Restoration logo
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • NEWS
  • PRODUCTS
  • EDUCATION
  • TOPICS
  • BUSINESS
  • BUYER'S GUIDE
  • VIDEOS
  • INFOCENTER
  • THE EXPERIENCE
  • EMAG
  • SIGN UP
cart
facebook twitter linkedin youtube
  • PRODUCTS
  • New Products & Technologies
  • Submit Your Product
  • Interactive Product Spotlights
  • EDUCATION
  • KnowHow.
  • Podcasts
  • Trade Shows & Expos
  • Training & Certification
  • Webinars
  • Whitepapers
  • TOPICS
  • Water Damage
  • Fire & Smoke Damage
  • Mold
  • Contamination
  • Odor
  • Contents
  • Architecture
  • Catastrophe
  • Cleaning
  • BUSINESS
  • Managing Your Business
  • Insurance/Legal Matters
  • VIDEOS
  • Ask Annissa
  • Ask the Expert
  • Ironclad Marketing Minute
  • TradeTalks
  • Video Channel
  • INFOCENTER
  • Mold and Mycotoxins
  • THE EXPERIENCE
  • Conference & Exhibition
  • Convention & Trade Show
  • R&R Special Issue
  • EMAG
  • eMagazine
  • Archive Issues
  • Contact
  • Advertise
Restoration logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Restoration logo
  • NEWS
  • PRODUCTS
    • New Products & Technologies
    • Submit Your Product
    • Interactive Product Spotlights
  • EDUCATION
    • KnowHow.
    • Podcasts
    • Trade Shows & Expos
    • Training & Certification
    • Webinars
    • Whitepapers
  • TOPICS
    • Water Damage
    • Fire & Smoke Damage
    • Mold
    • Contamination
    • Odor
    • Contents
    • Architecture
    • Catastrophe
    • Cleaning
  • BUSINESS
    • Managing Your Business
    • Insurance/Legal Matters
  • BUYER'S GUIDE
  • VIDEOS
    • Ask Annissa
    • Ask the Expert
    • Ironclad Marketing Minute
    • TradeTalks
    • Video Channel
  • INFOCENTER
    • Mold and Mycotoxins
  • THE EXPERIENCE
    • Conference & Exhibition
    • Convention & Trade Show
    • R&R Special Issue
  • EMAG
    • eMagazine
    • Archive Issues
    • Contact
    • Advertise
  • SIGN UP

The Economic Downturn and the Restoration Industry

November 29, 2008

Companies in the insurance-related restoration industry would like to think that this industry is recession proof. After all, water damage, fires and natural disasters will continue to happen regardless of the economy. As long as there are insurance companies who have been pre-paid to cover these property claims, there will always be business. Even in past economic hardship times, the restoration industry thrived and continued to grow.

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
To unlock your recommendations.

Already have an account? Sign In

  • mold remediation

    Fighting Mold and Bacteria Damage

    Successful mold remediation can be multidisciplinary,...
    Contamination Restoration & Remediation​
    By: Josh Woolen
  • certifications and licenses for restoration professionals

    Certifications and Licenses Every Restoration Company Needs

    Restoration companies need to make sure they have the...
    Restoration Training/Education
    By: Sharon Elzarat
  • a wall covered in moss and fungus

    Zero Tolerance for Toxic Molds: Essential Steps for Successful Remediation

    Understanding the importance of zero tolerance for toxic...
    Mold Remediation
    By: Michael A. Pinto CSP, SMS, CMP, RTPE, FLS, ERS and Kendra Seymour
You must login or register in order to post a comment.

