ThomasNet Industry Market Barometer: Industry Outpacing Economy
"These businesses are showing exceptional strength, resilience, and innovation," said Eileen Markowitz, ThomasNet president. "Industry is gearing up for a strong comeback. Those who are succeeding are combining creativity with cutting edge technology strategies."
Growing businesses said selling into new industries and offering new products or services drove expansion. Seventy-one percent said online strategy is also critical for 2010. And 65 percent of businesses expected growth by June 2010.
Of the respondents, 71 percent work at small businesses with fewer than 50 employees, and 70 percent earn revenues of under $10 million. The other respondents are major, global manufacturers.
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