Economy sluggish but beginning to move
As the 4Q arrives business is still creeping along but we've noticed an upswing in both video and TV commercial projects. Is this a mirage or are we coming out of the deep deep funk that has been floating over us for months? What do YOU think? We'd like to know. Drop us a line here or email
Happy Autumn everyone!
Submitted by Joe Refano on Wed, 10/07/2009 - 10:10am.
Submitted by Joe Refano on Wed, 10/14/2009 - 10:25am.
*******This message was sent to me by a client who wishes to be anonymous and asked me to post it for him*******
Wish I could share your optimism. I think how things are going these days depends on which corner you're standing on. Ours isnt seeing a whole lot of traffic yet. You can still count Newsday's ads on the fingers of both hands and if Cablevision wasnt holding it up Newsday would be gone. Speaking of Cablevision. When 50% of most commercial breaks arent Cablevison or Newsday promos and the other half low ball direct response spots things will be looking a lot healthier. The automobile business that so many of us made a good living from for years is all but dead. Major dealerships still closing up - the latest Country Lincoln Mercury Ford and Country Buick Pontiac GMC Cadillac a Huntington fixture - after over 40 years and Ramp Chevrolet of Port Jeff who used to be the country's largest Corvette dealership = gone. At networking events = small fry and wannabe's the real deal makers not around just yet. These days business is where you're lucky enough to find it
- reply
Submitted by Lucinda Cassamassino (not verified) on Sat, 10/10/2009 - 1:18am.
Sluggish is right! The economy hasn't been this bad in a long time. Americans overspend, it's true, and that's part of the problem. We have to have everything bigger, fatter, and more, more, more. We Supersize our meals; we drive Hummers; and we plow down acres of beautiful forest to build another mega mart shopping center when there are plenty of empty buildings and developed land with big "for sale/rent" signs because no one can take a chance on making anything out of them in this economy. Banks won't lend money anymore, even though they got all the bailout money from the government. If no one can take a chance, then new ventures stall, along with established businesses, and no one makes any money. Don't get me wrong, I love this country, but I think we've proved to the world that we can spend more than any other nation. Now it's time to show that we're smarter and can not only get back on our feet after this crisis, but can live smarter so that we never find ourselves in this hole again - now THAT would be my kind of "American exceptionalism"!
- reply
Submitted by Tony Pasquariello (not verified) on Wed, 10/07/2009 - 11:01am.
I am seeing the same trend with a nice uptick in business and in particular new business over the last 2 months. While this has been a nice change from what was happening in Q1, still feel things will not be as active as they have been going into Q1 2010 until employment numbers start to make a comeback.
- reply
