"The first sign of an improvement will be...corporate silence. As in no more draconian job-cut announcements. Once that happens (or doesn't), the unemployment rate will plateau. Then, companies might start hiring again, and a couple of months after that, the unemployment rate will start to fall. Three straight monthly declines would be a good sign that the economy is really on the rebound. That probably won't happen until 2010."
http://finance.yahoo.com/news/How-To-Tell-When-The-Economys-usnews-14351762.html
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A good one. Thank you.
I am encouraged by the following remarks:
"A recent survey of economists by the Wall Street Journal found that the majority think the economy will continue to contract for the first half of 2009, with growth turning positive in the second half of the year."
It sounds better than I thought where the economy would be at the end of 2009.
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