TITLE

Lustgarten: Mid-cycle Pause Little Cause for Concern

AUTHOR(S)
Triplett, Tim
PUB. DATE
April 2007
SOURCE
Metal Center News;Apr2007, Vol. 47 Issue 5, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the economic forecasts of Eli Lustgarten, president of ESL Consultants Inc., for U.S. and metal industry. He predicted that U.S. economy and the metals market are in a mid-cycle pause, at which growth will slow down yet will remain healthy. He added that inventories, the biggest cause of recession in the metals sector, have been kept under control and money is still available. Lustgarten predicted real gross domestic product growth will be 2.7 percent in 2007.
ACCESSION #
24877160

 

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