There are some encouraging economic signs just announced the 24th of December, 2009:
- the number of newly laid-off workers fell more than expected last week
- the four-week average for unemployment claims fell for the 16th consecutive week
- U.S. factory orders for “big ticket items” (durable goods) rose in November and, while less than expected, were double what economists had predicted.
Are we out of the economic woods yet? It is a bit early to declare victory, but, I appreciate goods news as we leave 2009 and move into 2010.
Dave Gardner, Gardner & Associates Consulting