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Mark Smith
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In the period from 2000 to 2008, NAPL’s measure of industry sales shows that the group it defines as “leaders” enjoyed a cumulative growth in sales of 71.6 percent, compared to 8.2 percent for the rest of industry companies. The gap started to widen at the beginning of the 2001-2003 recession and greatly accelerated with the rebound.
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Mark Smith
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