‘Meaningful’ indicators point to global recovery: analyst
May 22, 2012 | 11:13 AM
| Anne Riley
Tags
global outlook,
macroeconomic,
wire rod supply chain conference,
AMM,
American Wire Producers Association,
Anne Riley
DALLAS — The 24-hour news cycle might be projecting another global recession in the near term, but most macroeconomic indicators are actually pointing to modest growth in both the immediate future and years ahead, according to Clare W. Zempel, principal at Fox Point, Wis.-based economic analysis firm Zempel Strategic.
"If you pay attention to those headlines, you will not be ready for the continued growth the economy is likely to experience. That is the risk you face—not the risk of a recession, not the risk of a protracted recession, not the risk of the world coming to an end," Zempel told the Wire Rod Supply Chain Conference in Dallas sponsored by AMM and the American Wire Producers Association. "Yes, Greece is....
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