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…
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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.
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