Economy
December 9, 2014
ITR Economist Forecast Sluggish 1st Half 2015
Written by John Packard
For the past four days Steel Market Update (SMU) has been attending and speaking at the HARDI annual conference in San Antonio, Texas. One of the highlights of the conference were the presentations provided by Alan Beaulieu, one of the principal partners of the Institute for Trend Research (ITR) and the chief economist for HARDI. Mr. Beaulieu’s insights and forecasts have proven to be quite valuable to HARDI wholesalers as they prepare for the future.
The good news is, “The U.S. economy is holding the world together.” He told the wholesalers that in the 3rd Quarter 2014, the wholesalers showed the best growth since 2005 which was a boom year for the HVAC industry.
