Economic Outlook: First Quarter 2009

Economic Outlook: First Quarter 2009

U.S. ECONOMY Recent economic indicators have been coming in at better than expected levels over the past month.  After falling at a 4% rate since the summer of 2008, consumer spending is expected to rise slightly in the first quarter of 2009.  The University of Michigan Consumer Sentiment Index is expected to climb again in…
The “Down Economy” Bandwagon

The “Down Economy” Bandwagon

It seems like we’ve been preparing for this current recession for the past two or three years, constantly predicting it and staving it off as long as we could, all the while listening to the media tell us that it was just around the corner. And now that it is here—and it is here—we’re witnessing…