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Downturn 2008


A Special Feature of DJC.COM
October 2008
Feature Stories

"Contractors here brace for impact of economic turmoil"
Contractors can't get a break. After fighting escalating construction material prices and shortages for the last year or two, they now face a sagging economy and tight credit markets that could challenge their ability to remain profitable. The DJC talked to several local contractors and firms associated with the construction industry to see how they are holding up in this market.
By BENJAMIN MINNICK, Journal Construction Editor


"A&E firms brace for tighter times"
Gauging the effect the global financial crisis has on local architecture and engineering firms, architect Ed Weinstein sums it up like this: “The wolf might not be at our door, but he has our name and address and he might be back.” The Daily Journal of Commerce talked to several local players to find out how global market nosedives and a national economic downturn and credit crunch are affecting local design work.
By SHAWNA GAMACHE, Journal Staff Reporter


"Tough time for job seekers: Some tips for a lousy market"
If you're looking for a job these days, good luck. In recent weeks, it seems each day brings another raft of alarming economic news. The uncertainty stoked by the credit crisis has given pause to many business owners, employees and job seekers, even those who haven't been directly affected, aside from their melting investment portfolios.
By JON SILVER, Journal Staff Reporter



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