook meeting earlier this month, CEO George Buckley called it a "chicken-and-egg" scenario. Determining which measure signifies recovery can be difficult. Is it when unemployment …
- Premium
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- Premium
On Dec. 25, 2008, I wrote that we were transitioning into an era with "no bubbles," quoting New York Times columnist Paul Krugman.
While the housing bubble has popped, we may not yet be bubble-free. A smaller bubble may be emerging, as government spending keeps the economy propped up, and economic stimulus package funds are doled out to state and local governments for infrastructure and other large projects.
Looking forward, government spending will play a large role in the economy thanks to the worst economic downturn since the Great Depression, which undoubtedly will be the first thing to come to mind when "2009" is uttered …
- Premium
- Premium
- Premium
"2010 will be a year of separation: The strong will get stronger, and the weak won't," Buckley said. "This will be a time when real market share transfers could begin."
Sales for the St. Paul, MN-based diversified manufacturer have …
- Premium
During diversified manufacturer 3M's 2010 Outlook meeting earlier this month, CEO George Buckley called it a "chicken-and-egg" scenario. Determining which measure signifies recovery can be difficult. Is it when unemployment …
- Premium
- Premium