"Ready for the Rebound"
June 15, 2009
Ready for Rebound
By Cliff HockerThe U.S. economy has already hit the bottom. That’s the consensus among economists. They expect businesses to gradually begin expanding in a few months. Signs of a recovery should appear by the end of summer, and the rebound’s mounting momentum should become obvious in the fourth quarter. Now is the time for people starting small businesses to get ready to make the most out of the recovery. Winners can exist in all industries, says Georgia Tech professor Thomas “Danny” Boston, CEO of the Atlanta-based economics research firm, EuQuant, and a member of the B.E. Board of Economists. Potential entrepreneurs should look at where emerging growth opportunities are occurring. Even in the out-of-gas motor vehicle industry, hybrid technologies are reinventing the automobile. Digital formats are revolutionizing publishing.