Article for Personal Finance

Repair Shops are humming. As a result of the economy, one sector is seeing an upswing in profits. You are to read and summarize the main points of the following article:

http://online.wsj.com/article/SB124096297211566031.html

Some points I would recommend that you address are: Why has their been an increase in repair shop visits? What are the consequences for manufacturers who count on new product sales? Can we expect this trend to continue? Have you had to change a buying decision and go with a repair or have you recently purchased a big ticket item for your household? What will be the long-term effect(s) on local economies if this continues? These are just a few of the questions that you are expected to answer. Please complete this using 12 point, double spaced formatting.

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