Bucking a national recession, some businesses did quite well in 2008, including doctor offices, highway construction contractors and limited-service restaurants, according to Stageworks Inc., a Raleigh, N.C.-based financial analysis company.
Stageworks analyzed financial information for more than 34,000 companies in the South, gathered from CPA clients. The company found – not surprisingly – the top growth industry in the South in terms of sales was petroleum wholesaling, which saw sales climb 15 percent in 2008.
That’s because total sales figures for oil distributors are based on the price of oil.
Others in the top 12 for sales increases include businesses involved in computer systems design, building equipment contracting (think heating and air conditioning), bookkeeping and accountanting and doctors’ offices. Worst performing industries in the South during 2008 were lumber sales, retail businesses, construction and manufacturing.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment