Time to Start Planning for Growth Again
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. Yes, it's 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%.
I predicted recovery in the second half of 2009 way back in November and reiterate the forecast in this new report.



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