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View Full Version : How is your business or industry doing?


cbmontgo
04-12-2010, 10:40 AM
Hey guys,

Just thought I'd start a thread and take the pulse of everyone's business these days. I am in construction, and things are terrible slow. We do large-scale projects, and no one can get funding since about 3Q of 2008 unless it's Federally funded. Lots of sharp folks are out of work and have been for a while now, and those with work are slowing down as backlog decreases.

Are things looking up in your business? What industries are doing well in the downturn?

wesintl
04-12-2010, 10:46 AM
http://www.pearson.com/investors/our-news/?i=1232#HTMLPRESS

theboomboom
04-12-2010, 12:13 PM
I was just bought out of my work study job with an institutional grant. Our financial aid office over extended itself and needs to reclaim some funds. The college opporrtunity fund stipend and tuition are both rumored to change next year, and I'm only expecting it to become more expensive. Hopefully some of this money is better managed for work study funds next year, not having work stinks :(

corsair23
04-12-2010, 01:14 PM
Telecommunication, old school version...That should be all you need to know :hill:

All you guys getting rid of home phone lines and going Cell or VoIP only means the writing is on the wall...Just a matter of time :( - Unfortunately it seems like the economy may actually get even worse, before it gets better. Government jobs seem to be the biggest gainer going but government doesn't really create "productive" jobs if you know what I mean...

TIMZTOY
04-12-2010, 01:31 PM
Auto biz is slow and steady. It's a hell of a lot slower than it was years ago but at liest it's still steady. More and more ppl fixing there own stuff. Or at liest trying to. Which turns into larger tickets for us. Lol so smaller car count but bigger tickets. So eeeeeeaah:rolleyes:

Bikeman
04-12-2010, 01:38 PM
Telecommunication, old school version...That should be all you need to know :hill:

All you guys getting rid of home phone lines and going Cell or VoIP only means the writing is on the wall...Just a matter of time :( - Unfortunately it seems like the economy may actually get even worse, before it gets better. Government jobs seem to be the biggest gainer going but government doesn't really create "productive" jobs if you know what I mean...

We will never get rid of our "land line" at home!

The bike business is picking up, but just not crazy like it should be.

cbmontgo
04-12-2010, 01:46 PM
It does seems that everything is clicking along, but very few industries are doing as well as in, say, 2006. I hope to see some real change in 2011 or 2012.

chtucker
04-12-2010, 01:48 PM
Telecommunication, old school version...That should be all you need to know :hill:

All you guys getting rid of home phone lines and going Cell or VoIP only means the writing is on the wall...Just a matter of time :( - Unfortunately it seems like the economy may actually get even worse, before it gets better. Government jobs seem to be the biggest gainer going but government doesn't really create "productive" jobs if you know what I mean...


Hey I resemble that remark..

Government... pay is declining, furlough days...Benefits going down... but the paycheck shows up every month (monthly paychecks)..

Currently I am pretty frustrated... Sometimes I think "they" "want" us to be "government workers"... My supervisor/coworker likes to drive around a lot.. We have work coming out of the ying yang... and we spend our days socializing about 70% of the time... Its pretty much pissing me off... I have spoken to regional managers/department heads... and I am told to shut up.

see other post about relocating...

Evrgrnmtnman
04-12-2010, 02:35 PM
Telecommunications is awful! Anyone know of any sales jobs in telecom for a veteran of 20 years in the industry let me know. The true umemployment figures are alot higher than what they are telling you.....

cbmontgo
04-12-2010, 02:52 PM
Telecommunications is awful! Anyone know of any sales jobs in telecom for a veteran of 20 years in the industry let me know. The true umemployment figures are alot higher than what they are telling you.....

I fully agree with you about the unemployment numbers.

treerootCO
04-12-2010, 03:37 PM
Telecom is still plugging away at the 'low cost geographies' but there has been a resurgence of U.S. support over the last few months. The mom and pop shops are unfortunately a demographic that is costly to support. The prospect of supporting one big customer is more profitable than supporting millions of small shops.

corsair23
04-12-2010, 03:39 PM
We will never get rid of our "land line" at home!

