Allan Leibowitz introduces news edition #550

Inside Forkliftaction
- 2 Feb 2012 ( #550 )
<1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
It hasn't been often that we've started a month with positive economic news, but the major markets have entered February in growth mode. Latest reports from Wall Street say the market has been encouraged by optimism in recent manufacturing data which raises prospects for economic improvement. The Institute for Supply Management's manufacturing index shows that factories continue to raise output in the US while the Commerce Department reports the fifth straight month of rising construction spending.
So, buoyed by the market gains, happy February.

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Inside Forkliftaction

The year is not even a month old, and already we are seeing increased acquisition activity in the US dealer market.
One has to ponder the reasons for this surge, and no doubt, intensifying competition is a major driver. In order to prosper, dealers need critical mass, access to multiple
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