Reed Construction Data Includes Possibility of Recession in its Economic Forecast
Bernard M. Markstein, Norcross, Ga.-based Reed Construction Data's chief economist, recently offered a revised prediction, which includes a recession scenario, for the firm's economic forecast. "In our recession scenario, the current (third) quarter is subpar, with growth barely above zero," Markstein writes. "The next four quarters then exhibit decline, with the first and second quarters of 2012 down the most. Fourth quarter 2012 is mildly positive, with stronger growth in 2013."
For more on the revised forecast, visit the Reed Construction Data website.
Want to use this article? Click here for options!
© 2012 Penton Business Media, Inc.
Latest Articles
Garage/utility lamp
May 16, 2012 9:26 AM
Submeters
May 15, 2012 8:11 AM
DC/DC converter
May 14, 2012 8:08 PM
Trending Articles
Acceptable Use Policy blog comments powered by Disqus
advertisement
what's wrong here?
What's Wrong Here?
May 10, 2012 12:44 PM
View all What's Wrong Here?
What's Wrong Here
Sponsored By:
product spotlight
Garage/utility lamp
May 16, 2012 9:26 AM
A suitable replacement for existing high-intensity discharge (HID) or high-pressure sodium (HPS) lamps, the 52W LED-8025 garage/utility lamp is designed for low-bay applications ...
View all 2012 Product Spotlights
Free Product Info
Our Product Information site is the ultimate online resource for products and services offered by Advertisers featured in our Magazine. This service is provided as a quick and easy way to request Product Information online. Get FREE product information now.


































