Are there any signs out there that the economy might be getting better?
- April 15, 2009 3:33 PM |
- By Your Voice
In separate speeches Tuesday, U.S. President Barack Obama and Federal Reserve chairman Ben Bernanke said there may be some breaks appearing in the dark economic clouds.
Bernanke pointed to some recent improvement in data on home and auto sales, home building and consumer spending as the source for his more optimistic view.
In Canada businesses remain gloomy about their prospects over the next year in the face of the global recession, although they're not quite as negative as three months ago, the Bank of Canada says.
The only good news in the spring survey was that expectations weren't as bleak as three months ago, when the winter survey recorded the lowest sentiment level since the surveys began in 1997.
What are you seeing around you? Are there any sign s out there that the economy might be getting better?
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Comment (1)
Best of luck to you Donna in your venture.