The sky is not falling in Grand Junction, Colorado!

Companies who wish to survive the economic downturn could do their businesses a favor by diversifying their operations.
About half the businesses that responded said they see opportunities for increased market share or new competitive advantages.
Businesses that are on solid ground, however, seem to be well-situated to survive the national storm.
Those that are going under weren’t in good shape to begin with.
According to the snapshot of the economy, the sky is not falling, just see beyond the gray cloud!
Dean Massey, regional president of Wells Fargo for western Colorado and chairman of the board of directors of the Grand Junction Area Chamber of Commerce, agreed that for businesses to survive the down economy, they must adapt.
They need to conserve liquidity and capital while remaining open for business.
In a recession, companies cut back on spending, which causes the economy to slump even more.
The mood of the economy needs to turn positive, and that’s the only thing that can stop it.
Colorado’s economy is stronger than the nation as a whole, and the Western Slope has fared better than other areas of the state.
We need to realize there are some strengths out here, and we need to capitalize on that.
As always, I invite you to pose comments or questions here!