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The company's chief executive, Thian Hoo Tan, said he believed the company was now well positioned for the information-technology industry turnaround when it finally occurs.
The tightening has been an unexpected blow to many retailers, who had bet that consumers would be spending again and that the school season would be fuel for an industry turnaround.
Recent quarterly reports from the utilities sector shot expectations for a near-term industry turnaround as demand deterioration was even worse than expected.
Automakers have consistently pinpointed a lack of financing opportunities as the culprit for lagging vehicle sales, and investors seem hopeful that the latest government infusion will spur an industry turnaround.
James Sinclair, head of the hospitality industry turnaround firm OnSite Consulting, says one of the biggest challenges his employees have had adapting to the way he runs his business is answering the question, "But where is your company based?" The answer: Wherever the work needs to be done.
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The industry's turnaround has been swift.
Previously, Mr. Jackson had been conservative in his assessments of the industry's turnaround.
The earnings underlined the industry's turnaround in the last few months, as all the major carriers reported a profitable third quarter after struggling through years of losses.
Mr. Schloss said that many large investors wanted to own both Ford and G.M. shares to take full advantage of the domestic industry's turnaround.
That new strategy points to the improving financial health of the industry, a turnaround that can be traced to both the string of megamergers among the big carriers and the industry's single-minded emphasis on cutting excess capacity since the depths of the recession.
Mr. Gregory, of the Kentucky distillers group, credited the premium market that Mr. Lee pioneered as a major factor in the bourbon industry's turnaround in the last decade; sales reached 30 million gallons in 2012 for the first time since 1973, he said.
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