The Economy, Small Business and Dentistry promising numbers

Dec 1, 2010 | Miscellaneous

Dental Economics conducted the 2010 Annual Dental Practice Survey, an in-depth analysis of how dental practices have fared over the past 12 months.  This year’s survey represents an overwhelming response from our readers.  This year’s results are especially promising in that they show our field of endeavor is stable. Remarkably, we have not lost ground since last year, and the signs for the future are optimistic in this time of economic collapse all around us.

For example, 57.4% of the dentists responding to this year’s survey say that they will increase gross production compared to their production in 2009. In addition, 51% of the respondents report increases compared to only 39.5% in 2009. This is an important benchmark for our industry and I hope you find the analysis and data valuable and insightful.

In addition, according to cnbc on December 1st, they reported that the economy created 93,000 private sector jobs in November, pointing to the first signs of a turnaround in the labor market, according to the latest report from ADP and Macroeconomic Advisors.

Downsizing
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Job creation came primarily from the service sector, which rose by 79,000, gaining for the 10th month in a row. Goods producers added 14,000, while manufacturing lost 16,000.

The ADP report reflected

the biggest rise since November 2007, after an upwardly revised gain of 82,000 the month before. The October figure was originally reported as a gain of 43,000.