Many parts of the country are improving, according to a new survey released by government. The findings indicate that the worst recession since the 1930s may be over. A CNN article goes on to report, "all but one of the Fed's 12 regions indicated that economic activity was "stable," showed "signs of stabilization" or had "firmed." The one exception was the St. Louis region, which continued to report that the pace of decline in economic activity appeared to be "moderating."
Looking ahead, businesses in most Fed regions said they were "cautiously positive" about the economic outlook."
So, cautiously positive? With so many people thinking about their finances these days, can we really say the recession is over?
Photo from creative commons license on Wikipedia.
Looking ahead, businesses in most Fed regions said they were "cautiously positive" about the economic outlook."
So, cautiously positive? With so many people thinking about their finances these days, can we really say the recession is over?
Photo from creative commons license on Wikipedia.
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