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Veterans: An Untapped Resource for Manufacturers

Veterans: An Untapped Resource for Manufacturers

“We can’t find skilled workers. What’s going to ha...

The Rationale Behind Valve Characteristics

The Rationale Behind Valve Characteristics

Back in the “early days,” we were taught that, to ...

Technical Sales: Focus on Solutions

Technical Sales: Focus on Solutions

The sale of almost any valve has a technical aspec...

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GDP Growth Slows in First Quarter of 2012

Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the first quarter of 2012 according to the "advance" estimate released by the Bureau of Economic Analysis. Analysts were anticipating something in the range of 2.6 precent. In the fourth quarter of 2011, real GDP increased 3.0 percent.

The increase in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, private inventory investment, and residential fixed investment that were partly offset by negative contributions from federal government spending, nonresidential fixed investment, and state and local government spending. Imports, which are a subtraction in the calculation of GDP, increased.

The deceleration in real GDP in the first quarter primarily reflected a deceleration in private inventory investment and a downturn in nonresidential fixed investment that were partly offset by accelerations in PCE and in exports.

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Valve Magazine Digital Edition

14 FALL CVR 160x214Inside the Fall 2014 issue…

• Market Outlook 2015
• Enhanced Oil Recovery
• Combined Cycle Power Plants
• Critical Role of Flanges

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