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Will the Economy Pull Down the Freelance Writing Industry?

Personally, I do not know much about American economics. With that being said, I have taken the time to stay up to date on the current situation in the United States. While it is hard to predict the future, a lot of so-called experts feel that a recession is on the way. Like most, this worries me for a number of different reasons.

Over the past week or so I have talked to a few other freelance writers, and they feel that the downturn in the economy will eventually have an effect on the freelance writing industry. I guess that I agree with this to a certain extent, but I do not know enough about the economy to make an educated prediction. Will the freelance writing industry slow down because companies and webmasters will no longer have the money to spend? This makes sense, but again, predicting the next turn is next to impossible.

What do you guys and gals think of this? Are you worried that things will slow down across all industries, including freelance writing? While only time will tell, hopefully some of you readers will have some better insight on this. I am not going to sit around and worry about the possibility of losing a lot of business, but it is obviously a concern for millions of people. Hopefully, things will get worked out before the economy slips even further. What is going to happen next? And will we (freelance writers) be affected?

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16 Comments »Freelance WritingJanuary 20th, 2008

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