Is Our Economy Broken?

By Kathleen Rogers As I talk to various business owners, from travel companies to retail shops to general contractors, I hear a common theme: Business is spotty. When the outlook appears especially bleak, they tell of a few new buyers…

Published March 11, 2012, 1:34pm ET · 1 min read

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

By Kathleen Rogers

As I talk to various business owners, from travel companies to retail shops to general contractors, I hear a common theme: Business is spotty. When the outlook appears especially bleak, they tell of a few new buyers suddenly showing up—but then, if business has been steady for a few weeks, the phone seems to stop ringing again.  Notwithstanding Friday’s stronger-than-expected jobs report, company managers are finding it hard to predict sales for the near future, which makes them hesitant to expand capacity by hiring or investing in new plants and equipment.

Read more…….

 

Contact [email protected] for any questions or corrections.

Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

All articles →