Good Times Spawn RESEARCH, RESEARCH, RESEARCH BMG has noted a parallel trend between requests for research projects and the upside of the construction cycle. Right now, things are good and manufacturers are seeking research regarding new markets, new products and trends in the industry. Some manufacturers not currently selling to the construction market are seeking to “jump on the bandwagon,” since the level of activity in this market segment is high and they see it as very promising. It will be interesting to see if these companies can act quickly enough on the research results to move things forward and stabilize their market positions before the downturn hits, which usually starts within 18 months after the flurry of research activity. Watch for things to start turning in late 2007 or early 2008. |
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