Predicting a 'Modest' Recovery Soon

Predicting a 'Modest' Recovery Soon - http://www.billshrink.com Avatar Posted by stillwagon428 under Finance
From http://www.billshrink.com 4894 days ago
Made Hot by: neshthompson on July 19, 2009 3:06 pm
The most positive thing to be said of recessions is that they eventually end. As bad as the Great Depression and other downturns were — and for as long as they lasted— the country ultimately emerged stronger, and grew more prosperous after each one. This has led some to wonder if a recovery from today's recession is on its way. We are not out of the woods yet, but certain data and media reports do seem to indicate a modest recovery in the not too distant future.





Comments


Written by lyceum
4890 days ago

The Purchasing Managers' Index is a good indicator to see when the recovery is getting a hold. Look for the index to enter the expanding area of "50" level. If it will reach and go above 50 for several months, you have evidence that you are on the right track.



Written by ShawnHessinger
4890 days ago

We'll keep hoping for the best. It's important, especially for people in small business, to keep moving forward and not to be reactionary even in the given economy. Doing nothing rarely yields a positive result.



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