Economic Growth

This is an interesting take on the economy and business conditions going forward. In a nutshell, the recovery has been primarily due to increased profits from reducing costs and really streamlining operations. In general, businesses have done a great job competing in difficult conditions without a lot of juice from new customers and new business or orders.

They’re ready for big time growth, but spending and orders have to turn the corner and that seems unlikely at this point.

http://www.businessinsider.com/theres-no-catalyst-for-a-self-sustaining-economic-recovery-2013-7?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

todd@toddkmiec.com