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Where Valves Are Used: On the Sea and Under the Ground

Valve Magazine takes a look at the roles valves and actuators play in two unique industry segments—marine and mining.

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Severe Service Valves Respond to New Pressures

Valves are called upon to respond to increasingly difficult conditions.

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Engineering Challenges for Flow Control of Reclaimed Water

Opportunities and challenges for the growing use of reclaimed water for irrigation and other purposes.

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The True Meaning of Double Block and Bleed

Rudy Garza of Exxon Mobil Upstream explains that while many think their block and bleed valves provide double isolation, they don’t—and that could be dangerous.

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Spotlight on Suppliers

Check out the sampling of new products from some of many suppliers that serve valve, actuator and control manufacturers.

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WEB EXCLUSIVE

A Wall Street Perspective: Indicators ‘Paint a Mixed Picture'

Written by Genilee Parente, Managing Editor, Valve Magazine
Monday, 23 August 2010 10:41
Wall Street expert Michael Halloran, vice president for Robert W. Baird and Company, believes there is no double dip recession in sight, a sentiment echoed by other economists at VMA's Market Outlook Workshop, held Aug. 12-13 in San Francisco. He also said that overall, the U.S recession ended in the third quarter of 2009 and indicators are that the nation is now in a recovery and acceleration mode, though he said indicators "paint a mixed picture" of how soon that recovery will arrive. "We are headed in the right direction," but will see only moderate growth rates heading into early 2011, then a normalized recovery rate from that point on, he predicted. On Wall Street, industrial sectors during this economic slowdown have outperformed most other end markets, particularly the consumer markets, Halloran pointed out. U.S. industrial production reached a trough of -13.3% in June 2009, turned positive in March of 2010 and is now accelerating. Global industrial production reached its trough in about March of 2009 and turned positive in January of 2010.
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