You might be the only one :hill: - The reality is, you may not have a choice in the long run. You can't serve a small handful of customers with multi-million dollars worth of equipmnet and stay in biz. For now Qwest is the "last provider of choice" so they are required by the PUCs to provide phone service no matter what just in case someone doesn't have a viable option for phone service. Years ago folks didn't have viable options...Now with cell phones, VoIP, cable phones, etc. this isn't the case so it is only a matter of choice before the RBOCs win the case of no longer having to be held to that requirement. AT&T has already requested the FCC officially state a date when POTS service is "sunsetted".


Hey I resemble that remark..

Government... pay is declining, furlough days...Benefits going down... but the paycheck shows up every month (monthly paychecks)..

Currently I am pretty frustrated... Sometimes I think "they" "want" us to be "government workers"... My supervisor/coworker likes to drive around a lot.. We have work coming out of the ying yang... and we spend our days socializing about 70% of the time... Its pretty much pissing me off... I have spoken to regional managers/department heads... and I am told to shut up.

see other post about relocating...


:lmao: - My bad choice of words, although I know what you are referring to about gov't workers and being "productive". What I should have said is that for the most part gov't jobs don't "produce" anything. Government is where the biggest boon in jobs are but when you realize that this includes 16K+ more IRS agents for Obamacare etc. suddenly the job growth doesn't like such a great thing :rolleyes:

Blackdiamond72
04-12-2010, 04:38 PM
Just got back to working for the F&B industry (food and beverage) and things are plotting along. Quite a bit of casinos are filling chapter 11 but not for being broke, more as a way to restructure cheaply. Everyone up here (Black Hawk) is pretty profitable still but not like they were a few years ago. 24 hour and higher limits hasn't seen its potential yet but it will as more people get back to work, or get those backlogged raises they've been expecting.

With that said, I accepted a job for less than I know I should be getting paid, but its better than nothing. Maybe Obama could pitch in on my wage due to the economy?:hill::lmao:

jettaglxdriver
04-12-2010, 04:44 PM
I work for Denver Public Schools and we are feeling the state budget crunch for sure in the department budgets. They are doing everything they can to lean up and save as many jobs as possible. So far in my areas they have been able to limit the job losses to atrition and have not had to lay people off yet.

Interesting thing about the job market. We have had a Quality control job posed for a while on our website and on monster and we are not seeing that many construction people apply to it. The job is multi trade quality control inspections for the bond construction. We figured we would get some good construction supervisors who have the experience in building were looking for applying but apparently they are not on monster or don't need jobs. Go figure.

We have got a asston of architects applying but we want people who can build stuff for this job.

corsair23
04-12-2010, 05:08 PM
We have had a Quality control job posed for a while on our website and on monster and we are not seeing that many construction people apply to it. The job is multi trade quality control inspections for the bond construction. We figured we would get some good construction supervisors who have the experience in building were looking for applying but apparently they are not on monster or don't need jobs. Go figure.

We have got a asston of architects applying but we want people who can build stuff for this job.

Got a link to said job? I might have a most EXCELLENT candidate for you (and no, not me :hill:)

bigbluefj
04-12-2010, 05:47 PM
Going to hold my tounge on this one due to the way things went down here in Canada thanks to the US... At least in my town..

jettaglxdriver
04-12-2010, 09:02 PM
http://jobview.monster.com/Quality-Assurance-Quality-Control-Specialist-Job-Denver-CO-US-87009888.aspx


BTW this is pretty much what I do for DPS also.

Disclaimer: I don't do the hiring, I don't "put in a good word" and the most qualified person will be hired by the people doing the hiring.

corsair23
04-12-2010, 11:32 PM
http://jobview.monster.com/Quality-Assurance-Quality-Control-Specialist-Job-Denver-CO-US-87009888.aspx


BTW this is pretty much what I do for DPS also.

Thanks!

I'll pass along the info :thumb:

ScaldedDog
04-12-2010, 11:37 PM
I sell large computers to communications and media companies, including the ones mentioned in this thread. It's the worst year I've had in awhile.

Mark

Hulk
04-13-2010, 12:17 AM
I work for a satellite Internet company. While the recession has hit everyone, an Internet connection has become a necessity for many people, so we have weathered the storm better than others. We're kind of like a utility these days. Many people rank the Internet as more important than TV or phone service (but not as important as electricity or natural gas).

