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Businesses Tightening Their Belts
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The company has declined to renew its membership in a couple of business organizations to save cash and is more discriminating in its philanthropy.
"We're probably reviewing those kinds of things more closely and watching our budget and expenditures more closely," Atwell said.
As companies pull back, the effects ripple through the economy. Rebecca Barnes, co-owner of Bargain Boxes Moving and Storage in Manassas, routinely replaces her truck fleet. This year, "I'm not even considering it," she said.
And she knows that others suffer as a result.
"If I'm not buying a new truck every two years, then Cowles Parkway Ford is not getting my sale on a regular basis," Barnes said. "Everything has an effect on everything else."
Researcher Richard Drezen contributed to this report.
