Wednesday, April 7, 2010
First Quarter Economic Analysis
Last week’s employment report showed the biggest U.S. employment rise since March 2007. On the other hand, unemployment duration got longer and the broad rate increased to 16.9%. Demand for manufactured goods is up, and the manufacturing sector seems to be leading the economic recovery, but the housing market remains tentative. Is this the beginning of the end of the recession, or just another mixed bag? This Wednesday we’ll check in with our money gurus to see where our economy stands and what we can expect to happen next.