By David A. Belforte We have all breathed a sigh of relief that the deep recession of 2008/09 is over and that industry has recovered. In the words of one industry association, “the sense of imminent financial contagion has ‘dialed down’ and world economies have drawn back from the brink.” Reality is that aggregate GDP […]
Tag: Transportation
U.S. Strong for Industrial Laser Processing
David A. Belforte The recovery from the 2008/2009 global recession was, according to experts, going to take at least three years to reach pre-recession levels. In the United States, manufacturing companies, reacting to orders from pent-up demand and delayed 2009 buying plans, found their production taxed to meet a rapidly growing order book in 2010 […]