Newsletter Masthead
December 2009

The End of 2009: Good Riddance !

For most of my fellow business owners, the title says it all…The End of 2009: Good Riddance.  Good Riddance because the 2009 environment was full of business closures, job losses and customer’s holding onto their dollars and postponing and cancelling many projects. Here are some of the numbers:


  2009 Since Dec 2007
(Start of Recession)
Total Job Losses 3.4 MM 7.9 MM
Manufacturing Job Losses ~1.1 MM 2.1 MM



  End Q3 2008 End Q3 2009
Unemployment Rate 6.8% 10.0%
Real Domestic Product Growth -2.7% 2.8%
Total Exports 152 billion 132 billion
Total Imports 212.1 billion 168.4 billion
We have seen unprecedented assistance to banks and financial markets and a reorganization of two major American car manufacturers and the impact on the automotive supplier industry.  Also, we had to adjust to a potential new normal going forward.
But on the flip side, for those of us who survived 2009, 2009 forced us to become better businesses.
  • We have a business model that should work into the future. 
  • We have trimmed more than just the fat in our organizations, we are lean.
  • We have spent time working and understanding our best clients to keep us going.
  • As the economy starts growing, we will be in a better position to make even more profit.
So at the end of this year, let’s all wish 2009 a good riddance and look to 2010 for growth and profits…but let us never forget the lessons we learned in 2009 going forward.  Let me know some of your lessons from 2009.
Ben Moore
Agent Technologies, Inc.
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The End of 2009: Good Riddance !

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Manufacturing Statistics December 2009


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Manufacturing Statistics 
1) Manufacturing Output decreased 0.1% in October 2009 with durable goods decreased 0.4% and nondurable goods 
decreased 0.2%.
Source: Federal Reserve Board
2) Manufacturing Employment fell by 41,000 jobs in November 2009.  
Source: Bureau of Labor Statistics
3) Manufacturing Trade Deficit in September 2009 increased $5.6 billion, or 13.4%, to $47.6 billion.   Sources: Census Bureau, Bureau of Economic Analysis

4)Manufacturers' New Orders in October 2009 increased $2.1 billion, or 0.6%, to $360.5 billion. Source:Census Bureau

5) Manufacturers' Inventories increased $1.8 billion, or 0.4 %, to $493.0 billion. Up after 13 consecutive monthly decreases.
Source: Census Bureau
Agent Technologies, Inc.
Phone:  513-942-9444
Fax:  513-942-9446
Founded in 1995, Agent Technologies, Inc. provides e-Commerce Solutions, Business Reporting Solutions, e-Business Strategy Development and Agent Based Systems. We specialize in comprehensive eCommerce 4 Manufacturing (sm) Solutions through our manufacturing consultants and software applications. Try xRP - our online business productivity tool for CRM/ERP.  FREE 30 Day Trial!
Agent Technologies, Inc. | 8216 Princeton-Glendale Road, Suite 191 | West Chester | OH | 45069