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This past March 10--12, NACM and Commercial Law League of America (CLLA) members came together at the Crystal Gateway Marriott hotel in Arlington, VA for the Annual Legislative Conference to learn how the latest developments in Washington will have an effect on their companies and the way they are doing business.
David Berson, Vice President and Chief Economist, Fannie Mae, presented attendees with an overall look at our economic situation. He stated that the recession is almost over, and then went on to say that an over-accumulation of inventories in 2000 and early 2001--which resulted in a sharp reduction of production--was to blame. "However", he continued, ...
Source: HighBeam Research, NACM and CLLA's joint Legislative Conference. (Business Credit...