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From the President's Desk

An Inconvenient Truth
By Alan Beaulieu on November 27, 2019

It is not hard to find someone who will say that "we don’t manufacture anything here anymore."

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From the President's Desk

The China Trade War
By Alan Beaulieu on October 24, 2019

The US and China engaged in another round of trade talks that produced little in the way of ending the trade war. The US claimed there was a Phase I deal in place; the Chinese said there...

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From the President's Desk

Housing: Six Signs of a Better Year Ahead
By Alan Beaulieu on September 25, 2019

US Single-Unit Housing Starts are turning the corner to cyclical rise, and that is good news for us all because Starts serve as a bellwether for the entire economy. This green shoot is...

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From the President's Desk

From the President's Desk: Dollar Woes
By Alan Beaulieu on August 22, 2019

A lot has been written lately about the strength of the US dollar and the need to weaken it by means of a reduction in the federal funds target rate – the thought being that a weaker...

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From the President's Desk

From the President's Desk: How to See Around Corners
By Alan Beaulieu on July 16, 2019

The US economy, as measured by Industrial Production, is slowing down. Industrial Production is a great benchmark for most industries and most companies. Knowing when that 12/12...

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From the President's Desk

Should We Trust the Good News in the US and China?
By Alan Beaulieu on June 4, 2019

The short answer: Probably not. For instance, China’s April Retail Sales data came in very positive, potentially signaling renewed rise ahead for the economy. Yet other important signals...

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