NAPL Chief Economist Gives ‘State of the Industry’ Address at Top Management Conference

“But we are still growing,” he pointed out, “and we have been for a while. Companies that are still not participating in that growth need to quickly ask themselves why they are being left behind.”

Paparozzi noted that “rather than being inclusive, expansions are becoming increasingly exclusive. That means that we have to bring the same urgency to ‘getting it right’ during expansions as we have always brought to contractions. The return to being right is greater than ever—but so is the cost of being wrong.”