Economy
June 15, 2021
Economist Beaulieu Discusses Inflation, Demand, Business Cycle
Written by John Packard
We are all concerned about the economy. Is inflation going to return to the devastating levels seen in the late 1970s and early 1980s (for those of you who were not around at the time, we saw interest rates rise to the high teens/low 20s)? When will demand ease and what are the implications for steel prices once it does? Where are we in the business cycle and what should my company be doing to prepare for 2022 business conditions?
Steel Market Update asked Alan Beaulieu of ITR Economics to briefly answer these questions and to prepare us for what he will discuss during his presentation at this year’s SMU Steel Summit Conference.
