Associated Press: It’s not all doom and gloom in the U.S. economy. Some products are bucking the recession and flying off store shelves. Sales of chocolate and running shoes are up. Wine drinkers haven’t stopped sipping; they just seem to be choosing cheaper vintages. Gold coins are selling like hot cakes. So are gardening seeds. […]
Hot In Recession: Chocolate, Running Shoes, Spam Read More »
MSN Money: All it took was a financial crisis followed by a recession to get Americans to start pocketing their cash. Americans are saving more money now than at any time since February 1995, The Wall Street Journal reports. According to the Commerce Department, personal saving rose to 5.7% of after-tax income in April. That’s
Americans Are Saving More Money Read More »
SF Weekly: Funemployment. Paycation. The Unemploymentality. Every generation has an argot to describe the confusing terrain of joblessness – the dole, deadbeat dads, UB40, and so on – and the lexicon of younger casualties in the most severe American economic downturn since World War II speaks volumes. Here’s how the blog Recessionwire defines “funemployment”: “A
photo credit: B Mully MaineBusiness.com had an interesting outlook on how you can use the current recession as a powerful marketing tool for your company. Most of us would and have viewed our economic situation as a bad thing, something to fear and worry over, however, there is a lot of good that can come
The Recession Can Be Good for Business Read More »
Associated Press: Six months ago, Jim Wiseman didn’t even have a spare nutrition bar in his kitchen cabinet. Now, the 54-year-old businessman and father of five has a backup generator, a water filter, a grain mill and a 4-foot-tall pile of emergency food tucked in his home in the expensive San Diego suburb of La
Crisis Spurs Spike In ‘Suburban Survivalists’ Read More »
The Plain Dealer: When life hands you a lemon, sell a lemon ice. When the economy gets chilly, serve up a chili dog. That’s what more and more folks are doing this recession, turning to street treats — hot dog carts and ice cream trucks. The initial investment is low, the income can be good,
Hot Dog And Ice Cream Trucks Make Tempting Biz Ops In Recession Read More »
Associated Press: As Wal-Mart opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions. Those positions include plenty of cashiers and stock clerks, but the world’s largest retailer will also be adding store managers, pharmacists and personnel workers. “During this difficult economic
Wal-Mart Says It Will Create 22,000 Jobs Read More »
n n {democracy:32} Photo by some_bo.
Biz Poll: The New Frugality Read More »
Reuters: The U.S. economy shrank slightly less in the first quarter than initially estimated, while corporate profits rebounded, according to government data on Friday that pointed to moderation in the recession. Perceptions that the worst of the 17-month-old downturn was over pushed consumer confidence to its highest in eight months in May, and a report
GDP Hints Recession Is Moderating Read More »
Inc.: In the past year, government services has been gaining steam as a top category among the fastest-growing private companies on the Inc. 500 | 5000 list. From 2007 to 2008, the total revenue for companies in this category nearly doubled, from $678 million to $1.2 billion, and the median four-year growth rate for companies
Starting A Biz Right Now: Government Services Read More »
