TITLE

THE ECONOMY

PUB. DATE
December 2009
SOURCE
Rubber & Plastics News;12/14/2009, Vol. 39 Issue 10, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses economic conditions in 2009 and its impact on the rubber industry. 2009 was the worst of times since the Great Depression. The general collapse of the economy began in September 2008 by the bankruptcy of Lehman Brothers. Bankruptcies of General Motors Corp. and Chrysler Corp. hurt automotive suppliers. Smaller rubber component subcontractors to higher tiers all were hard hit by the global credit crunch.
ACCESSION #
47410742

 

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