Friday, August 7, 2009

Time to Start Planning for Growth Again

Today's positive employment numbers signal that the recession is coming to an end. The Bureau of Labor Statistics latest Employment Situation report estimates that job losses were only 247,000 in July. The unemployment rate unexpectedly dropped to 9.4%.

Here is an update of page 4 from my latest 2009 Midyear Economic Outlook for Wholesale Distributors, a new report available for free download courtesy of IBM Corporation.

I predicted recovery in the second half of 2009 way back in November and reiterate the forecast in this new report.

Yes, it's time to start planning for growth again.

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