Wednesday, May 6, 2009

Is the Funeral Industry Recession-Proof?

It seems appropriate that one of my earliest blogs should be about the economy, since that seems to be first and foremost on everyone's mind these days. We are facing an unemployment rate approaching the highest it has been in my lifetime, the Dow reduced to half its worth in a very short period and real estate numbers a fraction of what they were just a few years ago. Confidence in the future is at an all time low.

In discussing a recession versus a depression, an MSNBC host was asked to explain the difference. "When your neighbor loses his job, it's a recession. When YOU lose your job, it's a depression. Whatever your definition, the one certainty is that our community is experiencing great pain.”

Almost daily someone will tell me, either when I am out in the community somewhere or at the Chapel, that the funeral business is one not affected by the economy - a recession proof business. Think about this for a moment. We meet and interact with families experiencing pain. Never has there been a time when people have come to us hurting so deeply in addition to the grief they are experiencing over the loss of their beloved family member. As in every business, we face challenges in continuing to offer services that have meaning while being sensitive to economic hardships facing our entire community.

David Techner, Funeral Director

1 comment:

  1. Personally I don't think any 'business' is recession proof these days, and that includes the funeral industry. People are pinching pennies on a regular basis (I wouldn't mind being buried in a pine box myself, no kidding), and if it means a cremation or $1,500 funeral that's what they'll go with.

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