Companies Trying to Cope in Downturn


By THOM SENZEE



Contributing Reporter

An industry-by-industry reading of the economic health of the greater Valley area reveals things are still relatively stable despite the grim economic news statewide and nationally.

The Business Journal looked at a dozen business sectors to see if their markets may be changing and what companies are doing to adapt.

A broad examination of the local economy shows some common themes such as firms adjusting product offerings to give customers more budget-friendly choices but no clearly universal trends.

Payroll management companies have a unique vantage point from which to observe trends in compensation, hiring and terminations.

“We’re definitely seeing more terminations than hirings now,” said data specialist Alan Castillo of Tom J. Hull

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