Tuesday, September 14, 2010

Effect on manufacturing in recession

Gist: The effect of recession does seriously on the employees in some manufacturing-focus town. When people in big cities buy a lot less than before, these manufacturers can clearly tell that the economic keeps going down.

When the recession started, people don’t want spend too much money on purchasing. The needs in the market go down, and the supply quantities definitely go down as well. These come with cutting in pay and lay off small percentage of employees. The big time of giving bonus in manufacturer is no longer seen anymore.

No comments:

Post a Comment