I can only speculate based on past reading, I have no hard facts to give you. Reading the Pump Handbook (Karassik, et al), and Stepanoff, you pick up little tiny hints here and there.
My lightly held non-authoritative image is as follows:
Karassik in the 1950s advanced the art of designing high suction energy pumps (High Suction Specific Speeds) with Nss values above 10,000, in fact he and two other guys (George F. Wislicenus and R.M. Watson) developed the whole concept of Nss in 1937.
Investment casting of impellers improved the efficiencies, in the 1990s some were still switching over to that process.
We certainly have the opportunity with CFD to improve our stuff, but I think the art of pump design is also dying down at the same time some improvements are being made, so while we move forward in one place, we fall behind in another. Adding to the negative side is the fact that corporations today do not value the knowledge held by their employees sufficiently, so they are losing that knowledge. Those MBAs (Master of Bussiness so called), think that the only form of knowledge in Engineering can be locked up in a computer.
But ahhhh, the art and wisdom contained in some of them old badgers cannot be written down or locked into a computer, it can only be handed down from one engineer to another, and the corporations are unwilling sometimes to spend the money for mentorship. Retire the old codger early, bring in the new guy with the CFD stuff, he costs less and does not need the old guy.
By the way, I am not one of the old guys, at least in my opinion.
PUMPDESIGNER