Posts Tagged ‘economy’

Recent Economic Word of Mouth

February 10th, 2009 No comments

Some recent discussions: I spoke with a director at a major conference producer. They’ve been down 30-40% across the board, but government meetings, especially military events, only about 10%. Companies are waiting until 3-4 weeks prior to events before committing. Companies like Boeing are completely out of events for the year. I spoke with a sales director at a small media company that produces events for marcom professionals across a range of industries. They’re down about 40%, and have budgeted to make it through the year. I recently spoke with a conference group director who had been laid off about two months ago. He was hired last week at about the same level. He referred someone to me who had recently been laid off from a financial services media firm.

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