Unemployment rates will continue to rise (mostly because of re-entrants)
GDP will drop (due to stimulus $ drop)
It appears as if we may go in to a double dip but we won't. It will just be a slow recovery.
Loss in private sector demand = unemployment.
Amount of $ earned from work is down 20% during the recession
Government spending is up 10%
Growth in handheld technical devices and infrastructure.
There are currently 6.6M vacant houses for sale or rent. That is 2M more than normal.
Thursday, March 25, 2010
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