DANCING IN SEPTEMBER? Not quite. Latest forecast is for the recession to end in September but unemployment to remain high for another year. ARTICLE HERE.
Hopeful nugget: "Several factors are offering hope, chief among them businesses' sharp cuts in production and inventory late last year. The economy may be reaching a point where even meeting subsistence demand requires an increase in output. Empty shelves need to be restocked, even if at lower levels than before." -- Wall Street Journal
Print | posted on Thursday, April 09, 2009 4:00 PM