Feburary 16 Educational Speaker Series and Member Networking Meeting
ISM: 2010 will be
better than 2009, but not much
(Slowly but surely is the theme)
This Educational Speaker Series and Member Networking
Meeting provided its members with a review of the recently published report, “ISM:
2010 will be better than 2009, but not much”. This semi-annual forecast
from the Institute for Supply Management predicts 2010 will see continued
recovery, but it will take time for the upturn to make a real impact.
"Slowly but surely" continues to be the theme for the economic
recovery, and will be the trend in 2010, according to the Institute for Supply
Management (ISM)'s semiannual economic forecast.
SPEAKER: Dr. John E.
Gnuschke is Director of the Bureau of Business and Economic
Research and the Center for Manpower Studies and Professor of Economics at the University of Memphis. The Bureau and the Center are
the applied business, economic, and labor market research divisions of the
Fogelman College of Business and Economics. The divisions support the research
and publication efforts of faculty members and interact with other research
organizations, government agencies, and the business community. The Bureau and
the Center rank among the top applied research divisions in the nation with
approximately $3.25 million in research contracts and approximately 40 staff
members. Dr. Gnuschke also serves as the Director of the AppliedInformationTechnologyCenter
and is Co-Director of the Center for Real Estate Research. Dr. Gnuschke
received his Ph.D. and M.A. degrees from the University
of Missouri at Columbia
and his B.S. from UtahStateUniversity.
Our
Speaker, Dr. John Gnuschke, reviewed this report and others in order to
provide us a localized view of this forecast and address these questions:
Will the 2010
recovery last? Challenges linger and the outlook is clouded by
concerns about the impact of easily observable and unexpected
changes. The traditional recovery patterns will be impacted by
lingering employment, real estate, financial and international issues to
name a few.
Can the
recovery be stronger than expected, or will the nation grow slowly and
linger on the edge of a double-dip recession?
How can we
take advantage of the changes taking place in markets around the
world?
How can we
plan for the future when it is so uncertain?
If you were unable to attend this valuable meeting and would like a copy of Dr. Gnuschke's presentation, contact Mike Babineaux, VP-Communications, at
