With the economy in retreat, at least in the U.S., Europe and Japan, it's a good time to assess how the current recession will change future behavior. After the short term pain, their will be long term gain for industry in general and for machine builders in particular.
The catalyst for this slowdown was the residential real estate bubble. Favorable demographics and a raft of government incentives fueled an unsustainable rise in real estate prices. Now that the bubble has popped, consumers and investors will behave differently.
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From
'Machine Builder Forum: Heard On Discrete'