Area businesses shielded from poor economy

Despite job cuts and an overall poor economy nationally, local corporations are holding their own.Experts say it’s because investor spending and corporate hiring tends to be more conservative than in other parts of the country.”The companies here typically didn’t hire thousands of people, anyway,” Business Courier editor Rob Daumeyer tells WLWT.com.  “They operated lean and mean, and were very well-run companies. That is still the case.”This strategy has helped companies such as Kroger, Procter & Gamble, and Macy’s grow to become close to “recession proof”.Read the full article here.