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Recession-resistant industries show stability, growth in tough economy

One year into what is already the longest recession in official U.S. history books, some sectors of the economy are still open for business and continue to report steady sales and hiring during the downturn. Their businesses seem to go against the tide— bright spots in an otherwise dreary economic landscape made gloomier with daily news of industry layoffs, budget cuts and bank failures. Segments of the information technology sector are part of the good news, particularly in managed IT services, where small businesses report steady and stable work within their client base. “The analogy we hear is, you wouldn’t go from T1 Internet access to dial-up because the economy is… Read More