Positive impact to engineering service suppliers as OEMs tend to cut costs, improve productivity and optimize resources.
the automotive industry
construction
At the present there are no listings for truck driving jobs in NY,this industry has been hit hard by the recession.
ano it material hit india. answer
You will have to use any local connections you have as the trucking industry has been hit hard with the recent recession
effect of recession on India hi, i would like to tell you, Indian GDP accounts 60 to 80 percent of service and manufacturing industries, we have been hit by recession because our service industry mostly information technology depends on export, but i would like to say if we use our reserves for domestic consumpiton we could try to create booom period for infrastructure porjects and restructuring projects of disinvestment. we could earn more benefits from this recession than any other countries, we need to create domestic demand and need to create close alley for our energy demands. if we secure both then we will ride out this recession unharmed. if you further question ask me at this place mehul.shahmba@yahoo.com but don't look at BSE or NSE for long term they are mirror of economy sometime they don't show real picture
The car industry is one of the hardest hit by the recession, they just could not afford or justify keeping their sponsorship of Tiger Woods going.
Let us take the example of holidays & vacations - tours and travels industry. Due to recession, not many people are so interested in going for luxury vacations or exotic holidays. Many people are unsure of their jobs and hence want to cut down on their spending and also many people have lost their jobs due to the crisis and are currently not in a position to spend on such luxuries. As a result the tourism industry and the hospitality industry are badly hit.
It's one of the most recession-vulnerable industries around. Some people would say it's recession-proof because if things got bad enough people would start growing their own food. True enough, but the majority of that business is in the sale of decorative plants--which are luxury items. Any business that deals primarily in luxuries is going to be hard hit if things get bad enough.
In today's world of recession that has hit the world in a very big way, both the U.S.A. and Europe are suffering. Australia, on the other hand, has not felt the recession as much as U.S.A. and Europe, and job cutting has not begun.
The plural of business would be businesses. As in "these businesses are being hit by the recession".
The Financial Services sector and building sectors were badly hit - so London was the worst hit