MSNBC reported today that the economy is throwing off signals that it may be bumping along the bottom, and the ride is likely to be rough.
Some of recent green lights include: a rise in demand for big-ticket items like major appliances, a decline in applications for unemployment benefits and a housing market that is no longer in free-fall.
The data lend weight to the growing notion, supported by more than 90 percent of economists in a recent survey, that the deepest recession since the 1930s may be drawing to a close.
No comments:
Post a Comment