Poor economy lets companies refocus, not grow

Poor economy lets companies refocus, not grow

July 8, 2012 4:14 PM

The slow U.S. economy has actually been good for many businesses, allowing them to focus on what's most important for the company, reducing debt, and getting costs down. But as Jeff Glor reports, that doesn't help the jammed job creation machine.

  • Recommended
  • On the road: Three siblings survive Okla. tornado On the road: Three siblings survive Okla. tornado

    2:25 May 24, 2013

  • Congressional gold medal awarded to civil rights heroes Congressional gold medal awarded to civil rights heroes

    1:58 May 24, 2013

  • After superstorm Sandy, the Jersey Shore is open for business After superstorm Sandy, the Jersey Shore is open for business

    2:15 May 24, 2013

  • The man who sounded the alarm in Moore, Okla. The man who sounded the alarm in Moore, Okla.

    2:13 May 24, 2013

  • Second London terror suspect identified Second London terror suspect identified

    0:23 May 24, 2013

  • Security watch lists growing too large? Security watch lists growing too large?

    2:00 May 24, 2013

  • Obama urges honorable conduct on military grads Obama urges honorable conduct on military grads

    2:00 May 24, 2013