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Prosperity in the Age of Decline

Prosperity in the Age of Decline

In his address to VMA’s Annual Meeting in Septembe...

Understanding and Choosing Waterworks Valve Flanges

Understanding and Choosing Waterworks Valve Flanges

PART TWO: Construction and Installation

(Ed. Note: ...

Market Outlook 2015: Oil Joins Gas in the Spotlight

Market Outlook 2015: Oil Joins Gas in the Spotlight

Natural gas returned as star of the show at the 20...

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New NABE Survey Shows Increased Optimism about GDP, Fewer Price Pressures

A new survey from NABE suggests an improvement in economic conditions through higher sales and rising profit margins, continued optimism concerning real GDP growth, and continued price stability, although there are some indications of rising price pressures in wages.

“The survey results suggest increased optimism concerning real GDP growth, as well as fewer inflationary or deflationary pressures,” said Dr. Nayantara Hensel, Professor of Industry and Business at National Defense University. “About two-thirds of NABE Industry Survey panelists expect that real GDP will grow at a rate exceeding 2% between the fourth quarter of 2011 and the fourth quarter of 2012. Over 80% of respondents reported unchanged or rising sales and profit margins. The survey results also suggest greater stability in prices.”

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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