subject: The Economic Recovery Is On the Way [print this page] Author: Data Key Communications Llc Author: Data Key Communications Llc
Dewitt, NY January 11, 2010: According to Alan Beaulieu, a leading economist with the Institute for Trend Research in Concord, New Hampshire, it appears that discussion about the economy in 2010 is wrapped up in four letters: W, V, U and X. W is used for those folks who are looking for a double-dip recession or even the onset of a full-fledged depression in the near term. Sorry, not going to happen, Beaulieu says. V recovery means a sharp rebound to early 2008 levels of activity. This theory states that the U.S. will once again be powering along on all eight cylinders in short order. Sorry, not going to happen. An X recovery means that there really is no recovery for Main Street. This is closer to reality. That leaves a U-shaped recovery, and that is what we are expectinga broad, rocky bottomed, slow turn to increased levels of activity. Why a U? Beaulieu explains that this type of recovery is consistent with current consumer and business-related activity. Neither suggests the near-term demise of the U.S. economy, but neither do they suggest robust growth anytime soon. It will take time for credit markets, businesses and consumers to recover from this long and painful economic recession. We are forecasting that the U.S. economy will experience a mild recovery in 2010, says Beaulieu. In essence, a broad trough will occur through the near term before we slowly begin to climb up the slope toward prosperity. All the talk about green shoots, record S&P 500 ascent and increased auto sales might leave you feeling that the recovery has already occurred. This has left some people wondering why the apparent good news has not quite played out in their markets or homes. They are right to wonder, he says. The recovery will not be easy to recognize. Beaulieu has more to share on the economic recovery in the current issue of Welding & Gases Today, the journal of the Gases and Welding Distributors Association (GAWDA). Take advantage of Beaulieus expert economic analysis and advice by reading The Alphabet Recovery at Welding & Gases Today Online, the leading trade journal for the welding, welding equipment, industrial gases, medical gases and specialty gases industry. The economic recovery is coming. Be prepared. For more information, contact Jeffrey Charboneau, editor of Welding & Gases Today, at editor@weldingandgasestoday.org or 315-445-2347.About the Author:
About GAWDA
Founded in 1945, the Gases and Welding Distributors Association (GAWDA) is the premier source for manufacturing knowledge, education and networking. Through its member journals (www.welding andgasestoday.org), e-magazines, newsletters and industry wiki (www.gawdawiki.org), GAWDA connects suppliers of gases and manufacturers of related equipment as well as manufacturers of welding equipment and distribution leaders, for the purpose of safely delivering optimal solutions to the users of those products. GAWDA publications are the industrys voice for all matters related to the latest technology and the most up-to-date processes spanning welding equipment and products and services related to industrial, medical, specialty and cryogenic gases. A 501(c)3 organization, GAWDA members are located throughout North America.