Dr. Schlegs
04-13-2010, 06:56 AM
In Mental Health, budgets are being slashed and the Mentally Ill are being shifted to programs were they can succeed for a short period but than may end up back on the streets. Further, many of the individuals that could be helped on Outpatient levels of care may end up in jails. Over 60% of the prison population has mental illness. Many of them have substance abuse issues which gets them into the correction system. Do the math on that one. Psychotropics and therapy is far cheaper than warehousing an individual. FYI - It costs taxpayers around $80 a day in CO to have someone in prison.

One the outpatient side of the house were individuals have low grade mental health issues or even situational stressors, business is at an all time high.

Hulk
04-13-2010, 07:01 AM
My wife says I have a Land Cruiser addiction, Dr. Schlegs. Is there a cure?

subzali
04-13-2010, 07:24 AM
Engineering was booming in the Denver area during 2007 and half of 2008. Companies like mine that were in the middle of projects going into the recession in the 3rd quarter of 2008 were able to hang in for quite a while, but about the 3rd quarter of 2009 my company ran out of work for me to do. The primary clients for my department are renewable energy startup companies and refineries. The startup companies have been receiving less government funding over the past year and a half, and the venture capital investors have been holding back on their investing a little bit, so the renewable fuels market has slowed WAY down...on the refinery side the EPA keeps mandating upgrades to existing refineries, and tightening down on the emissions requirements etc. For example though, one of our clients had to reduce their NOx emissions by 50% in a certain state. They own two refineries in that state, and originally were thinking of having us help them redesign their heaters and boilers to have reduced emissions in both refineries. But after looking at the market and the budget for the project (and the schedule for the project), they decided to just completely shut down one of their refineries (mothball it). Instant 50% reduction of emissions. And my engineering company doesn't have a contract.

I've heard the same story coming from the energy side of the engineering world. Right now there are a lot of projects that are waiting on funding to be released before they start. That's why I'm in New Mexico right now; the government happened to have a project they needed help on, and nothing else looked promising as far as our other clients went, so I followed the work down here.

I agree with whoever said it earlier, it seems like the government is the only one able to fund projects these days, and it seems like "they" "want" us to work for the government. I guess right now I'm indirectly doing that, but I would much rather not (and I definitely don't want to be a government-hired engineer). Suspicious that the government has so much money to spend when the real industries of this country don't...

1911
04-13-2010, 07:43 AM
I own a very small business in the oil and gas industry, and it is doing way better this year than last with oil at $80/bbl. The majority of my work is in natural gas though, so it would be nice to see prices above $4/mcf.

Dr. Schlegs
04-13-2010, 08:04 AM
Hulk,

Tell your wife it is better than drugs, gambling, or woman. At least she knows she can find you; out in the garage under a land cruiser. When I do drug counseling clients will ask me what my drug of choice is, I tell them double stuffed oreos.

Blackdiamond72
04-13-2010, 10:53 AM
I had a pretty good high walking around classic cruisers with you Schlegs, all that twisted crap steel laying there slowing dying had me floating. That is until they tried to sell me the clark tranny for 2500, then that high went away from reality.

corsair23
04-13-2010, 05:46 PM
I agree with whoever said it earlier, it seems like the government is the only one able to fund projects these days, and it seems like "they" "want" us to work for the government. I guess right now I'm indirectly doing that, but I would much rather not (and I definitely don't want to be a government-hired engineer). Suspicious that the government has so much money to spend when the real industries of this country don't...

They don't...But the government can print money, real industries can't :rolleyes:

corsair23
04-22-2010, 10:13 AM
Well, things may get better, or worse....

Qwest / CenturyTel to "Merge" (http://online.wsj.com/article/SB10001424052748704133804575199214192619260.html?mod=rss_Today's_Most_Popular)

Red_Chili
04-22-2010, 05:32 PM
My wife says I have a Land Cruiser addiction, Dr. Schlegs. Is there a cure?
Yup. Minitrucks. VERY addictive.

Red_Chili
04-22-2010, 05:35 PM
Health and Human Services outsourced technology is limping along, flat (which beats the heck out of declining like a year or two ago). I was one of the lucky ones who was on top of the pile in reviews (no gloat, just grateful) so I missed the axe (thankfully, that is pretty much the deciding factor our company used. Others were not so lucky, work hard AND lose your job. Yech). I cannot imagine what life would be like to have unemployment thrown in on top of everything else.

When the economy does pop, however, we are extremely well positioned and very efficient, and have a heck of a technology platform that is getting (or has already gotten) all the bugs worked out. The competition cannot afford to develop something competitive.