January 10 2011
Volume 41, Issue 1 - 2011 Economic Forecast and Political Outlook
41
1
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For many, this recovery has not felt like what most expected when the recession ended.
“The economy’s grown over the past five quarters, but not at a rate that gives somebody a feeling of a real recovery,” said Don Norman, economist for MAPI/Manufacturers Alliance in the recent MDM Webcast, the 2011 Economic Forecast.
“In fact, the pace of recovery is somewhat of an anomaly. Sharp recessions in the post-World War II period have usually been accompanied by a very sharp recovery. The difference this time is the nature of the cause.
“Namely we had a financial crisis.”
Norman, in his forecast for the manufacturing sector, says he expects a modest recovery in 2011.
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After a contentious legislative session in 2010, a changing of the guard in the U.S. House of Representatives presents a new slate of questions about the direction of legislation and regulation in 2011. What does it mean for business? “Nobody really knows for sure,” says Jade West, senior vice president – government relations for the National Association of Wholesaler-Distributors.
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Looking back at issues on Modern Distribution Management at that time provides a clear reminder that we’ve been here before, and due to the cyclical nature of business, we may face similar issues in the future.
Here are some excerpts from articles that appeared in 2002, providing perspective and thoughts to consider as you formulate your strategy for 2011 and beyond. The full copy of these articles from the MDM Archives are linked below.
- Premium
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For many, this recovery has not felt like what most expected when the recession ended.
“The economy’s grown over the past five quarters, but not at a rate that gives somebody a feeling of a real recovery,” said Don Norman, economist for MAPI/Manufacturers Alliance in the recent MDM Webcast, the 2011 Economic Forecast.
“In fact, the pace of recovery is somewhat of an anomaly. Sharp recessions in the post-World War II period have usually been accompanied by a very sharp recovery. The difference this time is the nature of the cause.
“Namely we had a financial crisis.”
Norman, in his forecast for the manufacturing sector, says he expects a modest recovery in 2011.
- Premium
After a contentious legislative session in 2010, a changing of the guard in the U.S. House of Representatives presents a new slate of questions about the direction of legislation and regulation in 2011. What does it mean for business? “Nobody really knows for sure,” says Jade West, senior vice president – government relations for the National Association of Wholesaler-Distributors.
- Premium
- Premium
Looking back at issues on Modern Distribution Management at that time provides a clear reminder that we’ve been here before, and due to the cyclical nature of business, we may face similar issues in the future.
Here are some excerpts from articles that appeared in 2002, providing perspective and thoughts to consider as you formulate your strategy for 2011 and beyond. The full copy of these articles from the MDM Archives are linked below.
- Premium