Unformatted text preview: especially not true for CNB technology Inc. and Commax Inc. These companies are moving their production line to China, it is a real solution. With the Worldwide economic crisis initially by the sub prime mortgage crisis in 2007 and the ensuing credit crunch, 2008 saw a major decline in security equipment sales -8%. As noted in the individual company effectiveness assessments, each company was affected by the economic slump in 2008. The economic slowdown along with the 2008 resulted in a lack of consumer confidence....
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- Spring '09
- Subprime mortgage crisis, percentage change, economic crisis, economic slowdown, security equipment sales