Thursday, April 09, 2009

More Good Economic News: Economy No Longer In Free Fall

You don't have to look hard and long today to find an economist making this claim. We certainly see it each day. There is movement, and there are signs that the economy, markets and people are beginning to loosen up a bit. In fact, we continue to see slight increases in our transaction count each month since the first of the year.

Here is a quote from the Kiplinger Washington Letter:

"The economy may no longer be in free fall, and a
bottom could be in sight. Manufacturing, retail sales and housing are
showing slight improvement. The stimulus will bring more gains this
summer, but the job market is still suffering."

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