Exports: The Grim News That Worsens The US Recession

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Exports: The Grim News That Worsens The US Recession

By Bill Conerly on January 14, 2009 | More Posts By Bill Conerly | Author's Website

For the past couple of years, exports have been the strongest part of the economy. Now that sector has succombed to the global recession.

The sharp drop of the past few months is worse than I had foreseen. At this point, there’s no strong industry in the private-sector economy. That doesn’t mean the recession will last forever, but it looks worse than it did just a couple of months ago.

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1 Comment :

Comment by Ricky

2009-01-15 05:01:37

Companies should not simply “give up” during a recession.

They should think of effective promotion - but not slow down promotion. Advertising on the internet is one option.

There are a lot of sources of information on how to go about it for first-time internet advertisers.

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