Local Business Leaders Get Advice On How To Survive In Economy

By: Christine Kennedy
By: Christine Kennedy

In today's current economic climate, businesses are looking for any advantage. Tuesday, they had their chance to gain some insight.

Business experts spoke at a seminar on the campus of Pitt County Community College Tuesday afternoon.

Business representatives received a crash course in recession survival.

Business experts preached that businesses need to be more competitive.

Wade Dixon who owns 28 McDonald's in Eastern Carolina says, times are tough, business must go above and beyond their normal routine.

Business experts say America's current recession started in December 2007 lasting 16 months to this point.

From 1973-1975 a recession lasted 16 months with unemployment rates similar to the nation's current rate at 8.1 percent.

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