Nine Business Fields Showing Recovery Signs
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No. 9. Automotive Body, Paint, and Interior Repair and Maintenance 2008: -1.37% 2009: -3.73% 2010: -.03% “I've certainly seen an increase in discretionary customer spending in the last 12 months. People appear more willing to spend money to fix the eyesores on their drivable cars, including minor body damage and fresh paint on old and faded vehicles. We have also seen an increase in customer willingness to purchase a higher quality paint job. Many customers will now opt for the more visually appealing and longer-lasting signature paint jobs, over the enamel coatings we offer at a lower price point.” - Solomon Cramer, owner of Maaco in Middletown, Penn. (REUTERS)