SNEWS® Live: Is outdoor retail recession proof? Maybe not… - SNEWS

SNEWS® Live: Is outdoor retail recession proof? Maybe not…

Outdoor retail store owners and managers around the country share their thoughts on the current economic crisis with SNEWS® Live. Economist Clyde Prestowitz, founder of the non-profit Economic Strategy Institute also chimes in with his perspective.
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This edition of SNEWS® Live is brought to you by SNEWS®

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SNEWS® Live: The United States remains in the midst of a major economic crisis with no end in sight -- that is, if we are to believe the financial pundits. Many say the country is already in a recession.

Past history has shown that outdoor retailers tend to benefit during economic slow-downs. Consumers turn to low-cost alternatives, like outdoor recreation and products, over the purchase of big-ticket luxury items. There's some speculation, though, that things might be different this time. Perhaps the outdoor industry isn't as "recession proof" as we once thought.

SNEWS® Live got on the phone to connect with outdoor retailers from coast-to-coast, as well as a prominent economist, to get a read on how things are going out there. Here's what we heard.

You will need to be at least be a member of the SNEWS community at a Freebie level to listen to this podcast. If you are not yet enjoying the benefits of of SNEWS membership and want to activate your access now, simply click the following link -- it's free and it's easy: www.snewsnet.com/freeretail/economy.html

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