This year, we could argue, was pretty tough. The recession has been over for more than a year, but the economy still seems to be weak. Unemployement still floats around 10%, so hopefully more jobs will begin to be added next year.
The weak economy is showing signs of recovery however. Earlier we talked about an economy that is slowly starting to grow again. Indicators are looking better, and many economists predict the economy to continue to recover next year, though it will still be a pretty slow comeback. Weakness continues in the housing market and job creation, but overall growth is expected at 3%. This type of growth is certainly low, but better than what we were experiencing in 2008 and 2009.
Again, economists are for the most part optimistic about 2011. Soon we will have another fresh year to make new resolutions and expect things to improve once again.
So from Allied Modular, we would like to wish you a Happy New Year! Have a great New Year’s eve and have lots of fun out there, but be careful as well! We will see you next year!