Factory closings

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It's harder to quantify the retail impact of a company closing a factory, but a shuttered plant certainly affects product supply and consumer spending, so it's worth noting the numerous shutdowns announced this week:

These are all fairly small closings (the biggest will affect 400 people; the main auto workers' union has 139,000 members), but they point to cautious companies and lower consumer spending from the recession.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on December 2, 2008 12:02 PM.

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