With this year still just kicking off, there are reasons to believe that 2012 has some good things in store for the laboratory industry, said author Jonathan Witonsky.
Midland, Ontario (PRWEB) March 02, 2012
The editors of Lab Manager Magazine are pleased to announce the results of its fourth annual Investment Confidence survey – to be published in the upcoming March 2012 issue of the magazine. In collaboration with business research and consulting firm Frost & Sullivan, Lab Manager Magazine surveyed lab professionals on their level of confidence in laboratory purchases and other budgeting plans based on past financial trends and what they expect for the future.
“2011 was certainly a challenging year for the industry. Though it started off strong with continued impact from stimulus dollars and the general economic recovery, the market softened again in the fall with hiring and budget freezes. But despite this last stomach drop on the roller coaster, our readers report modest optimism, with 35% of survey respondents saying they believe business conditions during the fourth quarter of 2012 will be better than they were in Q4 2011,” said editor-in-chief Pam Ahlberg.
“With this year still just kicking off, there are reasons to believe that 2012 has some good things in store for the laboratory industry,” said author Jonathan Witonsky. “While surveyed lab professionals generally have a conservative outlook for 2012, they expect their investment across just about all laboratory functions to improve compared to 2011.”
To obtain an overview of changes in lab budgets, how respondents expect their funding to change in the near future, and their level of investment confidence based on those changes, read the complete story, “Is the Roller Coaster Ride Over?,” in Lab Manager Magazine’s March 2012 issue. The article will also be available online at http://www.labmanager.com.
About Lab Manager Magazine
Lab Manager Magazine delivers practical business and technology insights to today’s lab professionals with more relevant management, financial, and purchasing information than any other industry publication. Our writers, including chemistry and biology Ph.D.s with lab management experience, know the market and know the challenges facing today’s research professional. Everyone generates content. Lab Manager Magazine provides intelligence. That’s why a growing number of lab professionals turn to Lab Manager Magazine to stay abreast of the latest technology developments, applications, comparisons, and analyses, as well as business and industry trends.
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