2022-11-17

About Comptus

  • Comptus is one of the leading producers of trusted wind and industrial environmental sensors, transmitters and controls.

  • their products are highly trusted for commercial and industrial applications, which in that industry their products are durable and reliable which is very important.

U.S Economy: Is Recession coming?

U.S Economy: Survey of Professional Forecasters

Survey of Professional Forecasters

  • In 2024 the GDP will be 1.8%, which is also lower than estimated. The unemployment rate is also increasing as the years go on. They predict that in 2023 it will increase from 3.7% - 4.2%. The CPI inflation is at an average of 5.4%, higher than the predicted 4.3%.

National Cycles of the Industry

How is the economy in New Hampshire?

Managing through the Business Cycle

  • Comptus does not have a contingency plan if a recession hits. This is not a good idea in the business world, looking at the economy is necessary for the future of a business.They push out 64% of their products, so if an issue arises and a decrease occurs, they wont be able to pay for their small employee base. They take easy steps to look into recessions although they should have a full plan, just in case. When it comes to contingency plans there are many options. Reevaluate capital spending, monitor inventories closely, tighten credit terms, set up a factory for account receivables, and to secure a larger credit line, within financing.