Gatzbo’s News and Views!

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Recession? YES!!! January 11, 2008

Filed under: American,Bush,economy — Robert @ 5:42 pm
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I recently had a long conversation with my best friend in the world.  He owns and operates a metal finishing business located in Chicago, IL.  His client base is a true cross section of the manufacturing world.  The base ranges from automobile parts, to washers/dryers, lighting fixtures, heating/cooling units, retail shelving et. al.  Being in business for over 30 years, his insight into the future of the economy, in my opinion, has been accurate almost to a fault.  The fact that the manufacturer’s to which his company provides finishing services have reduced and/or eliminated orders can and should be considered a good indication that we are now in and will probably be in a true recession that will last for the better part of the next two quarters and likely beyond.