Surviving a Downturn
At first glance, you’d think the theme of this month’s issue is “Doom and Gloom.” We certainly didn’t plan it that way.
Black Friday, foreshadowed by harrowing predictions, is just around the corner. The impacts of the housing slump and credit crunch grow worse. Innovative new manufacturers and products are in short supply. The lower- to middle-end of the markets are stagnant.
We cover each of these issues this month, beginning on our first page with an in-depth look at the economy’s impact on the fourth quarter. We report on HSE’s Black Friday forecast, the perceived dearth of fresh new companies and products, and HTSA members’ push into the luxury market.