Word: schueppert
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...course. Foreign demand for U.S. products, spurred by the strength of foreign currencies in relation to the weak dollar, has created a boomlet for some manufacturing firms. "If we didn't read about it in the newspapers, we wouldn't know a recession has been going on," says George Schueppert, chief financial officer of CBI Industries, an energy- equipment company that has totted up $1.5 billion worth of new orders this year, largely from Asia and Latin America. But merchandise exports amount to just 7% of American GNP and can scarcely drag the economy out of the doldrums single-handedly...
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