Make no mistake, the recession we are currently in is not to be taken lightly. Lexington has fared better than most, but we are still at twice the unemployment that is typical. We have a large number of national and global companies that may not be doing well regardless of how things are going in Lexington. I have every expectation that our total output will decrease for 2009, and many economists predict the recession staying around until late in 2010. My best advice to business owners right now is to do everything possible to solidify your core business without exposing yourself to too much risk in these uncertain times. The businesses that will thrive in the next couple of years will be the ones that were deliberate and conservative, thereby positioning themselves to be aggressive when the economy finally gets back on track.

I do well to be a small business owner let alone understand these things but I’ve felt that business may be down from last year due to these economic projections what with the unemployment and this “serious recession”.

You can also always call 311 to get the main help line for the city.

Hope this helps!