The Vermont Chamber of Commerce has a new leader. Betsy Bishop will leave her job as Economic Development Commissioner with the state to become the Chamber's next President. It's a difficult time for many businesses. WCAX News Reporter Kristin Carlson sat down to talk with Bishop about her goals.
Bishop: During this economic cycle we have businesses who are struggling immensely trying to make it and they are doing lots of things to try and continue that and I look forward to helping them in that endeavor.
Carlson: You are taking over in a time of great economic uncertainty. A recovery could come possibly in 2011. What do you see as the biggest challenge for businesses right now?
Bishop: I think the biggest challenge for business is that last fall when this downward economic cycle really started we saw sales decline, demand for all types of products and services decline and the challenge for Vermont businesses is how to sustain the level of employment that they had; how to sustain their businesses through this economic cycle and even though we are seeing little possible rays of hope, it's going to be a long time before the economy recovers nationally and in Vermont.
Betsy Bishop says companies are trying to find new customers but many have had to cut back employee hours or lay off workers.
Carlson: When you look at the Vermont sector what's one area that really is showing a lot of promise for growth?
Read full story [WCAX News]
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