How wide people's wallets open in the coming months will drive the depth of the economic slide. That's not just true for retailers. Sure, people will spend less money at ShopKo or Wal-Mart when the economy slumps. But that means stores sell less product, so less product needs to be produced. If less product is produced, less will need to be shipped by truck or train.
All industries depend on the others.
Seidemann is convinced the economic picture will be clearer soon. If I see that it's actually declined, then I'd be more concerned. Online advertising opportunities Tell us about yourself.