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Feb
19

Have we hit the bottom? A hopeful sign...

Dennis Lauver on Thursday, February 19, 2009 at 10:55:46 pm

Dennis_lauver_webDennis Lauver
CEO, Salina (KS) Area Chamberl
Chair, ACCE Government Relations Division

I am the eternal optimist but the Conference Board's "Index of Leading Economic Indicators" reports that indicators are UP (barely) for the 2nd month in a row! Not much of a gain, but still better than a drop. This could be a positive sign that we will see the overall economy start moving in the right direction.

My guess, based on what I've been reading, is that we might be at/very near the bottom but that things will be flat for a while with weak or little growth for a few months before things start moving up again.

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