Optimism Up, But Business Still Down

By LMT Communications, Inc.

Posted Apr 28, 2011 in LMT Surveys



When the financial crisis hit our country in 2008, LMT immediately responded with a survey of our readers to get a baseline for how it would affect our community. And as we promised then, we've kept our finger on the pulse of your businesses, sharing the results of periodic follow-up surveys; here's the latest.




"The very aggressive marketing we did when business was slow is paying dividends, and automation allows us to be very competitive in terms of pricing, even with offshore labs," says Bob Edmonds, CDT, President, Edmonds Dental Prosthetics, Springfield, MO, echoing the more-positive attitude reflected in LMT's latest How's Business Survey. More than half of our respondents say they're optimistic about the coming year; just six months ago, only 41% said the same.


Citing healthier local economies and steadier workflows, some respondents feel business turned a corner in 2010, with 12% more of them reporting...

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  • LMT Communications, Inc.

    LMT Communications delivers the business strategies, information, dental laboratory news and education that dental laboratory decision-makers need to succeed. In Print. In Person. Online.

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  • Jim Thacker Image
    Jim Thacker · CEO--Partner · Lindon, UT

    There were new realities created by the economic downturn that forced us to react quickly & decisively to remain competitive. A key for us was to never allow the recession to become a scapegoat for poor performance. Doing so, would have created a self-fulfilling prophesy.

    I suspect many small labs...[More]

  • Nathan McBride Image
    Nathan McBride · Owner/Dental Technician · Vancouver, WA

    Wow. How can I be on the top?

  • Kim Molinaro Image
    Kim Molinaro · Managing Editor · West Hartford, CT

    When the financial crisis hit our country in 2008, LMT immediately responded with a survey of our readers to get a baseline for how it would affect our community. And as we promised then, we've kept our finger on the pulse of your businesses, sharing the results of periodic follow-up surveys; here's the latest.

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