There certainly is a lot of uncertainty in the global economy these days. Here are some interesting bright spots related to our industry:
1. China's central bank coordinated with those around the world in reducing interest rates last night. China is becoming a world player and this stability will help its economy in the long run.
2. Commodity prices are in a free fall. All our recent quotes are looking better.
3. Oil prices are also in a free fall which makes transportation less expensive.
4. Doom and gloom is everywhere, which makes for lots of opportunity for those of us optimists. While we are watching expenses even more closely, we are focused on growth and improving our business model.
We are keeping our heads up and maintain perspective. All the bad news and panic in the news can help create a self-fulfilling prophecy if you let it. We know that to grow we need to add value and be better than our competitors and substitutes while continuing to add projects and customers. That's what we are focusing on.
Wednesday, October 8, 2008
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