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Home » Economist predicts slowdown in 2014, followed by three straight years of growth
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Economist predicts slowdown in 2014, followed by three straight years of growth

October 22, 2012
David Maloney
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The economy should grow slowly through the first half of next year before retreating into a mild recession in 2014, an economist told attendees last Thursday at an annual conference in Little Rock, Ark., sponsored by the Hytrol Conveyor Co.

Alan Beaulieu, president and principal of ITR Economics, said he expects a mild recession in 2014, followed by three consecutive years of good growth. Beaulieu said the next serious downturn would likely not occur until around 2019. He added, however, that it would probably not be as severe as the "Great Recession" of 2008–09.

The conference brought together Hytrol's integration partners.

Material Handling Conveyors Business Management & Finance
KEYWORDS Hytrol Conveyor Co. Inc.
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Davidmaloney
David Maloney has been a journalist for more than 35 years and is currently the editorial director for DC Velocity and Supply Chain Quarterly magazines. In this role, he is responsible for the editorial content of both brands of Agile Business Media. Dave joined DC Velocity in April of 2004. Prior to that, he was a senior editor for Modern Materials Handling magazine. Dave also has extensive experience as a broadcast journalist. Before writing for supply chain publications, he was a journalist, television producer and director in Pittsburgh. Dave combines a background of reporting on logistics with his video production experience to bring new opportunities to DC Velocity readers, including web videos highlighting top distribution and logistics facilities, webcasts and other cross-media projects. He continues to live and work in the Pittsburgh area.

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