A couple of weeks ago I talked about an economy that was slowly recovering. There was fear by some that we might have been heading for a double dip recession, but it seems we are out of the danger zone…for now anyway.
The numbers are definitely looking better.
Stocks are going up again, pay is increasing ever so slightly, and some jobs are being added, even though unemployment remains high.
Economists warned us that recovery would be slow and arduous, it certainly is, but at least we are recovering. If slowly.
Hopefully the lingering European economic crisis can be contained and not spread to Spain and Italy, which could have ramifications for a persistently weak global economy.
Luckily U.S. stock futures are rising in response to the perception of a recovering economy, which can be seen in this brief story.
Here’s to the hope that these trends continue in the right direction!