TITLE

Predictions: Risky business

AUTHOR(S)
Allegrezza, Ray
PUB. DATE
January 2007
SOURCE
Furniture/Today;1/8/2007, Vol. 31 Issue 18, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author opines that New Year predictions usually turn out wrong and cites Ken Olsen's prediction on the computer industry and Irving Fisher's on the stock market to corroborate his opinion. The author adds that predictions made for the U.S. furniture industry also often turn out to be incorrect. Nevertheless, the author presents his predictions for the furniture industry, which includes consolidations, resurgence of domestic manufacturing and increased pressures on margins and profitability.
ACCESSION #
23638080

 

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