Word: slowdowns
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...rooms in the next four years to keep up with demand. Now, much like other formerly glowing sectors like retail and real estate, things are rapidly rolling downhill. "Things will slow down primarily due to three reasons," says Sudeep Jain of Jones Lang LaSalle Meghraj, "Due to the economic slowdown, demand has already dipped. The terror attacks led to bookings being cancelled. And due to the credit crunch, fewer deals will be struck so fewer people will be traveling...
...industry accounts for almost 16% of the Texas gross domestic product, double what it was five years ago, and that means any slowing in that sector will have a ripple effect on the state's overall economy. "There are signs of a slowdown," says Amarillo energy economist Karr Ingham. "The jury is still out on whether it will become a bust...
...price of a barrel of oil hovering in the $45 range and natural gas cut in half from a high of $14 per thousand cubic feet, the domestic energy sector is now at a critical "tipping point," Perryman says. If prices dip lower, he adds, the pace of the slowdown will quicken as domestic oil and gas fields that demand expensive, high-technology drilling methods will be shut. (See pictures of the remains of Detroit...
...timing of the charter's release is sensitive not just because of the significant anniversaries this year, but because the global economic slowdown has increased the potential for political unrest in China. Thousands of factories in the south have closed, and demonstrations by workers over unpaid wages have become a frequent scene in the regions of the country that have been driving China's double-digit growth. China's exports dropped last month for the first time in seven years, and as many as 9 million migrant workers are estimated to be returning home due to the slowdown. The World...
...many smaller Chinese makers might prove even more vulnerable to the downturn. These firms lack the technology, quality and brand recognition to easily compete with foreign players in a downturn. In a crowded market - with more than 40 Chinese brands - the slowdown may weed out the sector's weaker players. "There are too many manufacturers" in China, says John Bonnell, director of forecasting for Asia at J.D. Power in Bangkok. "We can expect a shakeout...