Report Abusive Comment

Subscribe For Free!
  • eNewsletter
  • Online Registration
  • Subscription Customer Service
  • Manage My Preferences

Ask The Expert - From the Unknown to Making a Difference: AJ and Becky's Journey

Ask The Expert - From the Unknown to Making a Difference: AJ and Becky's Journey

Ask The Expert - Transforming Business Operations: Insights from Leighton Healey

Ask The Expert - Transforming Business Operations: Insights from Leighton Healey

Ask The Expert: Unlocking Efficiency in Water Damage Restoration

Ask The Expert: Unlocking Efficiency in Water Damage Restoration

Ask The Expert: Catastrophe Panel – Back to the Basics Part 1

Ask The Expert: Catastrophe Panel – Back to the Basics Part 1

More Videos

Popular Stories

wall cavity drying

Dry or Demolish? Navigating the Complexities of Wall Cavity Restoration

Ask the Expert: Unlocking Efficiency in Water Damage Restoration

Unlocking Efficiency in Water Damage Restoration

Ask the Expert: Catastrophe Panel - Back to the Basics Part 1

Catastrophe Panel – Back to the Basics Part 1

R&R Ladder Award - Submit Your Nomination

Events

September 3, 2025

The Experience Convention and Trade Show

The Experience Convention & Trade Show logoJoin us in Las Vegas for The Experience Convention & Trade Show, the leading event for cleaning, restoration, and remediation pros, packed with hands-on demos, expert speakers, and high-impact networking. Happening September 3–5, 2025 at Caesars Forum—this is where the industry comes to learn, connect, and grow!

View All Submit An Event

Poll

Restoration Services

What restoration/remediation service do you prioritize most?
View Results Poll Archive

Products

The Cleaning, Restoration, Inspection, and Safety Glossary

The Cleaning, Restoration, Inspection, and Safety Glossary

The Cleaning, Restoration, Inspection, and Safety Glossary.

See More Products
Webinar - Top Legal Tools Every Restoration Contractor Should Understand

Related Articles

  • post pandemic economy

    Taking Lessons from the Last Economic Downturn into the Post-Pandemic Economy

    See More
  • Ask the Expert: Tips on Having a Thriving Restoration Company Throughout Economic Hardship

    Tips on Having a Thriving Restoration Company Throughout Economic Hardship

    See More
  • rest rndup 102019

    Restoration Roundup: The Latest Headlines Affecting the Restoration Industry

    See More

Related Products

See More Products
  • CRIS.gif

    The Cleaning, Restoration, Inspection, and Safety Glossary

  • CONTENTS_SUCCESS_BOOK-(2)-1.gif

    The Contents Restoration Success eBook! (PDF download)

  • After-The-Smoke-Clears.gif

    After The Smoke Clears...

See More Products

Related Directories

  • Rytech Restoration of the Midlands

    No one plans for the destruction caused by water, fire or mold, but when it happens, the team at Rytech Restoration of The Midlands is here to help. Our certified specialists provide 24/7 emergency service to get you and your Columbia SC home or business back to normal as quickly as possible. From residential homes to commercial buildings, we specialize in mold remediation, water damage restoration, and fire and smoke damage cleanup. Our live specialists are ready to answer your questions and dispatch a local specialist to your door. Schedule a free inspection and estimate today!
×

Stay ahead of the curve with our eNewsletters.

Get the latest industry updates tailored your way.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
    • Submit a Press Release
  • SIGN UP TODAY
    • Create Account
    • eNewsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Reprints
    • Marketing Services
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing

Restoration logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Restoration logo
  • NEWS
  • PRODUCTS
    • New Products & Technologies
    • Submit Your Product
    • Interactive Product Spotlights
  • EDUCATION
    • KnowHow.
    • Podcasts
    • Trade Shows & Expos
    • Training & Certification
    • Webinars
    • Whitepapers
  • TOPICS
    • Water Damage
    • Fire & Smoke Damage
    • Mold
    • Contamination
    • Odor
    • Contents
    • Architecture
    • Catastrophe
    • Cleaning
  • BUSINESS
    • Managing Your Business
    • Insurance/Legal Matters
  • BUYER'S GUIDE
  • VIDEOS
    • Ask Annissa
    • Ask the Expert
    • Ironclad Marketing Minute
    • TradeTalks
    • Video Channel
  • INFOCENTER
    • Mold and Mycotoxins
  • THE EXPERIENCE
    • Conference & Exhibition
    • Convention & Trade Show
    • R&R Special Issue
  • EMAG
    • eMagazine
    • Archive Issues
    • Contact
    • Advertise
  • SIGN UP