October, 2009
October 20, 2009
Hi and Welcome to the ELC Newsletter,
In this Special Edition of the ELC Newsletter, I provide some more information on the Institute for Trends Research economic summit held last month. Also, there is information on a timely seminar by a good friend and colleague, Tom Northup.
Dave Kinnear
CEO, dbkAssociates, Inc.
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More on the ITR Forecast
In the last release, I gave you my own summary for the Economic Summit held in September, here's the Vistage version:
Based on the movement of leading economic indicators:
- The recovery will begin around October 2009, and will be so mild that most Main Street businesses won’t trust that it’s a true recover until we are three to six months into it.
- 2010 should show a tepid, mild recovery, while the pace picks up in 2011-12.
- U.S. housing markets will reach a low in late 2009 when prices flatten. Home values may begin to rise again in 2011.
- Disinflation (a decrease in the rate of inflation) or deflation is likely to continue into 2010, while inflation returns in 2011-2012.
- Unemployment will peak in early 2010 above 9 percent nationally. Job growth should begin around September 2010.
- Credit conditions will improve somewhat in 2010, when we should see renewed lending at low interest rates.
Commodity prices will go up in late 2010 and into 2011 when industrial production will have recovered to half its 2007 levels.
Read More . . .
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Leadership Managment Group
According to Tom Northup, the old adage "If we do what we've always done we will get what we've always gotten: is no longer true. We will NOT get the same results. The market has changed and doing the same things we've done before simply won't cut it.
Company presidents, business owners, general managers and CEO's are invited to attend "Collaborative Achieveing Manager Experience" (AME) presentation on Friday 11/6/2009. Tom and Mike Weaver have put together a program where you will:
- Be briefed on the research and results behind the AME
- Be briefed on the process in detail
- Have the experience of a sample of the AME process
Read More . . .
This is an excellent opportunity and you can simply call Tom Northup to RSVP. I know his seminars fill quickly, so time is of the essence. Leadership Management Group. 1300 Bristol Street N. Suite 100, Newport Beach, California 92660 Office 949 553-9634, Mobile 949 689-4085
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