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Last updateThu, 20 Sep 2018 3pm

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Market Outlook 2012: The Winds of Change

vmfall11_market_outlook

Attendees at this year’s VMA Market Outlook walked into the meeting room with a bit of shell shock. The stock market fluctuated wildly in the days leading up to the Aug. 11-12 event in Boston following weeks of tough U.S. federal budget negotiations and the downgrading of the U.S. credit rating for the first time in history. Sara Johnson, senior research director of IHS Global Insight, called the events “headwinds” blowing against what had been expected. She said the year 2011 had been filled with such unusual occurrences, including the Japanese earthquake/tsunami earlier that year as well as other natural disasters and political upheavals.

SIL Made Simple

ChemicalPlant

A good deal of misunderstanding exists about what an SIL is and how it is assigned. Yet anyone involved in products that are to be used in Safety Instrumented Systems should know how this designation came to be and what it means.

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