Tuesday, 20 April 2010

Economic Resurgence

So the worst of the ecomomic depression is behind us and the surviving companies are out looking for work once more, having borne the brunt of the downturn. Several industries have been affected (especially those linked to motor vehicle manufacture) but the surviving companies can come back stronger and possible pick up some of the contracts previously serviced by competitors who weren't lucky enough to survive.
Economic downturn tends to work like a forest fire, it can devestate the visible forest, but when it is over, new life flourishes and soon visible signs of the disaster are few and far between. This recovery situation suits small firms that find it easier to adapt to changing markets, whether the market be stainless steel drums, software or in the service industry - small flexible firms will be able to benefit from a situation where new markets can be serviced and exploited.
In a few months we will probably almost be in a position to forget about the hardships as jobs are created and industry rolls on.

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