Recession conundrum reaches deep into the region, with multiplying impact

Between an onslaught of data, inflation, job numbers and more, a solid grasp of what’s known as the dismal science has rarely been more essential to running a business better.

By Mark Gordon
| 5:00 a.m. August 19, 2022
| 0 Free Articles Remaining!

Strategies

Jay Vandroff seriously considered spending at least $250,000 on three new trucks for his family-run moving and storage company earlier this year. Then he paused. And kept on pausing.

Heading toward September, the company, Sarasota-based Yarnall Moving and Storage, has yet to buy the new vehicles. In talking about the delay, Vandroff sounds, to a large extent, like he’s in a time warp, using 2008-2009 recession words like “cautious optimism.”