CRI Annual Membership Meeting 11/19/09

CRI Annual Membership Meeting Set for November 19, 2009. Kennesaw State University Professor of Economics Slated as Guest Speaker

This Thursday, November 19, is a big day for CRI. From 10 until 11:30 am, the Carpet and Rug Institute holds its Annual Membership Meeting at the Northwest Georgia Trade and Convention Center. CRI members and all interested parties are invited to attend.

CRI President Werner Braun will address the State of CRI, and CRI Board Chairman Ralph Boe will speak on 2009 accomplishments.

Guest Speaker is Dr. Donald Sabbarese, a professor at Kennesaw State University and Director of KSU’s Econometric Center. Dr. Sabbarese, who specializes in the area of macroeconomics and financial institutions will be speaking on the current economy and outlining various scenarios for recovery.

The title of his talk is, The Recession Ended In The 3rd Quarter of 2009. The Economic Recovery That Follows Will Be Either V, U or W Shaped. So What Will This Recovery Look Like? He says he will briefly discuss where the economy is today and the critical economic forces that will determine the path of recovery.

Dr. Sabbarese directs the Georgia Purchasing Managers Survey, the Southeast Regional Purchasing Managers Survey, and other research involving the local and regional economy, such as 2007 Performance and Practices of Georgia’s Manufacturing Firms, industry surveys and economic impact studies. He serves as a member of the Board of Directors of ISM-Atlanta and has served as Director of the Graduate School of Banking for Community Bankers.

A representative of Milliken & Company will present the 2009 Joseph J. Smrekar Memorial Award. The award was established for CRI by Milliken & Co., as a memorial to Smrekar, who served on numerous CRI boards before his death in 1998. The award recognizes individuals who have shown “unusual and exemplary service to the carpet and rug industry.”

CRI President Werner Braun hopes to see a large turnout for Thursday’s meeting. “CRI’s Annual Meeting gives our membership and the community a chance to see the accomplishments and ongoing efforts CRI undertakes on their behalf. I hope everyone will join us at the Trade Center on Thursday.”

Thanks, Werner. I’ll be there.

~Bethany

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