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Is Our Economy Still Bottoming Out?
photo credit: Paulo Brandão
Some people would say that the economy conditions are already improving and the future look’s brighter everyday, however, other’s would say that their are still signs that prove the economy is still on a downturn and not getting any better. In a recent article found on Small Biz Labs there was a list of some signs still showing that we are bottoming out and starting to turn our economy around.
- While the first quarter was still a little weak, it was no where near as bad as this time in 2008. Not a huge improvement, but it’s an improvement in the right direction just the same.
- Along with other sector’s of business, auto sales are starting to increase and show some signs of life again which is a big improvement from last year.
Venture capitalist’s are feeling better about the economy. Don’t get me wrong – it’s still ugly out there. Like many, we think unemployment will continue to rise and exceed 10% by the end of the year.
What do you think, is our economy growing better?
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