A ‘Two-speed Economy’

Third-quarter earnings continue strong with higher prices offsetting weaker volumes and higher raw materials cost. Growth has slowed from the strong pace of early 2011, but executives say that conditions are better than macroeonomic reports and stock market volatility indicate. This week we feature comments on current conditions and the near-term outlook from CEOs at some of industry’s leading companies: “Demand from our main customer industries remained on a high level. The pace of growth, however, was, as expected, lower compared to the...

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