Insurance Outlook: Recession forces many changes in insurance industry
The recession will have significant impact on the insurance industry around the globe over the next several years, resulting in mergers and acquisitions, restructuring, changing compensation and more, according to a recent report by the international financial services firm New York-based PricewaterhouseCoopers International Ltd.
Technology Outlook: ‘Mobile is becoming the norm’
As of the early part of 2009, there were 4 billion mobile devices in the world for every 1 billion computers.
Employment Outlook: Boost in temporary hiring could fortell a rebound
The U.S. economy has lost 7.3 million jobs since the Great Recession began two years ago.
The nation's economy gained 4,000 jobs in November, the first monthly job increase since the end of 2007, but lost another 85,000 jobs in December, according to the U.S. Labor Department.
The nation's economy gained 4,000 jobs in November, the first monthly job increase since the end of 2007, but lost another 85,000 jobs in December, according to the U.S. Labor Department.
Real Estate Outlook: It’s a tenant’s market
Many professionals in the commercial and residential real estate industries were happy to see 2009 come to an end.
M&A Outlook: More deals are in the pipeline
The largely stagnant mergers and acquisitions market is showing signs of life, and financial professionals from metro Milwaukee believe it will continue to improve throughout 2010.
Banking Outlook: Bankers predict flat loan demand for 2010
According to a recent survey by the Wisconsin Bankers Association, most bank CEOs in the state believe that commercial loan demand will remain flat for at least the first half of 2010.
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Good timing
Andy Nunemaker, president of Milwaukee-based EMSystems LLC, says there are two things every company can and should take advantage of in an economic downturn: search for opportunities and upgrade the talent in the company's workforce.
Power to grow
By expanding its distribution, adding dealers and offering new products, Waukesha-based Generac Power Systems Inc. was able to grow its sales during the first nine months of 2009.
Manufacturing a rebound
The United States lost roughly 7.3 million jobs during the Great Recession, with unemployment hovering around 10 percent through December of 2009.
MMAC businesses expect higher sales in 2010
Milwaukee-area businesses see economic recovery in 2010, according to a Business Outlook Survey conducted by the Metropolitan Milwaukee Association of Commerce (MMAC).
