Here is an interesting piece on how retailers feeling a holiday shiver. Retailers are no longer feeling as confident about the economy as they felt a few months ago. As the article says, many will tweak their holiday orders. This, coupled with the government's IT spending freeze, will probably give the purchase order financing industry a nasty double whammy for 2010.The purchase order financing industry has a heavy concentration in the retail and government business sectors. Any decrease in these sectors will certainly have a negative impact in the industry. I guess my last two posts have had negative outlooks - I'll scour things to see if I can pick up some good news from somewhere. Unfortunately, the graphic I selected for this post reflects my opinion of the short term industry outlook.
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