State of the Industry-Industry Wide

Still, the strongest message we derive from both expert forecasts and the data is this: Even when recovery comes to our industry it will not be uniform, but will vary widely from segment to segment and from shop to shop.

Part of this variation will reflect business conditions in different market niches. But another factor, possibly even more important, is how well individual company managers position their firms, control their costs, expand their service offerings, and implement new technology.