econ-Journal43

econ-Journal43 - Consumer confidence has fallen too much,...

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Duc Hoang – ECON210 Journals Date: 12/10 The Hardest-Hit Industries By Catherine Rampell Sageworks, a firm that tracks financial information on privately held companies, recently sent Economix some data on the bottom 35 industries by sales growth (or declines) over the last 12 months. As the housing market is seriously hit by recession, many of the industries are related to home building and real estate.
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Unformatted text preview: Consumer confidence has fallen too much, causing many firms to shut down. The sales data has not been adjusted for inflation, so in fact, these industries have seen their sales fall further. Moreover, there are a lot of industries which are not listed and have such serious financial problem. Hard time seems to be still a head, what problem will be chosen to be fixed first is a tough question....
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This note was uploaded on 03/10/2011 for the course ECON 101 taught by Professor Duc during the Spring '05 term at Linfield.

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econ-Journal43 - Consumer confidence has fallen too much,...

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