Many economists believe we are crawling out of the recession.
But, interestingly enough, the recession actually helped at least one local business grow.
And, it looks like they'll be adding jobs for years to come.
"We hired 150 people last year," said Hal Halladay, senior vice president of Corporate Development at Infusionsoft. "We're on pace to do that again this year. Over the next three to four years, we'll hire another 700 people."
Infusionsoft of Chandler currently has 400 employees.
A $54 million investment by Goldman Sachs will help the company expand.
It has been around for a decade, providing sales and marketing software for small businesses.
"(It's) not only who we're hiring - (it's) how we make and help small businesses succeed (that) creates jobs and creates economic activity," said Halladay.
He said the recession actually kick-started Infusionsoft's growth about four years ago.
"We serve small businesses and I think the recession actually created a number of small businesses," Halladay said. "As people lost jobs, they decided to fulfill a dream of always wanting to have a small business or they just decided 'I'm tired of working for someone else.'"
Thousands of small businesses, all over the world, are now using Infusionsoft's products.
And, experts tell CBS5 News, it's companies like this - that also sell outside of their area - that drive the economy.
"That's where the whole ball of wax is," said Tom Rex, associate director of the Center for Competitiveness and Prosperity Research at ASU's W.P. Carey School of Business. "You've got to have those types of companies and they need to be growing in order for your economy, locally, to be doing well."
To learn about available jobs at Infusionsoft, visit their online career center.
Copyright 2013 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.
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