1. The Year in Reviewin 61 MINUTES
Kathy AndersonRobert Magnus Mike Pownall

2. The Economy in Recovery?
3. TechnologyAsset?Liability?Or Both?
4. New Grads JobsDebtGender
5. Challenging Times
2008
2009
2010
The Future
6. The Economy
7. 2010
Snapshot
40 trillion in debt between secured and unsecured obligations
13.8 % of all mortgages are in default
Unemployment at 9.8% in US.increase 0.2%
7.6% unemployment in Canada
Large corporations have record profit levels due to cost cutting
8. 2010
Financial Industries Banking
149 Bank Closure
Number of problem institutions- highest in 17 years, 829 (FDIC quarterly report)
Growing bank failures sapped billions FDIC deposit insurance fund
Capital Improvement Loans
SBA Loans
All time High.Govt backed loans
Credit Lines
9. FDIC Barking Quarterly Report
10. NCVEI 2010
Vet Practice Sales - 2010 vs. 2009
> 50 % are flat or up
50% are down
Fee Increasesfor 2010
No change = 18.1%
Lowered = 1.4%
Raised = 80.5%
11. Equine Industry Trends
Increase A/R
Customers
Vendors / Suppliers
Labor Reductions
Support Staff
Veterinarians
Price slashing
Decrease Hospital Volume / Revenue
Decrease in discretional spending
Future growth
Improve Operational Efficiencies
12. 13. Where are we going?
14. 2011 Predictions
More of the same
Flat growth rates is the new up
Housing not expected to improve
Unemployment not expected to improve
Consumer spending will be flat because of high unemployment
Commercial Real Estate Defaults to Increase
15. Economic Driversto Watch
Financial Institutions
Housing / Mortgage Market
Real Estate Market
Labor Market
Debt Financing
Global Perspectives
..this affects us, the equine practitioner
16. Adjust Inflation
Stimulate Growth
Monetary Policy
Money SupplyInterest Rates
Money SupplyInterest Rates
Stimulus Packages World Wide
17. Mergers & Acquisitions

Service/Support

18. R&D 19. Sponsorship 20. Product Offerings 21. Innovation