TITLE

Recessive traits

AUTHOR(S)
Steidtmann, Carl
PUB. DATE
January 2008
SOURCE
Progressive Grocer;1/1/2008, Vol. 87 Issue 1, p105
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The author discusses the economic recession facing the U.S. in 2008 and its implications for commercial businesses. This consumer-focused downturn is being driven by the bursting of a financial bubble in mortgage debt. What will make this recession so difficult from a consumer business perspective is the coming drop in home prices. What will keep this recession relatively mild, however, will be solid growth overseas, giving a boost to U.S. exports. Also adding to the mild nature of a recession are lean inventories.
ACCESSION #
31164761

 

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